Anchorage, AK metro area Housing Market

Name: Anchorage, AK metro area Housing Market Data
Creator: Redfin

Warm Market

Comprehensive housing market data for the Anchorage, AK metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$420K

↑ 3.7% YoY

Days on Market

21 days

– 0.0% YoY

Active Inventory

564

↓ 20.7% YoY

Homes Sold

323

↓ 6.4% YoY

Warm Market

The market is active with moderate buyer demand.

Anchorage, AK metro area Market Summary

The Anchorage, AK metro area housing market is heating up. As of March 2026, the median home sale price is $420K, up 3.7% year-over-year. Homes are spending a median of 21 days on the market, 0.0% shorter than a year ago.

There are 564 homes for sale — 20.7% fewer than last year. With 1.7 months of supply, this is a seller's market. 529 new listings were added during this period, down 3.3% year-over-year.

Homes are selling for 99.6% of their list price on average, suggesting room for negotiation. 30.6% of homes sell above their asking price. 21.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

Contributing Factors

Months of Supply↓ 1.7

Days on Market– 21

Price Drops↑ 21.6%

Sale-to-List Ratio– 99.6%

Market Temperature– Warm

How This Market Compares

vs. National Median

Median Price (National: $437K)↓ 3.8%

Days on Market (National: 55)↓ 61.8%

Inventory (National: 1,314,690)↓ 100.0%

vs. Alaska Median

Median Price (Alaska: $400K)↑ 5.1%

Days on Market (Alaska: 33)↓ 36.4%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Anchorage, AK metro area Market Trends

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Detailed Market Metrics

Median List Price

$460K

Price per Sq Ft

$253

Sale-to-List Ratio

99.6%

Months of Supply

1.7

Sold Above List

30.6%

Price Drops

21.6%

New Listings

529

↓ 3.3% YoY

Pending Sales

515

Off Market in 2 Weeks

56.5%

Other Markets in Alaska

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$342K · 56d on market

Cool Market

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$489K · 60d on market

Cold Market

Juneau, AK metro area

$386K · 43d on market

Cold Market

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.