Is Girdwood, AK 99587 a buyer’s or seller’s market?
Girdwood is a seller’s market. With about 3.5 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.
The Girdwood housing market right now
In the three months ending August 31, 2026, 30% of homes in Girdwood, AK 99587 sold above their list price, the typical home went under contract in 14 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 10 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 45%, homes sold more slowly (9 days then) and the median sale price rose 2% to $716,690. Overall, Girdwood is less competitive than a year ago, which gives buyers more room.
Within Anchorage Municipality, homes here sell more slowly than in any other ZIP code in the county, and sell less often over asking than in 91%.
Nearby, Anchorage 99517 (56% sold over asking) and Anchorage 99507 (54% sold over asking) are even more competitive.
Run the numbers for 99587
Nearby markets
Anchorage 99501Seller’s market $265 /sq ftAnchorage 99502Seller’s market $273 /sq ftAnchorage 99504Seller’s market $233 /sq ftAnchorage 99507Seller’s market $266 /sq ft Browse all markets →Towns like Girdwood nearby
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Questions about Girdwood real estate
Is Girdwood a buyer’s or seller’s market?
A seller’s market: there were 3.5 months of supply in Girdwood, AK 99587 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 Girdwood?
The typical home went under contract in 14 days in the latest three months.
Do homes in Girdwood sell over asking?
30% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Girdwood?
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 Girdwood?
The median sale price was $716,690 in the three months ending August 31, 2026, about $575 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