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, plays a huge role for buyers.
The typical home value in the United States was $372,057 in June, 1.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 16, the sits at 6.55%.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.
compiled a list of cities with the most expensive homes in the Anchorage metro area using data from . Charts show the monthly typical home value since January 2018. All 8 cities and towns with data available were included in the list.
#8. Willow, AK
- Typical home value: $257,645
- 1-year price change: -0.6%
- 5-year price change: +2.6%
#7. Talkeetna, AK
- Typical home value: $268,254
- 1-year price change: +4.8%
- 5-year price change: +13.3%
#6. Sutton, AK
- Typical home value: $275,681
- 1-year price change: -1.5%
- 5-year price change: +11.0%
#5. Anchorage, AK
- Typical home value: $424,577
- 1-year price change: +4.6%
- 5-year price change: +21.4%
#4. Wasilla, AK
- Typical home value: $424,843
- 1-year price change: +8.0%
- 5-year price change: +28.8%
#3. Palmer, AK
- Typical home value: $440,883
- 1-year price change: +11.2%
- 5-year price change: +31.0%
#2. Eagle River, AK
- Typical home value: $492,205
- 1-year price change: +3.7%
- 5-year price change: +19.7%
#1. Chugiak, AK
- Typical home value: $516,816
- 1-year price change: +3.1%
- 5-year price change: +20.6%