Cities with the most expensive homes in the Anchorage metro area

Written by:
July 21, 2025
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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 $367,369 in June, 0.2% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of July 17, the 30-year fixed mortgage rate sits at 6.75%.

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: $250,669
- 1-year price change: -1.2%
- 5-year price change: +8.4%

2 / 9
Stacker

#8. Talkeetna, AK

- Typical home value: $261,535
- 1-year price change: -1.3%
- 5-year price change: +20.1%

3 / 9
Stacker

#7. Sutton, AK

- Typical home value: $267,182
- 1-year price change: +2.0%
- 5-year price change: +25.5%

4 / 9
Stacker

#6. Meadow Lakes, AK

- Typical home value: $366,023
- 1-year price change: +1.4%
- 5-year price change: +31.0%

5 / 9
Stacker

#5. Anchorage, AK

- Typical home value: $395,692
- 1-year price change: +3.1%
- 5-year price change: +17.3%

6 / 9
Stacker

#4. Wasilla, AK

- Typical home value: $399,355
- 1-year price change: +2.9%
- 5-year price change: +31.5%

7 / 9
Stacker

#3. Palmer, AK

- Typical home value: $401,389
- 1-year price change: +1.7%
- 5-year price change: +30.7%

8 / 9
Stacker

#2. Eagle River, AK

- Typical home value: $465,237
- 1-year price change: +2.9%
- 5-year price change: +15.9%

9 / 9
Stacker

#1. Chugiak, AK

- Typical home value: $495,001
- 1-year price change: +4.3%
- 5-year price change: +20.3%

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