Cities with the most expensive homes in the Anchorage metro area

Written by:
October 22, 2024
FOTOGRIN // Shutterstock

Cities with the most expensive homes in the Anchorage metro area

Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.

The typical home value in the United States was $360,385 in October, 2.4% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of November 14, the 30-year fixed mortgage rate sits at 6.78%.

Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.

Stacker compiled a list of cities with the most expensive homes in the Anchorage metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.

1 / 9
Stacker

#9. Willow, AK

- Typical home value: $229,336
- 1-year price change: -3.1%
- 5-year price change: +21.1%

2 / 9
Stacker

#8. Talkeetna, AK

- Typical home value: $244,521
- 1-year price change: -2.5%
- 5-year price change: +34.3%

3 / 9
Stacker

#7. Sutton, AK

- Typical home value: $260,093
- 1-year price change: +0.6%
- 5-year price change: +30.8%

4 / 9
Stacker

#6. Meadow Lakes, AK

- Typical home value: $341,010
- 1-year price change: +2.4%
- 5-year price change: +30.3%

5 / 9
Stacker

#5. Anchorage, AK

- Typical home value: $372,508
- 1-year price change: +1.5%
- 5-year price change: +15.4%

6 / 9
Stacker

#4. Wasilla, AK

- Typical home value: $383,537
- 1-year price change: +2.2%
- 5-year price change: +29.2%

7 / 9
Stacker

#3. Palmer, AK

- Typical home value: $392,737
- 1-year price change: +2.8%
- 5-year price change: +30.6%

8 / 9
Stacker

#2. Eagle River, AK

- Typical home value: $449,558
- 1-year price change: +2.3%
- 5-year price change: +14.2%

9 / 9
Stacker

#1. Chugiak, AK

- Typical home value: $469,677
- 1-year price change: +2.6%
- 5-year price change: +16.7%

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