Anchorage, AK Home Values (2026)
The median home value in Anchorage is about $413,000 (~$265/sq ft) — 42% more expensive than the typical U.S. home. Below: how Anchorage compares, values by home size and ZIP code, and a free tool for your own address.
Thinking of moving to Anchorage?
Here’s what the numbers say about housing costs in Anchorage. A typical home runs about $413,000, which is 42% more expensive than the national median and 11% more expensive than the Alaska average. At roughly $265 per square foot, a median budget here buys you around 1,560 sq ft of home.
Prices swing a lot by neighborhood: across Anchorage’s 12 ZIP codes, the most affordable is 99503 (~$331,000) and the priciest is 99587 (~$726,000) — roughly a 2.2× difference. If you’re relocating, that spread is where the real budgeting happens, so it pays to target ZIP by ZIP rather than the citywide average.
Anchorage home value by size
Using the local rate of about $265 per square foot, here’s a rough estimate by home size. Condition, lot, and exact location move these meaningfully.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $265,000 |
| 1,500 sq ft | $397,500 |
| 2,000 sq ft | $530,000 |
| 2,500 sq ft | $662,500 |
| 3,000 sq ft | $795,000 |
Estimate your specific home in Anchorage
Enter your ZIP and size for an instant estimate tailored to your exact area:
Home values by ZIP code in Anchorage, AK
Typical value and price per square foot for each Anchorage ZIP code we have data for:
| ZIP code | Typical value | $ / sq ft |
|---|---|---|
| 99587 | $726,000 | $658 |
| 99516 | $689,000 | $334 |
| 99540 | $573,000 | $302 |
| 99515 | $475,000 | $268 |
| 99502 | $450,000 | $283 |
| 99507 | $420,000 | $261 |
| 99517 | $406,000 | $254 |
| 99504 | $362,000 | $223 |
| 99501 | $355,000 | $252 |
| 99508 | $345,000 | $230 |
| 99518 | $338,000 | $275 |
| 99503 | $331,000 | $232 |
Grow your home’s value in Anchorage
Use our Increase Home Value calculator to see which improvements add the most, or read the pre-sale projects that actually pay off. See how Anchorage stacks up against other Alaska cities on the Alaska home values page, or browse the full U.S. directory.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. Actual values vary by home and change over time.