Market report · AK

Anchorage, AK

Balanced's market

Anchorage's market is in transition: +4.0% YoY, median DOM 5 days. Selective deals only.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$414k
Typical home value
↑9.4%
+4.0%
YoY change
$1,698
Median rent
↑12.3%
4.92%
Gross yield
5
Median DOM
45/100
MDR score
Detail Value Detail Value
Median list price $410,650 Median sale price $400,000
Sale-to-list ratio 1.000 % sold below list +39.6%
Active inventory 344 New listings 194
Trends · 36-month series

How Anchorage has moved.

Typical home value $378k → $414k · ↑9.4% (36mo)
$378k $390k $402k $414k May 23Nov 24Apr 26
Median rent (ZORI) $2k → $2k · ↑12.3% (36mo)
$2k $2k $2k $2k May 23Nov 24Apr 26
Median days on market 16d → 5d · ↓68.1% (36mo)
5d 9d 12d 16d Feb 26Mar 26Apr 26
Sale-to-list ratio 1.000 → 1.000 · ↑0.0% (36mo)
1.000 1.333 1.667 2.000 Jan 26Feb 26Mar 26

Anchorage sits at a median home value of $414,014 as of the latest Zillow read, up 4.0% year-over-year — still in appreciation mode, which favors flippers willing to compete on speed.

The sale-to-list ratio of 1.000 signals a balanced market — neither bid wars nor fire sales dominate. 39.6% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.

Rents are workable but not generous. ZORI of $1,698/mo against a $414k median gives a 4.92% gross yield — average for the metro tier, requiring tight underwriting on any hold.

Median days-on-market is running around 5 days against 344.333 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.

MDR’s composite investor score for Anchorage is 45/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Lower tier this quarter. Watch list, not deploy list — re-evaluate next read.

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FAQ

Anchorage for investors.

Is Anchorage a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Anchorage is 45/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Anchorage is a lower-tier market right now. Watch list, not deploy list, until the numbers shift.

What is the median home price in Anchorage?

The typical home value in Anchorage as of the most recent Zillow read is $414,014. Median list price is $410,650 and median sale price is $400,000. Year-over-year change: +4.0%.

What can a landlord expect to rent a property for in Anchorage?

Zillow's Observed Rent Index for Anchorage is $1,698/mo. Against the typical home value of $414k, that produces a gross annual rent yield of 4.92% — right at the national baseline, requiring tight underwriting on holds.

Is Anchorage a buyer's or seller's market?

Anchorage's current sale-to-list ratio is 1.000 with 39.6% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 5 days. Active inventory: 344 listings.

Which investment strategy works best in Anchorage?

Anchorage's data favors flipping — appreciation tailwind with fast exits, though competition is real. See the per-strategy breakdowns at /wholesaling/anchorage, /brrrr/anchorage, and /flipping/anchorage.

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