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Airport Heights Mountain View Rogers Park Russian Jack Park Tudor Area University Area

ANCHORAGE, AK 99508

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

Neighborhoods in ZIP 99508

Airport Heights · Mountain View · Rogers Park · Russian Jack Park · Tudor Area · University Area

Market Analysis

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

The ANCHORAGE, AK real estate market (99508) currently shows 42 active listings, with 22 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 49 days on market compared to 80 days last year.

The median listing price has risen 17.8% year-over-year, from $229,750 to $270,600.

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: 38,142  ·  Density: 2,061.2/mi²  ·  Median household income: $70,823

Typical home value: $293,068  ·  Homeownership: 53.9%

Market Overview

Active Listings
42
⇩ 16% vs 50 last year
Pending
22
52% pending ratio
Median Price
$270,600
⇧ 17.8% vs $229,750 last year
Average Price
$312,268
⇧ 6.7% vs $292,582 last year
Days on Market
49
⇩ 38.8% vs 80 days last year

Price Per Square Foot

Median $/sqft
$229
⇧ 25.1% vs $183/sqft last year
Median Home Size
1,426 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 50 last year
  • Days on market: 49 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $270,600 (+17.8% YoY)
  • Average: $312,268 (+6.7% 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 68.6 miles — 499 listings ($284,991,437 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99508Anchorage, AK 995080.0 mi40$12,028,800$244,500$300,720
99518Anchorage, AK 995183.7 mi15$4,636,335$274,500$309,089
99504Anchorage, AK 995045.8 mi74$27,774,272$405,000$375,328
99502Anchorage, AK 995026.3 mi47$32,544,539$599,900$692,437
99516Anchorage, AK 995169.5 mi63$64,139,418$899,000$1,018,086
99577Eagle River, AK 9957717.4 mi60$36,302,580$524,500$605,043
99652Big Lake, AK 9965223.0 mi16$11,233,808$494,000$702,113
99694Houston, AK 9969428.8 mi5$1,717,375$357,000$343,475
99567Chugiak, AK 9956731.7 mi15$8,187,870$557,450$545,858
99645Palmer, AK 9964541.0 mi102$58,525,866$499,000$573,783
99688Willow, AK 9968848.5 mi44$18,944,904$299,000$430,566
99672Sterling, AK 9967255.7 mi14$7,476,770$480,950$534,055
99568Clam Gulch, AK 9956868.6 mi4$1,478,900$399,500$369,725

Frequently Asked Questions

How many homes are for sale in ANCHORAGE, AK 99508?

As of February 2026, there are 42 active listings in ANCHORAGE, AK (zip code 99508), compared to 50 the prior year.

What is the median home price in ANCHORAGE, AK 99508?

The median listing price in ANCHORAGE, AK 99508 is $270,600 as of February 2026, a 17.8% increase from $229,750 the prior year.

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

Homes in ANCHORAGE, AK 99508 spend an average of 49 days on the market before going under contract, compared to 80 days the prior year.

Is it a seller's or buyer's market in ANCHORAGE, AK 99508?

Based on current inventory and days-on-market data as of February 2026, ANCHORAGE, AK 99508 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 49 days on market compared to 80 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 99508 save an estimated $5,412 compared to a typical 5% commission on the median listing price of $270,600. 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.