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Downtown Anchorage Homes for Sale

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  • /31

    $499,500

    • 2 Beds
    • 2.5 Baths
    • 1,427 Sq Ft

    222 E 7th Ave Unit 303, Anchorage, AK 99501

    Beautiful 1,400 sq. ft. two-bedroom condo featuring a spacious primary bedroom, open floor plan, and large windows that fill the home with natural light. The attractive kitchen flows seamlessly into the living and dining areas, complemented by warm wood floors throughout. Enjoy city views from the private deck and the convenience of secure underground garage parking.

    Agent Photo

    Nate Baer

    LPT Realty

    222 E 7th Ave Unit 303, Anchorage, AK 99501
  • /2

    $100,000

    • Land
    • 6,969 Sq Ft
    • $625,000 per Acre

    1 Unknown St, Anchorage, AK 99501

    Vacant land to build on.

    Edward Davison Urealty LLC

    1 Unknown St, Anchorage, AK 99501
  • /2

    $535,000

    Coming Soon
    • 2 Beds
    • 2.5 Baths
    • 1,417 Sq Ft

    222 E 7th Ave Unit 301, Anchorage, AK 99501

    Coming Soon! Expertly remodeled, this top-floor condo comes fully turn-key ready with all new furnishings, king bedroom sets, kitchenware, and housewares. Located a couple blocks to the museum and Federal courthouse and a short stroll to the Park Strip, the heart of the downtown cultural district is your backyard. Once you step into this home, you're instantly enveloped in peaceful elegance.

    Jeenean Ferkinhoff Jack White Real Estate

    222 E 7th Ave Unit 301, Anchorage, AK 99501
  • /3

    $550,000

    • Land
    • 6,969 Sq Ft
    • $3,437,500 per Acre

    810 W 8th Ave, Anchorage, AK 99501

    Rare opportunity in downtown Anchorage! This prime 7,000 sqft vacant lot at 810 W 8th Ave, zoned B2C, is nestled between Skinny Raven and CU1 Bank perfect for retail, office, or mixed-use development. With no structures, it's a blank canvas in a bustling urban hub with easy access to amenities and thoroughfares. Don't miss this investment gem!

    Justin McGhee Cornerstone Realty

    810 W 8th Ave, Anchorage, AK 99501
  • /42

    $668,900

    $31K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,429 Sq Ft

    721 Station Ln Unit A5, Anchorage, AK 99501

    Introducing The Spur, the latest offering in the coveted Downtown Edge North development. Nestled in the heart of downtown Anchorage, this modern condo offers an exquisite blend of contemporary design and luxurious living. The open-concept great room is bathed in natural light, thanks to expansive floor-to-ceiling west-facing windows that seamlessly connect to a private concrete patio providing a

    Jonathon Wagner Herrington and Company, LLC

    721 Station Ln Unit A5, Anchorage, AK 99501
  • /41

    $274,950

    $5K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,110 Sq Ft

    201 Barrow St Unit 209, Anchorage, AK 99501

    Beautiful 2-bedroom, 2-bath condo offering 1,110 sq ft of comfortable living space with a functional floor plan and numerous recent updates. Improvements include newer hardwood flooring, fresh paint throughout, LED lighting throughout, stainless steel appliances, washer and dryer, hot water heater, updated faucets, and a remodeled primary bathroom with a walk-in shower.DUES INCLUDE HEAT. The

    Jovana Jankovic Herrington and Company, LLC

    201 Barrow St Unit 209, Anchorage, AK 99501
  • /31

    $495,000

    • 2 Beds
    • 1 Bath
    • 1,344 Sq Ft

    841 I St, Anchorage, AK 99501

    For Sale: Owner Financing Considered. Discover a rare downtown Anchorage gem at 841 I Street, a charming and highly versatile dual-use business/residential office positioned in one of the city's most coveted and walkable locations. This distinctive property offers the kind of visibility, character, and convenience that are nearly impossible to replicate -- just steps from the courthouse district,

    Gary Cox Real Broker Alaska

    841 I St, Anchorage, AK 99501
  • /7

    $1,500,000

    $250K PRICE DROP
    • 4 Beds
    • 4 Baths
    • 3,520 Sq Ft

    811 K St, Anchorage, AK 99501

    Great downtown property including total of 3 properties. 811 K St - 2 bed 2 bath 2220SF Res 7000SF Lot, 932 W 8th Ave 2bed 2 bath 1300SF Res 7000 SF Lot, & 934 W 8th Ave 480 SF Res

    Myong Yi Jack White Real Estate

    811 K St, Anchorage, AK 99501
  • /45

    $775,000

    $75K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,108 Sq Ft

    140 W 10th Ave Unit 1, Anchorage, AK 99501

    Custom Mediterranean condo with Italian marble, granite counter tops, with height adjustable bar. Heated floors and driveway. Powered safety shutters.

