The housing market in Anchorage, AK (99516) is a bit above the national average. The median value for homes in Anchorage is $561,000, which is significantly above the US median value of $338,100. In terms of appreciation rate, Anchorage has seen an increase of 6.95%, marginally lower than the US median appreciation rate of 8.27%. Despite being slightly less than the national average, this still reflects a growing housing market with potential for further growth in the future.
The median home cost in Anchorage (zip 99516) is $561,000. Home appreciation the last 10 years has been 39.2%. Home Appreciation in Anchorage (zip 99516) is up 8.7%.
Average Age of Homes
- The median age of Anchorage (zip 99516) real estate is 31 years old
The Rental Market in Anchorage (zip 99516)
- Renters make up 6.6% of the Anchorage (zip 99516) population
- 0.7% of houses and apartments in Anchorage (zip 99516), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.