Metropolitan market · Alaska · September 2026 data

What is the Anchorage, AK real estate market doing?

As of September 2026, the median home listed in Anchorage, AK asks $485,000, up 0.5% year over year. Homes spend a median of 51 days on market, with 1,147 active listings and 21% carrying a price cut; pending contracts equal 61% of active listings, and inventory sits at 58% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 3.9%. Figures come from public records and industry data, updated monthly.

Median listing price
$485,000
▲ 0.5% YoY
Median $ / sq ft
$267
1,846 sq ft median
Median days on market
51
September 2026
Active listings
1,147
For sale now
New listings
612
September 2026
Listings with price cuts
21%
Share of active
Inventory vs 2019
58%
Same month, 2019 = 100
Pending / active
61%
Contract activity
Median sale price (closed)
$450,000
0.0% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
610
Closed sales · July 2026, seasonally adjusted

What is the Anchorage, AK housing market doing right now?

The Anchorage, AK housing market lists at a $485,000 median as of September 2026, up 0.5% year over year, with a 51-day median market time and 1,147 homes for sale (21% with a price cut). Active inventory is 58% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 3.9%.

Anchorage housing market statistics

The table summarizes Anchorage's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Anchorage.

Anchorage, AK housing market at a glance — September 2026
MetricLatestDetail
Median listing price$485,000+0.5% YoY
Median price per sq ft$2671,846 sq ft median
Median days on market51-8% YoY
Active listings1,147+8% YoY
New listings this month612September 2026
Listings with a price cut21%Share of active
Median sale price (closed)$450,0000.0% YoY · closed sales, July 2026
Sale-to-list ration/aNon-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Pending-to-active ratio60.9%699 pending
Inventory vs 201958%Active listings vs same month in 2019
Gross rental yield3.9%2BR fair market rent

How have home prices changed in Anchorage?

Anchorage home prices are up 0.5% year over year and 0.0% month over month as of September 2026, at a $485,000 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$492K$481K$470K$459K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Anchorage AK · trailing 8 quarters · source: public records and industry data.

The 10-year view
$492K$447K$401K$355K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Anchorage AK · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Anchorage?

Anchorage has 1,147 active listings, 612 new this month, 699 pending as of September 2026. About 21% of active listings have cut their price, and inventory sits at 58% of its 2019 level — a balanced market by pace.

Active listings
1,147
New this month
612
Pending
699
Price-reduced
240

Is Anchorage a good real estate investment?

Anchorage scores 66/100 on WealthyBud's composite Investor Score, ranking #158 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
66/100
#158 of 933 covered metros
12-month outlook
+3.1%
▲ Rising · model output, not advice
Price volatility
Low
σ 3.3% · 20-yr price-index swings
Momentum
52
Value
71
Rental yield
46
Supply risk
15
Market heat
82

Anchorage scores 66/100 on our composite Investor Score (#158 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 42% over five years and +55% over ten, leaving prices 12% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,562/mo for a two-bedroom, the gross rental yield on the median listing is about 3.9%; active inventory sits at 58% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are up 0.5% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Anchorage ranks on the trending markets index.

How much is a monthly mortgage payment in Anchorage?

A home at Anchorage's $485,000 median listing runs about $2,655 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$2,397/mo
−$258/mo vs today
At today's rate · 7.28%
$2,655/mo
National weekly average
If rates rise 1% · 8.28%
$2,923/mo
+$268/mo vs today

Principal & interest on the $485,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Anchorage?

To buy Anchorage’s $485,000 median listing with 20% down, a household needs about $135,000 a year in gross income, keeping principal, interest and property tax ($3,152/mo) at 28% of income. That is 1.4× the area’s $95,918 median household income, so a typical Anchorage household cannot afford the median listing on these terms.

Income needed to buy the median home in Anchorage, AK — September 2026
ItemAmountBasis
Median listing price$485,000September 2026
Down payment (20%)$97,000Assumption
Principal & interest (7.28%, 30-yr fixed)$2,655/moRate as of 2026-10-01
Property tax (1.23% effective rate)$497/moCensus ACS
Income needed (28% rule)$135,000Gross household income / yr
Median household income$95,918Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Anchorage housing market?

Longer-run demand in Anchorage shows up in 352 homes permitted in 2025; net migration of -1,376 residents; -0.6% job growth. Natural-hazard risk rates Relatively High. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
352
▼ 11.3% vs 2024
0.9 per 1,000 residents
Net migration (2022–2023)
-1,376
▼ people, via tax-return records
net income flow −$80.3M/yr
Job growth (YoY)
-0.6%
▼ 185.5k nonfarm jobs · August 2026
Natural-hazard risk
Relatively High
National hazard index · top hazard: Earthquake

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Anchorage housing market FAQ

What is the median home price in Anchorage?
As of September 2026, the median listing price in Anchorage, AK is $485,000, up 0.5% year over year (source: public records and industry data). Figures cover the Anchorage, AK metro area.
How much does it cost to buy a home in Anchorage?
The median home listed in Anchorage asks $485,000 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,655 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Anchorage?
The median property in Anchorage spends 51 days on the market, with 1,147 homes actively listed and 21% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Anchorage?
With a median 51 days on market and 21% of active listings carrying a price cut, pending contracts at 61% of active listings, Anchorage reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Anchorage a good place to invest in real estate?
Anchorage scores 66/100 on WealthyBud's Investor Score, ranking #158 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Anchorage?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Anchorage and the wider Alaska market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Anchorage, AK metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

Comparable U.S. housing markets

Priya Nandakumar Housing Economist

Priya Nandakumar is a housing economist who tracks national and regional housing-supply trends, mortgage rates and affordability using public Census and housing-starts data. She translates federal housing releases into metro-level takeaways for buyers and investors.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.