There are currently 68,190 real estate properties in Anchorage, AK, with a median automated valuation model (AVM) price of $363,900.00. 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 $386,391.00, with the most expensive house in Anchorage, AK, topping out at $8,579,200.00 and the cheapest home in Anchorage, AK, clocking in at $64,000.00. In other words, there’s something for every potential homebuyer or savvy investor 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 $1,931.00. Indeed, when looking to rent in Anchorage, AK, you can expect to pay as little as $730.00 or as much as $5,200.00, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Anchorage, AK area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Anchorage, AK and much more. Save thousands at closing with home foreclosure listings in Anchorage, AK — up to 75% off market value!
Anchorage is located in Anchorage, Alaska, with an estimated municipal population of 288,000 residents. All of the best foreclosed homes for sale in Anchorage are located in the following zip code areas on Foreclosure.com: 99518 99515 99517 99516 99513 99540 99567 99587 99508 99506 99507 99504 99505 99502 99503 99501 99577 99509 99511 99514 99520 99521 99522 99523 99524 99529 99530 99599. The estimated population per square kilometer (.62 miles) in Anchorage is 65.
So, about how much do homes cost in Anchorage? The most recent median value of resident-owned homes in Anchorage is 313,091. An estimated 61.3 percent of households in Anchorage own their homes, with an average family size of 3.27. The median household income in Anchorage is 84,928, with42.2 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Anchorage, the median commute time of resident workers (in minutes) is 18.9. And last, but certainly not least, are you looking for homes to rent in Anchorage? If so, the average rent price paid by renters in Anchorage is 1,320, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Anchorage, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Anchorage is 33.6, split between 51 percent male versus 49 female. The percentage of residents who report being married in Anchorage is 48.4, with an average family size of 3.27.
The percentage of residents who report their race in Anchorage is as follows:
|Black / African American||5.6%|
|American Indian / Alaskan Native||7.9%|
|Native Hawaiian / Other Pacifc Islander||2.4%|
Looking for family-friendly neighborhoods in and/or near Anchorage? Or maybe you are searching for 55+ active adult communities in and/or near Anchorage?
The percentage of residents who report their age in Anchorage is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Anchorage with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Anchorage.
How do you know that living in -- or moving to -- Anchorage is right where you need to be? Perhaps you grew up in Anchorage or already live nearby; therefore, the decision to buy a home in Anchorage is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Anchorage for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Anchorage:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Anchorage.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Anchorage can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Anchorage, meanwhile, can field multiple offers from more qualified buyers.