Is Anchorage, AK 99501 a buyer’s or seller’s market?
Anchorage is a seller’s market. With about 2.8 months of supply and 30% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 67% of U.S. ZIP codes, and #18 of 31 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Anchorage housing market right now
In the three months ending August 31, 2026, 30% of homes in Anchorage, AK 99501 sold above their list price, the typical home went under contract in 11 days and there were 2.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 59 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 25%, homes sold faster (21 days then) and the median sale price rose 26% to $429,314. Overall, Anchorage is more competitive than a year ago, so tougher for buyers.
Within Anchorage Municipality, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Anchorage ranks #18 of 31 AK ZIP codes with enough sales (score 64 out of 100).
Nearby, Anchorage 99517 (56% sold over asking) and Anchorage 99507 (54% sold over asking) are even more competitive.
Run the numbers for 99501
Nearby markets
Anchorage 99502Seller’s market $273 /sq ftAnchorage 99504Seller’s market $233 /sq ftAnchorage 99507Seller’s market $266 /sq ftAnchorage 99508Seller’s market $224 /sq ft Browse all markets →Towns like Anchorage nearby
Find towns like Anchorage in other states →Where Anchorage is
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Questions about Anchorage real estate
Is Anchorage a buyer’s or seller’s market?
A seller’s market: there were 2.8 months of supply in Anchorage, AK 99501 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Anchorage?
The typical home went under contract in 11 days in the latest three months.
Do homes in Anchorage sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 98.4% of the list price.
What are property taxes in Anchorage?
About 1.26% of a home’s value a year in Anchorage Municipality, or roughly $5,040 on a $400,000 home.
What is the median home price in Anchorage?
The median sale price was $429,314 in the three months ending August 31, 2026, about $265 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology