Cities with the most expensive homes in the Anchorage metro area
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 $349,216 in February, 4.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.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.
#9. Willow, AK
- Typical home value: $217,869
- 1-year price change: -0.1%
- 5-year price change: +30.8%
#8. Talkeetna, AK
- Typical home value: $235,084
- 1-year price change: +1.8%
- 5-year price change: +46.8%
#7. Sutton, AK
- Typical home value: $249,305
- 1-year price change: +3.2%
- 5-year price change: +38.9%
#6. Meadow Lakes, AK
- Typical home value: $324,170
- 1-year price change: +2.9%
- 5-year price change: +37.3%
#5. Wasilla, AK
- Typical home value: $360,930
- 1-year price change: +3.2%
- 5-year price change: data not available
#4. Anchorage, AK
- Typical home value: $363,538
- 1-year price change: +3.1%
- 5-year price change: +19.4%
#3. Palmer, AK
- Typical home value: $383,376
- 1-year price change: +3.9%
- 5-year price change: data not available
#2. Eagle River, AK
- Typical home value: $434,407
- 1-year price change: +3.7%
- 5-year price change: data not available
#1. Chugiak, AK
- Typical home value: $447,259
- 1-year price change: +2.7%
- 5-year price change: data not available
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
