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 $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.
#9. Willow, AK
- Typical home value: $229,336
- 1-year price change: -3.1%
- 5-year price change: +21.1%
#8. Talkeetna, AK
- Typical home value: $244,521
- 1-year price change: -2.5%
- 5-year price change: +34.3%
#7. Sutton, AK
- Typical home value: $260,093
- 1-year price change: +0.6%
- 5-year price change: +30.8%
#6. Meadow Lakes, AK
- Typical home value: $341,010
- 1-year price change: +2.4%
- 5-year price change: +30.3%
#5. Anchorage, AK
- Typical home value: $372,508
- 1-year price change: +1.5%
- 5-year price change: +15.4%
#4. Wasilla, AK
- Typical home value: $383,537
- 1-year price change: +2.2%
- 5-year price change: +29.2%
#3. Palmer, AK
- Typical home value: $392,737
- 1-year price change: +2.8%
- 5-year price change: +30.6%
#2. Eagle River, AK
- Typical home value: $449,558
- 1-year price change: +2.3%
- 5-year price change: +14.2%
#1. Chugiak, AK
- Typical home value: $469,677
- 1-year price change: +2.6%
- 5-year price change: +16.7%