Why Live in Spenard
Spenard, a neighborhood in Anchorage, is known for its convenient location and accessibility. Residents benefit from a high concentration of public transit options, with five bus routes providing easy access to downtown and popular shopping destinations. The neighborhood is just 2 miles from Ted Stevens Anchorage International Airport and 3 miles from downtown Anchorage. Historically a lumber camp and later a hub for bars and nightclubs during the 1980s oil boom, Spenard has transformed into a community-oriented area with local shops and diverse dining options. Popular eateries include Pho Lena, offering Lao, Thai, and Vietnamese cuisine, and Gwennie’s Old Alaska, known for its American breakfast and lunch dishes. Chilkoot Charlie’s nightclub and various local stores like Grassroots and The Hoarding Marmot add to the neighborhood's charm. For groceries, residents can visit Carrs or Blue Market AK. Homes in Spenard are primarily split-level and ranch-style, with spacious yards and mature trees east of Minnesota Drive, while homes to the west are closer together. The neighborhood features parks such as Connors Bog Park and Sisterhood Park, providing ample outdoor recreation opportunities. The Spenard Community Recreation Center offers indoor activities during colder months. Students in Spenard attend the highly rated West High School. The neighborhood has a crime rate lower than the national average, making it a safer area for families.
Home Trends in Spenard, AK
On average, homes in Spenard, Anchorage sell after 70 days on the market compared to the national average of 70 days. The median sale price for homes in Spenard, Anchorage over the last 12 months is $394,400, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$394,400
Median Single Family Sale Price
$440,000
Median Townhouse Sale Price
$394,400
Median 2 Bedroom Sale Price
$321,000
Median 1 Bedroom Sale Price
$149,250
Average Price Per Sq Ft
$284
Number of Homes for Sale
20
Last 12 months Home Sales
203
Median List Price
$445,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-2%