Anchorage, AK Foreclosures
How much do homes sell for in Anchorage, AK?
The average home price is currently $485,891.
What’s the average rental cost in Anchorage, AK?
The average rental price in Anchorage is $1,902.
What is the most expensive home in Anchorage?
The most expensive home sold in Anchorage had a price of $27,451,000.
What is currently the cheapest priced home in Anchorage, AK?
The cheapest home for sale in Anchorage is priced at $31,474.
Living in Anchorage, AK
Anchorage, AK, is a bustling city surrounded by stunning natural beauty with a mix of urban amenities and outdoor adventures. Residents can enjoy hiking in the nearby mountains, partake in cultural activities, and explore local wildlife. It is an excellent place for families with strong educational institutions and a vibrant community spirit.
Current Market Conditions in Anchorage, AK
The real estate market in Anchorage has been experiencing a steady increase in demand, driven by a blend of local factors, such as job growth and the allure of outdoor living. The availability of diverse properties, from charming single-family homes to luxurious condos, caters to a range of buyers from first-time homeowners to seasoned investors.
Currently, inventory levels are below average, which is leading to competitive bidding situations on desirable properties. As a result, home prices have appreciated, reflecting the growing interest in the area amidst its picturesque surroundings.
Home Value Estimator For Anchorage, AK
There are currently 71,065 real estate properties
in Anchorage, AK,
with a median automated valuation model (AVM) price
of $431,130.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Anchorage, AK, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Anchorage, AK,
is $485,891.00, with the most expensive house
in Anchorage, AK, topping out
at $27,451,000.00 and the cheapest home
in Anchorage, AK,
clocking in at $31,474.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Anchorage, AK!
Rent Prices
In Anchorage, AK
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Anchorage, AK, is on
a rollercoaster ride. The
average rent price in Anchorage, AK,
is $1,902.00. Indeed, when looking to rent in
Anchorage, AK, you can expect to pay as little
as $680.00 or as much
as $5,350.00,
with the average rent median estimated to
be $1,910.00. The good news is that finding
an affordable and desirable property to rent in Anchorage, AK
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
