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Median Home Price in Anchorage, AK

The median home value in Anchorage, AK is $425,357 as of 2026-07-31, up 5.08% from a year earlier.

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Median Home Value

$425,357

Year-over-Year

+5.08%

Population

286,958

Anchorage ranks #5 of 8 Alaska cities tracked here by median home value, and sits 0.3% below the state's city median of $426,610. It sits in Anchorage Borough, where the county-wide median is $438,094.

Housing affordability in Anchorage

Median household income in Anchorage is $103,284, so the typical home value is about 4.1× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Anchorage

Anchorage police recorded a violent crime rate of 1,015 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 2,766 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Anchorage

What is the average home price in Anchorage, AK?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Anchorage, that value is $425,357. That's up 5.08% from a year earlier. It is about 0.3% below the typical Alaska city tracked here.

Is Anchorage expensive compared to the surrounding area?

Homes in Anchorage are cheaper than Anchorage Borough as a whole, where the median is $438,094 — a difference of about 2.9%.

Is Anchorage affordable?

Median household income here is $103,284, so the typical home value is about 4.1× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Anchorage a safe place to live?

Anchorage police reported 1,015 violent crimes per 100,000 residents, covering a population of about 286,958. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in AK

Kodiak · Palmer · Homer · Wasilla · Ketchikan · Kenai · Fairbanks