Cities with the most expensive homes in the Anchorage metro area

Written by:
October 27, 2025
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 $364,891 in September, 0.0% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of October 16, the 30-year fixed mortgage rate sits at 6.27%.

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: $237,649
- 1-year price change: +1.1%
- 5-year price change: +4.2%

2 / 9
Stacker

#8. Talkeetna, AK

- Typical home value: $251,779
- 1-year price change: +2.6%
- 5-year price change: +16.6%

3 / 9
Stacker

#7. Sutton, AK

- Typical home value: $269,847
- 1-year price change: +1.0%
- 5-year price change: +18.3%

4 / 9
Stacker

#6. Meadow Lakes, AK

- Typical home value: $375,670
- 1-year price change: +4.5%
- 5-year price change: +32.0%

5 / 9
Stacker

#5. Anchorage, AK

- Typical home value: $400,570
- 1-year price change: +3.7%
- 5-year price change: +19.0%

6 / 9
Stacker

#4. Wasilla, AK

- Typical home value: $406,509
- 1-year price change: +5.0%
- 5-year price change: +32.7%

7 / 9
Stacker

#3. Palmer, AK

- Typical home value: $420,844
- 1-year price change: +5.4%
- 5-year price change: +33.7%

8 / 9
Stacker

#2. Eagle River, AK

- Typical home value: $464,581
- 1-year price change: +2.4%
- 5-year price change: +16.6%

9 / 9
Stacker

#1. Chugiak, AK

- Typical home value: $491,553
- 1-year price change: +3.5%
- 5-year price change: +19.8%

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