Cities with the fastest-growing home prices in Alaska

Written by:
November 21, 2024
Konstantin L // Shutterstock

Cities with the fastest-growing home prices in Alaska

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

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

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the fastest-growing home prices in Alaska using data from Zillow. Cities are ranked by the dollar change in the Zillow Home Values Index for all homes from the 12 months ending October 2024. The charts in this story were created automatically using Matplotlib. Data was available for 40 cities and towns in Alaska.

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#40. Sitka

- Typical home value: $484,891
- 1-year price change: -23,043.86627501686 (-4.5%)
- 5-year price change: -18,231.546798600117 (-3.6%)
- Metro area: not in a metro area

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#39. Saxman

- Typical home value: $282,642
- 1-year price change: -12,417.297006330919 (-4.2%)
- 5-year price change: +$34,703 (+14.0%)
- Metro area: Ketchikan, AK

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#38. Willow

- Typical home value: $229,336
- 1-year price change: -7,408.111692106468 (-3.1%)
- 5-year price change: +$39,891 (+21.1%)
- Metro area: Anchorage, AK

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#37. Talkeetna

- Typical home value: $244,521
- 1-year price change: -6,272.366834050044 (-2.5%)
- 5-year price change: +$62,435 (+34.3%)
- Metro area: Anchorage, AK

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#36. Clam Gulch

- Typical home value: $256,567
- 1-year price change: -6,188.468789226114 (-2.4%)
- 5-year price change: +$37,932 (+17.3%)
- Metro area: not in a metro area

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#35. Petersburg

- Typical home value: $313,731
- 1-year price change: -4,481.7106774605345 (-1.4%)
- 5-year price change: -1,640.2489381629275 (-0.5%)
- Metro area: not in a metro area

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#34. Salcha

- Typical home value: $212,576
- 1-year price change: -3,957.7822158641065 (-1.8%)
- 5-year price change: +$17,102 (+8.7%)
- Metro area: Fairbanks, AK

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#33. Fox River

- Typical home value: $247,891
- 1-year price change: -3,674.7791169021802 (-1.5%)
- 5-year price change: +$43,553 (+21.3%)
- Metro area: not in a metro area

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#32. Ninilchik

- Typical home value: $198,881
- 1-year price change: -2,772.4875357187702 (-1.4%)
- 5-year price change: +$29,152 (+17.2%)
- Metro area: not in a metro area

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#31. Kasilof

- Typical home value: $288,051
- 1-year price change: -829.4215750861331 (-0.3%)
- 5-year price change: +$51,969 (+22.0%)
- Metro area: not in a metro area

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#30. Barrow

- Typical home value: $282,541
- 1-year price change: -188.56047546089394 (-0.1%)
- 5-year price change: +$49,081 (+21.0%)
- Metro area: not in a metro area

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#29. Seldovia

- Typical home value: $246,898
- 1-year price change: +$352 (+0.1%)
- 5-year price change: +$41,646 (+20.3%)
- Metro area: not in a metro area

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#28. Kenai

- Typical home value: $305,340
- 1-year price change: +$898 (+0.3%)
- 5-year price change: +$51,118 (+20.1%)
- Metro area: not in a metro area

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#27. Kodiak

- Typical home value: $440,009
- 1-year price change: +$971 (+0.2%)
- 5-year price change: +$48,850 (+12.5%)
- Metro area: not in a metro area

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#26. Sutton

- Typical home value: $260,093
- 1-year price change: +$1,584 (+0.6%)
- 5-year price change: +$61,241 (+30.8%)
- Metro area: Anchorage, AK

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#25. Haines

- Typical home value: $296,947
- 1-year price change: +$1,716 (+0.6%)
- 5-year price change: data not available
- Metro area: not in a metro area

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#24. Ketchikan

- Typical home value: $388,997
- 1-year price change: +$1,898 (+0.5%)
- 5-year price change: +$62,531 (+19.2%)
- Metro area: Ketchikan, AK

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#23. Anchor Point

- Typical home value: $249,827
- 1-year price change: +$2,506 (+1.0%)
- 5-year price change: +$38,178 (+18.0%)
- Metro area: not in a metro area

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#22. Moose Pass

- Typical home value: $282,718
- 1-year price change: +$3,970 (+1.4%)
- 5-year price change: +$52,270 (+22.7%)
- Metro area: not in a metro area

