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Anchorage, AK Community Information

Anchorage, AK Homes for Sale

Anchorage Metro and Neighborhood Information

As a recognized four-time All-American city, Anchorage, also known as the Municipality of Anchorage, offers residents endless views of snow-capped mountains, flowers, glaciers and the wildlife, to name a few.

Anchorage, Alaska was first known as a tent city. It was a railroad construction port for the Alaskan Railroad when construction began in 1915. During that year, President Woodrow Wilson authorized the 'Great Anchorage Lot Sale:,' a land auction where the first 600 plots of land were sold.

Since then, the population in this borough has reached 278,241, which is 42 percent of the state of Alaska's population. The appeal is apparent through Anchorage's natural surroundings. Nestled between the Chugach National Forest, the Shores of the Cook Inlet and beneath the Chugach Mountains, Anchorage has spectacular views, many extracurricular activities outdoors, and for those who appreciate the arts, there are five museums with topics ranging from heritage to science to art and history.

Anchorage truly is 'The City of Lights and Flowers,' offering many outdoor activities such as Nordic skiing, snowboarding, dog sledding, (ice) fishing, snowshoeing, climbing, baseball games, festivals and more. The most popular festival is the Fur Rendezvous Festival ('Fur Rondy'). It features dog sled races, blanket tosses, a carnival, and snow sculptures. There is also an international ice carving competition and hosts the start of the Iditarod Sled Dog Race. The Iditarod race covers 1,151 miles for 8-15 days.

Anchorage hosts other athletic events with teams such as the Alaska Aces (ice hockey), Alaska Wild (arena football), and the Anchorage Glacier Pilots and Anchorage Bucs (baseball). Fishing is also a popular sport enjoyed by many residents. You can participate in trophy fishing or catch a 40-60 pound king salmon in Ship Creek right in downtown Anchorage not far from home! To spend a quiet night outdoors during a non-tourist season, the fall, winter and spring offer a fantastic view of the Northern Lights. Mostly seen as the color green, the Aurora Borealis is a natural wonder you and your family can see again and again.

Besides the appeal of the wild outdoors, to buy a house and stay indoors on a snowy day is very affordable. Anchorage businesses and residents both enjoy the lowest state and local taxes in the nation and benefit from Alaska's Permanent Fund –royalties and taxes collected from the oil industry which contribute greatly to local and state funding. In fact, most families receive more income from Alaska's Permanent Fund investments than they pay in state and local taxes, according to Anchorage Real Estate.

With this kind of return on the average house in Anchorage, the dream for an Anchorage home is obtainable. The average sale price of resale and new construction homes in Anchorage over a period of five years has been $243,582. The average of homes sold is 3,278 and the average market time is 48 days.

So start your home search in Anchorage to gain access to more than 259 miles of hiking, biking, skiing, and dog-mushing trails to enjoy today!

Sources:
Anchorage Chamber of Commerce
Anchorage Convention and Visitors Bureau
Municipality of Alaska
TravelAlaska.com
Alaska Multiple Listing Service
Anchorage Real Estate
House Hunt: Price and Volume Changes of Sold Homes

(View All)

Bird Creek (11)

Chugiak (76)

Eagle River (282)

Girdwood (41)

Indian (11)

Anchorage, AK Community Information

Population

240,488

Median Age

32.6

Median Household Income

$74,534

Households with Children

53.70%

Median Travel Time to Work

19 minutes

Anchorage, AK Real Estate Market Information

Homes Owned

60.12%

Homes Rented

36.28%

Homes Vacant

3.60%

Anchorage, AK Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

0:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

See Anchorage apartments for rent

Anchorage, AK School Information

High Schools

S.A.V.E. High School | 410 E 56th Ave
Continuation School | 401 West International Airport
King Career Center | 2650 E Northern Lights Blvd
Steller Secondary School | 2508 Blueberry Rd
Dimond High School | 2909 W 88th Ave
West High School | 1700 Hillcrest Dr

Other Schools

Polaris K-12 School | 6200 Ashwood St
Mclaughlin Secondary School | 2600 Providence Dr
Chugach Extension Correspondence | 9312 Vanguard Dr
Frontier Charter School | 400 W Northern Lights Blvd
Family Partnership Charter School | 401 E Fireweed Ln
Whaley School | 2220 Nichols St

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.