Alaska Housing Market Trends

Real-time market data powered by Zillow Research. Last updated: 2026-03-03

Is Now a Good Time to Buy in Alaska?

The Alaska housing market is showing balanced conditions.

home values have grown a moderate 3.7% year-over-year. there are currently 276 homes on the market.

Median Home Value

$376,253

Zillow Home Value Index

Year-over-Year

+3.7%

Home value change

5-Year Change

+19%

Since 2021

Median Rent

$1,767/mo

Zillow Observed Rent Index

Active Listings

276

Homes for sale

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Home Value Trends

5-year Zillow Home Value Index (ZHVI) for Alaska vs. national average. ZHVI reflects the typical home value in the 35th-65th percentile range.

Rent Trends

Average rent in Alaska: $1,767/mo (+3.2% YoY)

Rent vs. Buy Analysis

With a median home value of $376,253 and average rent of $1,767/mo, the price-to-rent ratio in Alaska is 17.7. A ratio of 15-21 means it could go either way — run the numbers.

Run Full Rent vs. Buy Calculator
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Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.

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