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Airport Heights Downtown Fairview Government Hill Mountain View South Addition

ANCHORAGE, AK 99501

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 99501

Airport Heights · Downtown · Fairview · Government Hill · Mountain View · South Addition

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ANCHORAGE, AK real estate market (99501) currently shows 47 active listings, with 25 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 59 days on market compared to 38 days last year.

The median listing price has risen 49.7% year-over-year, from $391,500 to $586,225.

Whether you are buying or selling in ANCHORAGE, AK, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 16,500  ·  Density: 957.8/mi²  ·  Median household income: $73,540

Typical home value: $365,951  ·  Homeownership: 37.3%

Market Overview

Active Listings
47
⇧ 67.9% vs 28 last year
Pending
25
53% pending ratio
Median Price
$586,225
⇧ 49.7% vs $391,500 last year
Average Price
$557,505
⇧ 11.6% vs $499,538 last year
Days on Market
59
⇧ 55.3% vs 38 days last year

Price Per Square Foot

Median $/sqft
$274
⇧ 11.4% vs $246/sqft last year
Median Home Size
1,938 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 47 this year vs 28 last year
  • Days on market: 59 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $586,225 (+49.7% YoY)
  • Average: $557,505 (+11.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 76.0 miles — 574 listings ($347,927,175 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99501Anchorage, AK 995010.0 mi44$22,333,828$462,500$507,587
99517Anchorage, AK 995173.3 mi23$12,819,349$433,625$557,363
99502Anchorage, AK 995025.8 mi52$35,686,040$598,425$686,270
99504Anchorage, AK 995047.5 mi72$25,348,176$383,500$352,058
99516Anchorage, AK 9951611.2 mi60$58,645,860$909,450$977,431
99577Eagle River, AK 9957719.0 mi61$40,622,340$582,700$665,940
99694Houston, AK 9969427.6 mi4$1,518,532$415,000$379,633
99654Wasilla, AK 9965430.5 mi134$76,956,200$557,000$574,300
99587Girdwood, AK 9958740.2 mi15$17,074,215$907,125$1,138,281
99688Willow, AK 9968847.0 mi40$13,114,320$250,000$327,858
99572Cooper Landing, AK 9957250.7 mi2$2,357,000$1,178,500$1,178,500
99669Soldotna, AK 9966967.9 mi55$34,684,815$485,000$630,633
99664Seward, AK 9966476.0 mi12$6,766,500$399,000$563,875

Frequently Asked Questions

How many homes are for sale in ANCHORAGE, AK 99501?

As of March 2026, there are 47 active listings in ANCHORAGE, AK (zip code 99501), compared to 28 the prior year.

What is the median home price in ANCHORAGE, AK 99501?

The median listing price in ANCHORAGE, AK 99501 is $586,225 as of March 2026, a 49.7% increase from $391,500 the prior year.

How long do homes stay on the market in ANCHORAGE, AK?

Homes in ANCHORAGE, AK 99501 spend an average of 59 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in ANCHORAGE, AK 99501?

Based on current inventory and days-on-market data as of March 2026, ANCHORAGE, AK 99501 is currently a Buyer's Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 59 days on market compared to 38 days last year.

How much can I save on real estate commission in ANCHORAGE, AK?

With SELL123.com's maximum 3% commission, sellers in ANCHORAGE, AK 99501 save an estimated $11,725 compared to a typical 5% commission on the median listing price of $586,225. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.