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Home appreciation in Anchorage, AK

Over the five years ending 2025, home prices in Anchorage, AK grew an average of 7.0% a year.

Price growth at a glance

1-year

+5.0%

2025 over 2024. Alaska: +4.6%.

5-year, per year

+7.0%

Average annual growth, 2020 to 2025. Alaska: +7.0%.

10-year, per year

+4.3%

+51.8% in total since 2015. Alaska: +4.5%.

How does your home compare?

Anchorage, AK home prices rose 51.8% over the ten years to 2025, while its ZIP codes ranged from +32.7% to +78.0%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Anchorage, AK compares with Alaska

The metro and its state moved almost together over that window. For five-year price growth, Anchorage, AK ranks 343rd out of 409 metros nationwide and 1st out of 2 in Alaska.

Index, 2005 = 100

Anchorage, AK and Alaska, quarterly house price index rebased to 100 in 2005.
YearAnchorage, AKAlaska
2005 Q1100100
2005 Q2104104
2005 Q3108108
2005 Q4111111
2006 Q1113113
2006 Q2116115
2006 Q3118117
2006 Q4118118
2007 Q1120120
2007 Q2121121
2007 Q3120121
2007 Q4120120
2008 Q1120120
2008 Q2120120
2008 Q3119119
2008 Q4120120
2009 Q1120120
2009 Q2119119
2009 Q3119119
2009 Q4119119
2010 Q1118118
2010 Q2118119
2010 Q3119119
2010 Q4120120
2011 Q1119119
2011 Q2118119
2011 Q3120120
2011 Q4120120
2012 Q1119120
2012 Q2118119
2012 Q3119120
2012 Q4120122
2013 Q1122123
2013 Q2122123
2013 Q3123124
2013 Q4125125
2014 Q1125124
2014 Q2127126
2014 Q3128128
2014 Q4127127
2015 Q1128129
2015 Q2130130
2015 Q3132131
2015 Q4132132
2016 Q1132132
2016 Q2133133
2016 Q3133134
2016 Q4133133
2017 Q1132133
2017 Q2133134
2017 Q3134135
2017 Q4135136
2018 Q1132136
2018 Q2133136
2018 Q3134136
2018 Q4134136
2019 Q1135138
2019 Q2137139
2019 Q3138140
2019 Q4137140
2020 Q1139142
2020 Q2140143
2020 Q3142145
2020 Q4143146
2021 Q1145148
2021 Q2150153
2021 Q3156160
2021 Q4158162
2022 Q1163166
2022 Q2171176
2022 Q3171178
2022 Q4172176
2023 Q1176180
2023 Q2179184
2023 Q3180189
2023 Q4180184
2024 Q1183189
2024 Q2190193
2024 Q3193196
2024 Q4189194
2025 Q1191196
2025 Q2199202
2025 Q3200203
2025 Q4203206
2026 Q1205210
2026 Q2208210

Chart through 2026 Q2. Annual growth figures through 2025.

Growth was stronger over the last five years than over the full decade: +4.3% a year over ten years, +51.8% in total.

Over this history, home prices never fell more than 1.2% from a prior peak.

The strongest year was 2022 at +11.1%, and the weakest was 2008 at -0.5%.

In 2025 alone the index moved +5.0%, against +4.6% for the state.

ZIP codes in Anchorage, AK

Over the ten years to 2025, the 12 ZIP codes FHFA measures in this metro ranged from +32.7% in 99567 to +78.0% in 99645, while the metro as a whole rose 51.8%.

Fastest-rising ZIP codes

10-year change

  1. 99645+78.0%
  2. 99654+68.5%
  3. 99577+46.5%
  4. 99507+44.0%
  5. 99502+42.1%

Slowest-rising ZIP codes

10-year change

  1. 99567+32.7%
  2. 99508+36.8%
  3. 99517+37.2%
  4. 99516+39.9%
  5. 99504+40.3%
ZIP codes in Anchorage, AK ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
99645+7.9%+9.3%+5.9%+78.0%
99654+3.8%+8.2%+5.4%+68.5%
99577+7.5%+6.7%+3.9%+46.5%
99507+5.7%+6.5%+3.7%+44.0%
99502+4.3%+5.7%+3.6%+42.1%
99518+8.4%+5.9%+3.6%+42.1%
99515+3.6%+5.9%+3.5%+41.0%
99504+3.5%+5.8%+3.4%+40.3%
99516+2.5%+6.1%+3.4%+39.9%
99517-3.6%+5.3%+3.2%+37.2%
99508+3.2%+5.4%+3.2%+36.8%
99567+0.7%+4.0%+2.9%+32.7%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Anchorage, AK and Alaska, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006110.2+10.2%109.8
2007113.8+3.2%114.1
2008113.2-0.5%113.7
2009112.9-0.3%113.1
2010112.4-0.4%112.6
2011112.7+0.3%113.4
2012112.80.0%114.0
2013116.5+3.3%117.3
2014120.0+3.0%119.8
2015123.6+3.0%123.6
2016125.6+1.7%126.0
2017126.4+0.6%127.6
2018126.30.0%129.0
2019129.5+2.5%132.0
2020133.6+3.2%136.4
2021144.3+8.1%147.5
2022160.4+11.1%165.0
2023169.2+5.5%174.7
2024178.6+5.5%183.1
2025187.5+5.0%191.4

The 2 measured metros in Alaska

Measured metros in Alaska ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Anchorage, AK+5.0%+7.0%+4.3%
2Fairbanks-College, AK+6.5%+6.8%+4.7%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Alaska row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2