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Sand Lake Spenard Turnagain

ANCHORAGE, AK 99502

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 99502

Sand Lake · Spenard · Turnagain

Market Analysis

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

The ANCHORAGE, AK real estate market (99502) currently shows 80 active listings, with 37 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 47 days on market compared to 41 days last year.

The median listing price has fallen 16.8% year-over-year, from $543,450 to $452,250.

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Market Context

Market Context

Population: 26,257  ·  Density: 577.3/mi²  ·  Median household income: $112,635

Typical home value: $392,722  ·  Homeownership: 73.4%

Market Overview

Active Listings
80
⇩ 12.1% vs 91 last year
Pending
37
46% pending ratio
Median Price
$452,250
⇩ 16.8% vs $543,450 last year
Average Price
$545,964
⇧ 0.2% vs $544,997 last year
Days on Market
47
⇧ 14.6% vs 41 days last year

Price Per Square Foot

Median $/sqft
$271
⇧ 4.6% vs $259/sqft last year
Median Home Size
1,741 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 80 this year vs 91 last year
  • Days on market: 47 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $452,250 (-16.8% YoY)
  • Average: $545,964 (+0.2% 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 73.1 miles — 585 listings ($322,391,392 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99502Anchorage, AK 995020.0 mi52$35,686,040$598,425$686,270
99518Anchorage, AK 995183.4 mi19$6,311,344$295,000$332,176
99501Anchorage, AK 995015.8 mi44$22,333,828$462,500$507,587
99507Anchorage, AK 9950710.1 mi63$34,746,327$392,500$551,529
99504Anchorage, AK 9950411.6 mi72$25,348,176$383,500$352,058
99577Eagle River, AK 9957723.2 mi61$40,622,340$582,700$665,940
99605Hope, AK 9960529.2 mi2$500,000$250,000$250,000
99654Wasilla, AK 9965436.0 mi134$76,956,200$557,000$574,300
99611Kenai, AK 9961141.9 mi53$27,157,942$356,500$512,414
99572Cooper Landing, AK 9957246.3 mi2$2,357,000$1,178,500$1,178,500
99672Sterling, AK 9967250.2 mi16$8,920,880$523,675$557,555
99669Soldotna, AK 9966962.2 mi55$34,684,815$485,000$630,633
99664Seward, AK 9966473.1 mi12$6,766,500$399,000$563,875

Frequently Asked Questions

How many homes are for sale in ANCHORAGE, AK 99502?

As of September 2026, there are 80 active listings in ANCHORAGE, AK (zip code 99502), compared to 91 the prior year.

What is the median home price in ANCHORAGE, AK 99502?

The median listing price in ANCHORAGE, AK 99502 is $452,250 as of September 2026, a 16.8% decrease from $543,450 the prior year.

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

Homes in ANCHORAGE, AK 99502 spend an average of 47 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in ANCHORAGE, AK 99502?

Based on current inventory and days-on-market data as of September 2026, ANCHORAGE, AK 99502 is currently a Balanced Market. Inventory has tightened compared to last year, with 11 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 47 days on market compared to 41 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 99502 save an estimated $9,045 compared to a typical 5% commission on the median listing price of $452,250. 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.