Anchorage, AK metro area Housing Market

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: January 2026

Median Sale Price

$420K

3.7% YoY

Days on Market

42 days

23.5% YoY

Active Inventory

551

20.5% YoY

Homes Sold

269

10.0% 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 January 2026, the median home sale price is $420K, up 3.7% year-over-year. Homes are spending a median of 42 days on the market, 23.5% longer than a year ago.

There are 551 homes for sale — 20.5% fewer than last year. With 2.0 months of supply, this is a seller's market. 316 new listings were added during this period, down 20.0% year-over-year.

Homes are selling for 98.9% of their list price on average, suggesting room for negotiation. 23.1% of homes sell above their asking price. 24.1% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

57

Contributing Factors

Months of Supply 2.0
Days on Market 42
Price Drops 24.1%
Sale-to-List Ratio 98.9%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $423K) 0.7%
Days on Market (National: 66) 36.4%
Inventory (National: 1,210,379) 100.0%

vs. Alaska Median

Median Price (Alaska: $408K) 2.9%
Days on Market (Alaska: 56) 25.0%

Investor Takeaway

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

Anchorage, AK metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$460K

Price per Sq Ft

$245

Sale-to-List Ratio

98.9%

Months of Supply

2.0

Sold Above List

23.1%

Price Drops

24.1%

New Listings

316

20.0% YoY

Pending Sales

322

Off Market in 2 Weeks

40.1%

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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.