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 $359,078 in December, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of January 15, the sits at 6.06%.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 9 cities and towns with data available were included in the list.
#9. Willow, AK
- Typical home value: $245,786
- 1-year price change: -0.1%
- 5-year price change: +3.3%
#8. Talkeetna, AK
- Typical home value: $258,769
- 1-year price change: +3.8%
- 5-year price change: +15.0%
#7. Sutton, AK
- Typical home value: $270,667
- 1-year price change: -0.1%
- 5-year price change: +16.4%
#6. Meadow Lakes, AK
- Typical home value: $378,929
- 1-year price change: +6.9%
- 5-year price change: +29.6%
#5. Anchorage, AK
- Typical home value: $400,298
- 1-year price change: +3.4%
- 5-year price change: +19.9%
#4. Wasilla, AK
- Typical home value: $409,330
- 1-year price change: +6.7%
- 5-year price change: +31.5%
#3. Palmer, AK
- Typical home value: $422,665
- 1-year price change: +8.3%
- 5-year price change: +32.8%
#2. Eagle River, AK
- Typical home value: $461,951
- 1-year price change: +2.0%
- 5-year price change: +17.4%
#1. Chugiak, AK
- Typical home value: $487,821
- 1-year price change: +2.4%
- 5-year price change: +19.9%