    Brandon Spoerhase BSI Commercial Real Estate, LLC

    140 W 10th Ave Unit 1, Anchorage, AK 99501
  • /35

    $264,500

    • 2 Beds
    • 2 Baths
    • 1,010 Sq Ft

    221 E 7th Ave Unit 113, Anchorage, AK 99501

    Whether you're searching for a low-maintenance primary residence, a convenient downtown retreat, this desirable corner unit provides added privacy and abundant natural light, while the convenient downtown setting places you just minutes from restaurants, shopping, parks. Refreshed with new interior paint and new flooring in the kitchen and bathrooms, its move in ready.

    Huntley & Associates Keller Williams Realty Alaska Group

    221 E 7th Ave Unit 113, Anchorage, AK 99501
  • /6

    $298,000

    $97K PRICE DROP
    • Land
    • 6,534 Sq Ft
    • $1,986,667 per Acre

    327 W 5th Ave, Anchorage, AK 99501

    6,500 SF downtown Anchorage parcel on 5th Ave between C & D Streets, directly across from 5th Avenue Mall. High visibility and strong traffic counts. Adjacent to Club Paris and Whiskey & Ramen. Site is graded and ready for development. Package forthcoming. Contact Listing Licensee for more information.

    Marc Dunne Jack White Commercial

    327 W 5th Ave, Anchorage, AK 99501

Why Live in Downtown Anchorage

Downtown Anchorage is close to several restaurants, retail stores and live entertainment. The neighborhood is primarily a commercial hub with a largely rent-based market. Many condos, bungalows and cottages were built in the early-to-mid-20th century. Prices are slightly more expensive than other Anchorage neighborhoods due to its prime location. Students who live downtown attend schools within the Anchorage School District, with campuses such as Denali Elementary, Romig Middle and West Anchorage High School offering STEAM classes and extracurricular activities. There are plenty of parks and green spaces downtown, including Delaney Park, which has athletic fields, a playground, a rose garden and a steam locomotive. Town Square Park hosts live concerts in the summer and ice skating in the winter, and Elderberry Park has walking trails with gorgeous sunset views of Sleeping Lady Mountain. The neighborhood is also home to the Anchorage Fifth Avenue Mall, the Alaska Center for Performing Arts and the Anchorage Museum, offering a wide range of cultural experiences. Dining options are also abundant, with restaurants including Fire Island Rustic Bakeshop, Tent City Taphouse and Humpy’s Great Alaskan Alehouse.

Downtown Anchorage Home Prices vs. Nearby Anchorage, AK Neighborhoods

Downtown Anchorage Spenard South Addition Tudor Area
Median Home Price
$485,000
$354,250
$539,000
$460,000
Median Sale Price
$209,000
-7% YoY
$356,250
+25% YoY
$512,500
+21% YoY
$465,000
+28% YoY
Median Single Family Price
$537,500
$383,000
$710,000
$465,000
Median Townhouse Price
$499,950
$334,000
$702,000
$575,000
Median Condo Price
$274,950
$230,000
$380,000
$237,500
Total Active Listings
8 listings
20 listings
22 listings
4 listings
Market Conditions
5 Months of Supply
Balanced Market
3 Months of Supply
Seller's Market
4 Months of Supply
Seller's Market
4 Months of Supply
Balanced Market

Frequently Asked Questions

Is Downtown Anchorage a good place to live?
Downtown Anchorage is a good place to live. Downtown Anchorage is considered somewhat walkable and bikeable with good transit options. Downtown Anchorage is a suburban neighborhood. Downtown Anchorage has 6 parks for recreational activities. It is fairly sparse in population with 5.0 people per acre and a median age of 43. The average household income is $86,034 which is below the national average. College graduates make up 31.2% of residents. A majority of residents in Downtown Anchorage are renters, with 75% of residents renting and 25% of residents owning their home. A local real estate agent serving Downtown Anchorage can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Anchorage neighborhood guide.
Is Downtown Anchorage, AK a safe neighborhood?
Downtown Anchorage, AK is less safe than the average neighborhood in the United States. It received a crime score of 8 out of 10.
How much do you need to make to afford a house in Downtown Anchorage?
The median home price in Downtown Anchorage is $485,000. If you put a 20% down payment of $97,000 and had a 30-year fixed mortgage with an interest rate of 6.69%, your estimated principal and interest payment would be $2,500 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $107K a year to afford the median home price in Downtown Anchorage. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Anchorage is $86K.
What are the best public schools in Downtown Anchorage?
The best public schools that serve Downtown Anchorage are:
What are the best private schools in Downtown Anchorage?
The best private schools that serve Downtown Anchorage are:
  • Holy Rosary Academy has an A+ Niche grade, a student teacher ratio of 9:1 and an average review score of 4.6.
  • Denali Montessori has a B Niche grade and a student teacher ratio of 15:1.
What are the most popular zip codes in Downtown Anchorage, Anchorage, AK?
The most popular zip codes in Downtown Anchorage, Anchorage, AK include 99501, 99503, 99508, 99517 and 99507.
What are the most popular neighborhoods near Downtown Anchorage, Anchorage, AK?
The most popular neighborhoods near Downtown Anchorage, Anchorage, AK are South Addition, Fairview, Government Hill, North Star and Spenard.
Are home prices dropping in Downtown Anchorage?
Yes, home prices in Downtown Anchorage are down 11% in the last 12 months.
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