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Bear Valley Glen Alps Hillside East Mid Hillside O'Malley (Huffman) Rabbit Creek Turnagain Arm

ANCHORAGE, AK 99516

Real Estate Market Report
Seller's Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 99516

Bear Valley · Glen Alps · Hillside East · Mid Hillside · O'Malley (Huffman) · Rabbit Creek · Turnagain Arm

Market Analysis

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

The ANCHORAGE, AK real estate market (99516) currently shows 110 active listings, with 65 pending sales. Homes are averaging 33 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 33 days on market compared to 39 days last year.

The median listing price has risen 15.5% year-over-year, from $785,000 to $906,750.

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: 21,788  ·  Density: 191.6/mi²  ·  Median household income: $151,291

Typical home value: $541,426  ·  Homeownership: 88.7%

Market Overview

Active Listings
110
⇩ 5.2% vs 116 last year
Pending
65
59% pending ratio
Median Price
$906,750
⇧ 15.5% vs $785,000 last year
Average Price
$1,123,457
⇧ 14% vs $985,136 last year
Days on Market
33
⇩ 15.4% vs 39 days last year

Price Per Square Foot

Median $/sqft
$293
⇩ 2.7% vs $301/sqft last year
Median Home Size
3,011 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 110 this year vs 116 last year
  • Days on market: 33 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $906,750 (+15.5% YoY)
  • Average: $1,123,457 (+14% 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 0.0 miles — 470 listings ($272,267,035 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99516Anchorage, AK 995160.0 mi60$58,645,860$909,450$977,431
99515Anchorage, AK 995156.5 mi26$15,592,798$552,250$599,723
99504Anchorage, AK 995048.6 mi72$25,348,176$383,500$352,058
99517Anchorage, AK 9951710.9 mi23$12,819,349$433,625$557,363
99501Anchorage, AK 9950111.2 mi44$22,333,828$462,500$507,587
99605Hope, AK 9960518.9 mi2$500,000$250,000$250,000
99567Chugiak, AK 9956731.2 mi21$10,997,679$579,900$523,699
99652Big Lake, AK 9965232.4 mi16$11,645,424$496,500$727,839
99654Wasilla, AK 9965438.3 mi134$76,956,200$557,000$574,300
99611Kenai, AK 9961145.5 mi53$27,157,942$356,500$512,414
99672Sterling, AK 9967251.0 mi16$8,920,880$523,675$557,555
99568Clam Gulch, AK 9956861.3 mi3$1,348,899$549,000$449,633
, 0.0 mi0$0$0$0

Frequently Asked Questions

How many homes are for sale in ANCHORAGE, AK 99516?

As of June 2026, there are 110 active listings in ANCHORAGE, AK (zip code 99516), compared to 116 the prior year.

What is the median home price in ANCHORAGE, AK 99516?

The median listing price in ANCHORAGE, AK 99516 is $906,750 as of June 2026, a 15.5% increase from $785,000 the prior year.

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

Homes in ANCHORAGE, AK 99516 spend an average of 33 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in ANCHORAGE, AK 99516?

Based on current inventory and days-on-market data as of June 2026, ANCHORAGE, AK 99516 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 33 days on market compared to 39 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 99516 save an estimated $18,135 compared to a typical 5% commission on the median listing price of $906,750. 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.