16

University Area Homes for Sale

Section Image Section Image
  • /27

    $485,000

    • 5 Beds
    • 3.5 Baths
    • 2,677 Sq Ft

    4170 Defiance St, Anchorage, AK 99504

    Enjoy Reflection Lake View from your porch! Tri-level home with 5 bedrooms and 3.5 tiled baths. New roof, fresh interior, exterior paint have been completed within the last 3 years. Bright living room with vaulted ceilings and a fireplace, a formal dining area, and an open kitchen with a breakfast bar and eat-in nook.The primary suite includes double closets, skylights, and a soaking tub. The

    Agent Photo

    Carmen Robles

    Real Broker Alaska

    (833) 362-8185

    4170 Defiance St, Anchorage, AK 99504
  • /21

    $235,000

    • 2 Beds
    • 2 Baths
    • 808 Sq Ft

    4230 Folker St Unit A203, Anchorage, AK 99508

    Gorgeous 2 bed, 2 bath condo situated in the UMED district. Enjoy this recently updated condo while sipping coffee on the deck or sitting in front of the fireplace! Heated community garage for your car, close to UAA, Prov, restaurants, trails and more. Perfect for investor, first time home buyer, roommate or snow bird. Don't miss out on this beautiful condo!

    Todd O'Banion O'Banion Real Estate and Relocation Services, LLC

    4230 Folker St Unit A203, Anchorage, AK 99508
  • /26

    $250,000

    • 3 Beds
    • 1.5 Baths
    • 1,176 Sq Ft

    3215 Eastgate Place Unit 301, Anchorage, AK 99504

    Comfort, convenience, and location come together in this updated East Anchorage condo. With 2 bedrooms, 1.5 bathrooms, and 1,176 sq ft of thoughtfully arranged space, it's ideal for first-time buyers or anyone looking for a low-maintenance lifestyle.The main level offers a cozy living area with a fireplace and great natural light, flowing into a spacious, functional kitchen perfectfor cooking and

    Bryan Cable Real Broker Wasilla

    3215 Eastgate Place Unit 301, Anchorage, AK 99504
  • /43

    $385,000

    • 3 Beds
    • 2 Baths
    • 1,443 Sq Ft

    5961 Ridgelake Cir, Anchorage, AK 99504

    Tucked in a quiet neighborhood near the UMED District and a short walk to Reflection Lake, this 3-bed, 2-bath home features vaulted ceilings, plenty of windows allowing an abundance of natural light, hardwood floors, stainless appliances, and a cozy family room. Relax on the sunny front balcony or spacious back deck. Enjoy the 2-car garage and a lush fenced yard with berries, cherries, and more!

    Allison Houston Century 21 Realty Solutions

    5961 Ridgelake Cir, Anchorage, AK 99504
  • /26

    $195,000

    • 1 Bed
    • 1 Bath
    • 642 Sq Ft

    4221 Folker St Unit F203, Anchorage, AK 99508

    Stylish top floor 1-bed, 1-bath condo with updated granite kitchen, luxury vinyl plank flooring, and private balcony. Includes 1-car garage space with extra storage. Excellent tile work on fireplace and bath tub. Strong rental history and ideal UMED location. HOA covers exterior maintenance, refuse, water, sewer, and snow removal--making this a smart, low-maintenance investment or personal home

    Mary Cox RE/MAX Dynamic Properties

    4221 Folker St Unit F203, Anchorage, AK 99508
  • /32

    $265,000

    • 2 Beds
    • 2 Baths
    • 1,100 Sq Ft

    5616 E 40th Ave Unit C301, Anchorage, AK 99504

    Welcome to this exquisite top-floor condo, bathed in natural light and offering spectacular views of Reflection Lake and mountains. This large 2-bedroom 2 bathroom unit features vaulted ceilings with ample natural light. The kitchen boasts quartz countertops, a breakfast bar, and an eat-in kitchen. Recent updates include new carpet, laminate flooring in the ensuite, and updated

    Meggie Chisholm Real Broker Alaska

    5616 E 40th Ave Unit C301, Anchorage, AK 99504
  • /20

    $250,000

    • 2 Beds
    • 2 Baths
    • 816 Sq Ft

    4230 Folker St Unit A-103, Anchorage, AK 99508

    College Square Condo in desirable U-MED district! Two bedrooms, one with a private, bathroom plus another full guest bath, open kitchen and living areas with great light, private balcony, storage and a heated garage! Convenient location close to hospitals and universities.

