Why Live in Eagle River
Eagle River in Anchorage, AK, offers a blend of suburban tranquility and city convenience. Located just 15 miles from downtown Anchorage, this neighborhood provides an easy commute for work or travel. Residents enjoy a small-town atmosphere with local shopping and dining options along Old Glenn Highway, including Matanuska Brewing and various coffee shops like Lexie’s Café and Coffee. The area is known for its spacious ranch-style and Craftsman homes, often featuring wood siding in natural hues and built-in garages. Yards are large enough for outdoor activities, providing both community feel and privacy. Schools in Eagle River are highly rated, with students attending Fire Lake Elementary School, Mirror Lake Middle School, and Chugiak High School, which offers unique programs like Hospitality and Culinary Arts and a Spanish Immersion program. For recreation, Commons Park and Schroeder Park offer playgrounds, sports facilities, and picnic areas, while the nearby Chugach State Park provides extensive hiking and mountaineering opportunities. Safety is a notable feature, with crime rates lower than the national average. Grocery stores like Carrs and Fred Meyer, along with a Walgreens, cater to daily needs. Eagle River combines the allure of Alaskan nature with the amenities of suburban living, making it a well-rounded community for residents.
Home Trends in Eagle River, AK
On average, homes in Eagle River, Anchorage sell after 73 days on the market compared to the national average of 70 days. The median sale price for homes in Eagle River, Anchorage over the last 12 months is $365,000, down 22% from the median home sale price over the previous 12 months.
Median Sale Price
$365,000
Median Single Family Sale Price
$391,965
Median Townhouse Sale Price
$354,990
Median 2 Bedroom Sale Price
$569,000
Median 1 Bedroom Sale Price
$495,000
Average Price Per Sq Ft
$285
Number of Homes for Sale
14
Last 12 months Home Sales
235
Median List Price
$409,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-22%