Anchorage Midtown, Anchorage, AK—99503
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Anchorage Midtown, Anchorage, AK
As of Oct '25, the median home price in Anchorage Midtown, Anchorage, AK is $317,000, with a year-over-year change of -0.3%. This indicates that home prices in Anchorage Midtown, Anchorage, AK are flat. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $317,000 | -0.3% |
| Single Family | $370,000 | -0.8% |
| Condos | $239,000 | 2.1% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $156,000 | 1.3% |
2 Bed | $242,000 | -0.8% |
3 Bed | $345,000 | -1.1% |
4 Bed | $393,000 | 0.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Anchorage Midtown, Anchorage, AK
As of July '25, Rentcast reports the average rent in Anchorage Midtown, Anchorage, AK is $1,470, with a year-over-year rent change of 2.1%. Per bedroom, the median rent as of July '25 in Anchorage Midtown, Anchorage, AK is studios: $1,160, 1-bedrooms: $1,270, 2-bedrooms: $1,600, 3-bedrooms: $2,200. The most common rental property sizes in Anchorage Midtown, Anchorage, AK are 2-bedroom and 1-bedroom, accounting for 36.9% and 34.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,370 | $1,470 |
| Studio Rent | $1,130 | $1,160 |
| 1 Bed Rent | $1,250 | $1,270 |
| 2 Bed Rent | $1,500 | $1,600 |
| 3 Bed Rent | $2,500 | $2,200 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Anchorage Midtown, Anchorage, AK
As of Oct '25, Realtor.com reports that the median days on market for a home in Anchorage Midtown, Anchorage, AK is 33. This is a decrease of -49.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $261,000 | -19.0% |
Listing Count | 19 | -11.0% |
| Listings as % of Homes | 0.1% | -11.0% |
Days on Market | 33 | -49.0% |
Demographics — Anchorage Midtown, Anchorage, AK
As of the latest ACS Survey released in 2023, Anchorage Midtown, Anchorage, AK has a population of 12,900, which has decreased by -2.1% over the past 5 years. Anchorage Midtown, Anchorage, AK is a moderately popular place for families, as children make up 15.5% of the population. The area has a moderately educated workforce, with 30.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 12,900 | -2.1% |
% Under 18 | 15.5% | -7.2% |
% Seniors | 11.0% | -6.8% |
% WFH | 7.0% | 150.0% |
% w/ College Degree | 30.2% | 22.8% |
As of the latest ACS Survey released in 2023, Anchorage Midtown, Anchorage, AK is a predominantly white area, with 42.7% of the population identifying as white. The white population has shrunk by 6.4% in the last 5 years. The second most common race or ethnicity in Anchorage Midtown, Anchorage, AK is asian, making up 14.8% of the population. Foreign-born residents account for 16.8% of the population in Anchorage Midtown, Anchorage, AK, and this percentage has decreased by 0.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 42.7% | -6.4% |
% Black | 7.8% | -38.1% |
% Hispanic | 8.4% | -11.6% |
% Asian | 14.8% | 13.0% |
% Foreign Born | 16.8% | -0.6% |
Mortgage and Risk — Anchorage Midtown, Anchorage, AK
According to HUD data as of 2023, there were 86 mortgage originations in Anchorage Midtown, Anchorage, AK, of which 65.0% of loans were conventional mortgages. The average loan-to-value was 83.0%, with 62.0% above 90% LTV (very high). This implies large mortgage risk in Anchorage Midtown, Anchorage, AK. Investor activity is low, as 3.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 86 |
% Conventional Loans | 65.0% |
% Government Loans | 35.0% |
% Investor Loans | 3.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Anchorage Midtown, Anchorage, AK
Anchorage Midtown, Anchorage, AK lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 454 |
Total Units Section 8 | 428 |
% Rentals under Section 8 | 10.2% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $1,250 | $1,440 |
| 2 Bedroom | $270 | $1,500 | $1,770 |
| 3 Bedroom | -$370 | $2,500 | $2,130 |
| 4 Bedroom | N/A | N/A | $2,440 |
Affordability — Anchorage Midtown, Anchorage, AK
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $317,000 |
| Median Household Income | $76,900 |