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Area data

Anchorage, AK — ZIP 99516

Population: 21,500 (Census ACS)

Home values & appreciation

Median home value
$698,135
1-year appreciation
+5.2%
3-year appreciation
+11.8%
5-year appreciation
+25.8%
10-year appreciation
+38.0%
All-time peak (2026-07)
$698,135
House Price Index
383.3 (+3.0% YoY)

Market activity

Median sale price
$701,900
Median list price
$745,000
Median days on market
13 days
Sale-to-list ratio
100.7%
Active listings
41
1-year forecast
+1.4%
Days to pending
15 days
New listings (monthly)
41

Rents

Typical rent
$3,800/mo
1BR fair-market rent
$1,190/mo
3BR fair-market rent
$2,029/mo

Affordability

Cost of living index (Above Average)
105.5 (100 = US avg)
Electricity rate (state-level)
26.1¢/kWh
Natural gas rate (state-level)
$13.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
7
Elementary schools
5
Middle schools
1
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
avalanche, winterWeather, earthquake, landslide
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
37.0°F
Average high
44.0°F
Average low
29.0°F
Annual precipitation
23.3 in

Air quality

Air quality rating
Good
Median AQI (annual)
21
Days with Good air quality
319

Walkability & transit

Walkability index
5.7 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
1
Nearest national park
Alaska Public Lands (11 mi)
Nearest airport
Sky Harbor Airport (5 mi)
Nearest major airport
Merrill Field (MRI) (10 mi)
Hospitals nearby (~15 mi)
5
Avg hospital rating
2.7 / 5
EV charging stations (within 10 mi)
9

Migration

Net migration
-1,230 tax filers

Housing stock

Median year housing built
1,987
Median annual property tax
$7,153
Mean commute to work
18 min
Households with broadband internet
81.9%

Employment & development

Total county employment
118,987
Average weekly wage
$1,334
Top industries (by employment)
Health Care, Accommodation & Food, Professional Services
Annual residential building permits (county)
161

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents