Bear Valley · Glen Alps · Hillside East · Mid Hillside · O'Malley (Huffman) · Rabbit Creek · Turnagain Arm
Data as of February 2026. Source: Realtor.com.
The ANCHORAGE, AK real estate market (99516) currently shows 60 active listings, with 34 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
The median listing price has fallen 10.3% year-over-year, from $1,013,499 to $909,450.
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.
Population: 21,788 · Density: 191.6/mi² · Median household income: $151,291
Typical home value: $541,426 · Homeownership: 88.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 99516 | Anchorage, AK 99516 | 0.0 mi | 63 | $64,139,418 | $899,000 | $1,018,086 |
| 99515 | Anchorage, AK 99515 | 6.5 mi | 31 | $16,343,820 | $500,000 | $527,220 |
| 99504 | Anchorage, AK 99504 | 8.6 mi | 74 | $27,774,272 | $405,000 | $375,328 |
| 99517 | Anchorage, AK 99517 | 10.9 mi | 23 | $9,742,961 | $369,750 | $423,607 |
| 99501 | Anchorage, AK 99501 | 11.2 mi | 38 | $18,651,008 | $449,000 | $490,816 |
| 99577 | Eagle River, AK 99577 | 16.1 mi | 60 | $36,302,580 | $524,500 | $605,043 |
| 99623 | Wasilla, AK 99623 | 25.5 mi | 122 | $61,488,732 | $419,950 | $504,006 |
| 99587 | Girdwood, AK 99587 | 31.4 mi | 16 | $16,128,720 | $864,500 | $1,008,045 |
| 99694 | Houston, AK 99694 | 37.9 mi | 5 | $1,717,375 | $357,000 | $343,475 |
| 99572 | Cooper Landing, AK 99572 | 41.6 mi | 3 | $3,547,500 | $1,182,500 | $1,182,500 |
| 99645 | Palmer, AK 99645 | 45.6 mi | 102 | $58,525,866 | $499,000 | $573,783 |
| 99688 | Willow, AK 99688 | 57.8 mi | 44 | $18,944,904 | $299,000 | $430,566 |
| 99664 | Seward, AK 99664 | 65.2 mi | 12 | $6,138,852 | $449,000 | $511,571 |
As of February 2026, there are 60 active listings in ANCHORAGE, AK (zip code 99516), compared to 62 the prior year.
The median listing price in ANCHORAGE, AK 99516 is $909,450 as of February 2026, a 10.3% decrease from $1,013,499 the prior year.
Homes in ANCHORAGE, AK 99516 spend an average of 52 days on the market before going under contract, compared to 52 days the prior year.
Based on current inventory and days-on-market data as of February 2026, ANCHORAGE, AK 99516 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.
With SELL123.com's maximum 3% commission, sellers in ANCHORAGE, AK 99516 save an estimated $18,189 compared to a typical 5% commission on the median listing price of $909,450. 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.