Cities with the most expensive homes in the Anchorage metro area

Written by:
July 10, 2024
Konstantin L // 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 $360,310 in May, 3.9% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of July 3, the 30-year fixed mortgage rate sits at 6.95%.

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: $233,691
- 1-year price change: +0.4%
- 5-year price change: +25.2%

2 / 9
Stacker

#8. Talkeetna, AK

- Typical home value: $250,524
- 1-year price change: +0.4%
- 5-year price change: +39.5%

3 / 9
Stacker

#7. Sutton, AK

- Typical home value: $262,983
- 1-year price change: +2.3%
- 5-year price change: +32.2%

4 / 9
Stacker

#6. Meadow Lakes, AK

- Typical home value: $339,893
- 1-year price change: +4.1%
- 5-year price change: +33.1%

5 / 9
Stacker

#5. Anchorage, AK

- Typical home value: $375,242
- 1-year price change: +2.2%
- 5-year price change: +15.8%

6 / 9
Stacker

#4. Wasilla, AK

- Typical home value: $384,026
- 1-year price change: +3.4%
- 5-year price change: +30.7%

7 / 9
Stacker

#3. Palmer, AK

- Typical home value: $393,438
- 1-year price change: +3.7%
- 5-year price change: +32.5%

8 / 9
Stacker

#2. Eagle River, AK

- Typical home value: $452,240
- 1-year price change: +2.8%
- 5-year price change: +15.0%

9 / 9
Stacker

#1. Chugiak, AK

- Typical home value: $468,255
- 1-year price change: +2.3%
- 5-year price change: +17.7%

This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 134 metros.

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