Market Report | September 2026
Anchorage Housing Market Report
What is really happening in the Anchorage market, in plain English. Updated monthly with Alaska MLS data for the Municipality of Anchorage, which includes Eagle River, Chugiak and Girdwood.
The Takeaway
More choice for buyers, but still a seller's market
September 2026 brought 218 home sales across the Municipality of Anchorage, slightly below the 227 sales of September 2025. At the same time, active inventory climbed to 419 listings, the highest September level since 2021 and up 11 percent from last year.
Even with that increase, Anchorage has only about 1.9 months of supply. A balanced market is often described as roughly five to six months, so sellers still hold the advantage. The difference is that buyers now have more options, which means homes that are priced right and presented well sell quickly, while overpriced listings sit.
For perspective, inventory is still less than half of where it was in September 2018, when Anchorage had 978 active listings. The long term shortage of homes for sale continues to support prices.
By the Numbers
Monthly sales and inventory, 2026 vs 2025
| Month | Sold 2026 | Sold 2025 | Active 2026 | Active 2025 | Months of supply 2026 |
|---|---|---|---|---|---|
| Jan | 120 | 120 | 166 | 217 | 1.4 |
| Feb | 114 | 96 | 161 | 188 | 1.4 |
| Mar | 124 | 151 | 150 | 198 | 1.2 |
| Apr | 148 | 154 | 199 | 223 | 1.3 |
| May | 185 | 229 | 247 | 264 | 1.3 |
| Jun | 280 | 207 | 285 | 343 | 1.0 |
| Jul | 260 | 239 | 331 | 365 | 1.3 |
| Aug | 245 | 274 | 416 | 387 | 1.7 |
| Sep | 218 | 227 | 419 | 377 | 1.9 |
| Year to date | 1,694 | 1,697 |
Source: Alaska MLS data for the Anchorage Municipality, compiled by Real Broker, LLC, as of September 30, 2026. Months of supply equals active listings divided by monthly sales.
Price Check
What homes are selling for
Over the last 30 days, homes in the city of Anchorage sold at a median price of $410,000 and spent an average of 71 days on market. Eagle River's median was $479,500, Chugiak's was $547,450, and Girdwood's was $843,750.
Source: Alaska MLS data via the LorrieSewardRealty.com market snapshot, September 5 to October 5, 2026.
What It Means For You
Advice for buyers and sellers right now
Sellers: Price to the market from day one. With more competition, the first two weeks matter most, and strong presentation is no longer optional.
Buyers: You have more choice than at any point in the last few years. Get pre approved, and do not be afraid to negotiate on homes that have been sitting.
Move up buyers: Rising inventory can make it easier to find your next home while selling your current one. Timing both sides is where a plan pays off.
Investors: Steady sales and low supply continue to support values. Focus on condition and location.
FAQ
Anchorage market questions, answered
Is Anchorage a buyer's or seller's market right now?
It is still a seller's market. In September 2026, Anchorage had about 1.9 months of supply, well below the five to six months that usually signals a balanced market. Inventory is rising, though, so buyers have more choice than last year.
How many homes sold in Anchorage in September 2026?
218 homes sold across the Municipality of Anchorage in September 2026, compared with 227 in September 2025.
What is the median home price in Anchorage?
Over the last 30 days, the median sale price in the city of Anchorage was $410,000, based on Alaska MLS data from September 5 to October 5, 2026.
Are home prices in Anchorage going down?
Inventory is rising, which gives buyers more negotiating room on some homes, but low overall supply continues to support prices. Results vary a lot by neighborhood, so ask me about your area.
How often is this report updated?
Every month, with the latest Alaska MLS data.
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Call or text 907.632.3661 | LorrieSewardRealty.com