Cities with the most expensive homes in the Anchorage metro area
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 $355,696 in March, 4.6% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of May 2, the 30-year fixed mortgage rate sits at 7.22%.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.
#9. Willow, AK
- Typical home value: $218,642
- 1-year price change: +0.3%
- 5-year price change: +28.1%
#8. Talkeetna, AK
- Typical home value: $242,588
- 1-year price change: +1.5%
- 5-year price change: +43.8%
#7. Sutton, AK
- Typical home value: $255,836
- 1-year price change: +3.1%
- 5-year price change: +35.5%
#6. Meadow Lakes, AK
- Typical home value: $330,932
- 1-year price change: +3.5%
- 5-year price change: +35.2%
#5. Anchorage, AK
- Typical home value: $366,849
- 1-year price change: +3.2%
- 5-year price change: +17.7%
#4. Wasilla, AK
- Typical home value: $370,336
- 1-year price change: +3.3%
- 5-year price change: +33.2%
#3. Palmer, AK
- Typical home value: $393,973
- 1-year price change: +3.9%
- 5-year price change: +35.0%
#2. Eagle River, AK
- Typical home value: $440,876
- 1-year price change: +3.7%
- 5-year price change: data not available
#1. Chugiak, AK
- Typical home value: $452,516
- 1-year price change: +3.0%
- 5-year price change: data not available
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
