Cities with the most expensive homes in the Anchorage metro area

Written by:
April 22, 2025
Arina P Habich // 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 $365,887 in April, 0.7% higher than the year before.

High mortgage rates are also making monthly payments more expensive; as of May 15, the 30-year fixed mortgage rate sits at 6.81%.

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: $237,667
- 1-year price change: +0.7%
- 5-year price change: +12.2%

2 / 9
Stacker

#8. Talkeetna, AK

- Typical home value: $251,879
- 1-year price change: +0.3%
- 5-year price change: +24.2%

3 / 9
Stacker

#7. Sutton, AK

- Typical home value: $266,491
- 1-year price change: +4.1%
- 5-year price change: +27.5%

4 / 9
Stacker

#6. Meadow Lakes, AK

- Typical home value: $363,373
- 1-year price change: +2.5%
- 5-year price change: +30.9%

5 / 9
Stacker

#5. Anchorage, AK

- Typical home value: $395,421
- 1-year price change: +3.0%
- 5-year price change: +15.6%

6 / 9
Stacker

#4. Wasilla, AK

- Typical home value: $400,144
- 1-year price change: +3.7%
- 5-year price change: +30.8%

7 / 9
Stacker

#3. Palmer, AK

- Typical home value: $402,330
- 1-year price change: +2.9%
- 5-year price change: +30.5%

8 / 9
Stacker

#2. Eagle River, AK

- Typical home value: $466,502
- 1-year price change: +3.4%
- 5-year price change: +14.7%

9 / 9
Stacker

#1. Chugiak, AK

- Typical home value: $492,327
- 1-year price change: +5.5%
- 5-year price change: +19.3%

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