Markets › Alaska
Alaska housing market
In the Last Frontier, part of the Census Bureau's Pacific division, Pecan Street tracks two markets. Median sale prices run from $358K in Fairbanks to $441K in Anchorage over Jul–Sep 2026. Both are higher than a year earlier, led by Fairbanks (+2.3%).
Homes sit longest in Fairbanks (55 median days on market) and sell fastest in Anchorage (51 days). The share of active listings with a price cut runs from 44% in Anchorage to 51% in Fairbanks. Price-to-rent ratios run from about 14 in Fairbanks to 17 in Anchorage, measured as years of HUD Fair Market Rent per median sale price. Among the 385 U.S. metros Pecan Street tracks, the Fairbanks metro has the 25th-highest share of listings with a price cut. Alaska's unemployment rate was 4.3% in Sep 2026 (BLS via FRED), above the national rate of 4.2%.
Markets at a glance
| Market | Median sale price | YoY | Days on market | Price-cut share | Price-to-rent |
|---|---|---|---|---|---|
| Anchorage | $441K | +1.6% | 51 | 44% | ≈ 17 |
| Fairbanks | $358K | +2.3% | 55 | 51% | ≈ 14 |
Median sale price and year-over-year change from Redfin (rolling three months); median days on market and the share of active listings with a price cut from Realtor.com; price-to-rent is each market page's figure (its median sale price over a year of HUD Fair Market Rent). Figures are per metro market, not statewide.
Recent signals
No market signals flagged across this state right now.