Why Live in South Addition
South Addition in Anchorage offers scenic views of the Chugach Mountains and Mount Susitna, also known as the Sleeping Lady. This neighborhood is conveniently close to downtown, providing residents with easy access to city attractions and outdoor recreation. The Tony Knowles Coastal Trail and Delaney Park, with its rose garden, memorials, and recreational facilities, are key highlights. Westchester Lagoon, featuring walking trails, playgrounds, and a disc golf course, is another popular spot for activities like fishing and kayaking. The neighborhood has a mix of ranch-style, Craftsman, and new traditional homes, along with some condos and townhouses. South Addition is primarily residential but includes commercial amenities like the New Sagaya City Market and the Anchorage Farmers Market. Dining options nearby include Club Paris, Biscuitclub, and 49th State Brewing. Students in the area might attend highly rated Inlet View Elementary School and West High School. The neighborhood is safer than the national average, with several bus routes providing convenient transportation to downtown and Ted Stevens Anchorage International Airport, which is 4.7 miles away.
Home Trends in South Addition, AK
On average, homes in South Addition, Anchorage sell after 66 days on the market compared to the national average of 70 days. The median sale price for homes in South Addition, Anchorage over the last 12 months is $520,944, up 50% from the median home sale price over the previous 12 months.
Median Sale Price
$520,944
Median Single Family Sale Price
$360,000
Median Townhouse Sale Price
$480,000
Median 1 Bedroom Sale Price
$299,000
Average Price Per Sq Ft
$228
Number of Homes for Sale
7
Last 12 months Home Sales
49
Median List Price
$360,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
50%