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#21. Hope

- Typical home value: $260,735
- 1-year price change: +$5,160 (+2.0%)
- 5-year price change: +$55,193 (+26.9%)
- Metro area: not in a metro area

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#20. Anchorage

- Typical home value: $372,508
- 1-year price change: +$5,580 (+1.5%)
- 5-year price change: +$49,728 (+15.4%)
- Metro area: Anchorage, AK

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#19. Fairbanks

- Typical home value: $292,705
- 1-year price change: +$5,809 (+2.0%)
- 5-year price change: +$28,965 (+11.0%)
- Metro area: Fairbanks, AK

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#18. North Pole

- Typical home value: $313,263
- 1-year price change: +$7,149 (+2.3%)
- 5-year price change: +$34,260 (+12.3%)
- Metro area: Fairbanks, AK

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#17. Soldotna

- Typical home value: $335,795
- 1-year price change: +$7,516 (+2.3%)
- 5-year price change: +$60,189 (+21.8%)
- Metro area: not in a metro area

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#16. Meadow Lakes

- Typical home value: $341,010
- 1-year price change: +$7,917 (+2.4%)
- 5-year price change: +$79,238 (+30.3%)
- Metro area: Anchorage, AK

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#15. Wasilla

- Typical home value: $383,537
- 1-year price change: +$8,236 (+2.2%)
- 5-year price change: +$86,669 (+29.2%)
- Metro area: Anchorage, AK

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#14. Eagle River

- Typical home value: $449,558
- 1-year price change: +$10,071 (+2.3%)
- 5-year price change: +$55,911 (+14.2%)
- Metro area: Anchorage, AK

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#13. Homer

- Typical home value: $378,360
- 1-year price change: +$10,553 (+2.9%)
- 5-year price change: +$79,629 (+26.7%)
- Metro area: not in a metro area

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#12. Delta Junction

- Typical home value: $343,750
- 1-year price change: +$10,856 (+3.3%)
- 5-year price change: +$88,906 (+34.9%)
- Metro area: not in a metro area

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#11. Palmer

- Typical home value: $392,737
- 1-year price change: +$10,878 (+2.8%)
- 5-year price change: +$92,076 (+30.6%)
- Metro area: Anchorage, AK

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#10. Sterling

- Typical home value: $346,736
- 1-year price change: +$11,504 (+3.4%)
- 5-year price change: +$70,146 (+25.4%)
- Metro area: not in a metro area

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#9. Diamond Ridge

- Typical home value: $344,047
- 1-year price change: +$11,715 (+3.5%)
- 5-year price change: +$71,279 (+26.1%)
- Metro area: not in a metro area

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#8. Chugiak

- Typical home value: $469,677
- 1-year price change: +$11,739 (+2.6%)
- 5-year price change: +$67,364 (+16.7%)
- Metro area: Anchorage, AK

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#7. Juneau

- Typical home value: $478,601
- 1-year price change: +$12,265 (+2.6%)
- 5-year price change: +$80,897 (+20.3%)
- Metro area: Juneau, AK

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#6. Valdez

- Typical home value: $317,445
- 1-year price change: +$13,719 (+4.5%)
- 5-year price change: data not available
- Metro area: not in a metro area

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#5. Kachemak City

- Typical home value: $455,348
- 1-year price change: +$16,191 (+3.7%)
- 5-year price change: +$100,380 (+28.3%)
- Metro area: not in a metro area

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#4. Seward

- Typical home value: $357,940
- 1-year price change: +$17,585 (+5.2%)
- 5-year price change: +$89,927 (+33.6%)
- Metro area: not in a metro area

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#3. Cordova

- Typical home value: $378,032
- 1-year price change: +$19,466 (+5.4%)
- 5-year price change: data not available
- Metro area: not in a metro area

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#2. Wrangell

- Typical home value: $287,272
- 1-year price change: +$20,991 (+7.9%)
- 5-year price change: +$40,192 (+16.3%)
- Metro area: not in a metro area

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#1. Cooper Landing

- Typical home value: $491,921
- 1-year price change: +$45,015 (+10.1%)
- 5-year price change: +$114,578 (+30.4%)
- Metro area: not in a metro area

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