Land and home values in Anchorage Municipality, Alaska
Anchorage Municipality (metro core, Anchorage, AK) covers 1,707 square miles and 61 census tracts. Residential land is about $14.90 per sq ft at the county median, from $9.69 in its most rural tracts to $26.20 in its most valuable. The typical home is worth about $426,000 and a 2-bedroom rents for about $1,780 a month, as of October 12, 2026.
Open on the satellite mapAll of AlaskaCounty values
| Land: residential | $14.90 | per sq ft |
| Land: residential | $649,044 | per acre |
| Land: quarter-acre lot | $162,261 | 10,890 sq ft |
| Land: farmland | $8,820 | per acre |
| Home: typical (median) | $426,000 | value |
| Home: entry-level | $332,000 | lower quartile |
| Home: upper-end | $528,000 | upper quartile |
| Build new | $177 | per sq ft, no land |
| Rent: 1-bedroom | $1,380 | per month |
| Rent: 2-bedroom | $1,780 | per month |
| Rent: 3-bedroom | $2,440 | per month |
| Rent: 4-bedroom | $2,960 | per month |
| Gross yield, 2-bed | 5.0% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Top tier | 7 | $16.80 | $708,000 | $1,820 |
| Upper | 15 | $17.30 | $528,000 | $1,940 |
| Mid | 18 | $15.30 | $411,000 | $1,820 |
| Entry | 17 | $13.20 | $341,000 | $1,620 |
| Rural | 4 | $12.10 | $555,000 | $1,620 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Cities and towns
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Safehaven | Subdivision | $33.90 | $615,000 |
| Park Place | Subdivision | $33.50 | $610,000 |
| Inlet Place | Subdivision | $32.90 | $602,000 |
| City View Apartment Homes | Subdivision | $28.30 | $527,000 |
| South Addition | Subdivision | $27.90 | $511,000 |
| Turnagain | Subdivision | $26.50 | $732,000 |
| Government Hill | Subdivision | $25.80 | $498,000 |
| Block 96 | Subdivision | $23.80 | $439,000 |
Questions people ask
How much is land worth in Anchorage Municipality, AK?
Residential land in Anchorage Municipality, AK is about $14.90 per square foot, or $649,044 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $162,261. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Anchorage Municipality, AK?
The typical (median) home in Anchorage Municipality, AK is worth about $426,000, with entry-level homes around $332,000 and upper-end homes around $528,000, as of October 2026.
How much is rent in Anchorage Municipality, AK?
A 2-bedroom rents for about $1,780 a month in Anchorage Municipality, AK, a 1-bedroom about $1,380 and a 3-bedroom about $2,440 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Anchorage Municipality, AK?
Farmland averages about $8,820 an acre in Anchorage Municipality, AK (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.