Why Live in Eagle River Valley
Eagle River Valley in Anchorage, Alaska, offers a picturesque setting with a variety of outdoor activities and scenic beauty comparable to renowned locations like Yosemite National Park. Located about 40 minutes from downtown Anchorage and adjacent to Chugach State Park, this neighborhood is ideal for those who enjoy nature. The area features a mix of housing styles, including original homesteads, log cabins, and newer custom Craftsman homes with stone exteriors and spacious porches. On the western edge, closer to the community of Eagle River, homes are typically ranch-style with built-in garages. Students in the neighborhood attend highly rated schools, including Eagle River High School, which is recognized as one of the top 10 high schools in the state and offers an engineering academy with hands-on learning opportunities.
For things to do, residents can explore numerous trails and natural areas, such as the Eagle River Nature Center, which offers trails ranging from easy to moderately strenuous, as well as yurts and cabins for overnight stays. The Mile High Saddle trailhead provides access to Mt. Magnificent with views of the Cook Inlet and Denali. Wildlife, including bears and moose, is common, so hikers should stay alert. The neighborhood also has convenient access to shopping and dining options in nearby Eagle River, including stores like Carrs, Walmart, and Fred Meyer, and local eateries such as Garcia’s Cantina & Café. The Glenn Highway provides a direct route to downtown Anchorage, though the natural allure of Eagle River Valley may make frequent trips to the city unnecessary.
Home Trends in Eagle River Valley, AK
On average, homes in Eagle River Valley, Anchorage sell after 120 days on the market compared to the national average of 70 days. The median sale price for homes in Eagle River Valley, Anchorage over the last 12 months is $350,000, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$350,000
Median Single Family Sale Price
$355,000
Median Townhouse Sale Price
$307,000
Median 2 Bedroom Sale Price
$157,000
Median 1 Bedroom Sale Price
$290,000
Average Price Per Sq Ft
$252
Number of Homes for Sale
12
Last 12 months Home Sales
343
Median List Price
$364,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-5%