    Roger Briley Alaska Real Estate Associates, LLC

    4230 Folker St Unit A-103, Anchorage, AK 99508
  • /44

    $369,900

    • 2 Beds
    • 2.5 Baths
    • 1,688 Sq Ft

    5632 E 43rd Ave Unit 8, Anchorage, AK 99504

    Gorgeous end unit condo w/ recently upgraded interior. Fenced back yard deck & front porch. The best views of Chugach Mts in development. Lots of windows & light. Soaring ceilings, open floor plan, fireplace, recently updated kitchen w/ island/pantry. Amazing master bedroom suite w/ huge walk-in closet, double vanity, bath w/ garden tub & shower. Large 2 car garage.

    Dustin Renner Keller Williams Realty Alaska Group of Wasilla

    5632 E 43rd Ave Unit 8, Anchorage, AK 99504
  • /21

    $230,800

    • 2 Beds
    • 1 Bath
    • 1,058 Sq Ft

    5800 Jennifer Cir Unit 6B, Anchorage, AK 99504

    This is HOME. Reverse Floorplan with two Spacious bedrooms and 1 bath condo. Vaulted ceiling, clerestory windows and wood burning fireplace. Green galley kitchen with breakfast bar. Open Concept living room and dining area. Updated flooring and windows. Dual vanity bath with tiled shower surround. Heated 1 car garage. Laundry in unit. Cul de sac location near trails, UAA, hospitals, and JBER

    Steve Bohannon LPT Realty

    5800 Jennifer Cir Unit 6B, Anchorage, AK 99504
  • /40

    $390,000

    • 3 Beds
    • 2 Baths
    • 1,536 Sq Ft

    4135 Mclean Place, Anchorage, AK 99504

    Discover this inviting 3-bedroom, 2-full-bathroom split-entry home, perfectly situated just minutes from the serene Reflection Lake. Nestled in a peaceful neighborhood, this well-maintained property offers a blend of comfort, functionality, and ample storage.

    Tarra Quisenberry Herrington and Company, LLC

    4135 Mclean Place, Anchorage, AK 99504
  • /33

    $229,500

    • 2 Beds
    • 2 Baths
    • 892 Sq Ft

    3061 E 42nd Ave Unit 703, Anchorage, AK 99508

    Well kept apartment style condo located in the desirable U-Med District. Two bedrooms, two full bathrooms, underground and heated 1 car garage space + storage area, covered deck off the living area and cozy fireplace. Washer & dryer included in the unit. Current AHFC loan with 3.5% interest rate is available to assume.

    Adrian Jaime Real Broker Alaska

    3061 E 42nd Ave Unit 703, Anchorage, AK 99508
  • /50

    $465,000

    • 3 Beds
    • 3.5 Baths
    • 2,256 Sq Ft

    5608 Tudor Square Ct Unit 19, Anchorage, AK 99504

    Welcome home to this impeccably maintained and thoughtfully updated executive townhome nestled in the highly desirable U-Med district! with fenced YARD (up to 4 pets permitted).This spacious residence boasts three generous bedrooms and three and a half bathrooms, offering ample space for comfortable living and elegant entertaining.If desired, convert the substantive downstairs living room into a

    Kari Disbrow Jack White Real Estate

    5608 Tudor Square Ct Unit 19, Anchorage, AK 99504
  • /30

    $245,900

    • 2 Beds
    • 2 Baths
    • 800 Sq Ft

    4241 Folker St Unit D202, Anchorage, AK 99508

    Price Improvement! Condominium in U-MED District with secure garage parking, storage, and private deck. Quiet living Near UAA, APU, and medical campuses, with easy access to dining, Chester Creek Trail, and Goose Lake Park. Ideal for Medical/Educational Professionals or those seeking a central location with Anchorage's top amenities. Exterior parking available.

    Curtis Haddox Real Estate Brokers of Alaska

    4241 Folker St Unit D202, Anchorage, AK 99508
  • /15

    $181,900

    • 1 Bed
    • 1 Bath
    • 809 Sq Ft

    4838 Bryn Mawr Ct Unit 1, Anchorage, AK 99508

    Cozy up by the fireplace in this inviting space with an open layout, laminate floors, and fantastic closet space. Enjoy secure entry, an assigned carport, and extra storage, with dues covering water/sewer, refuse, gas, & electric! Plus, onsite laundry at no additional cost. It's the perfect balance of comfort and convenience!

    Alma Garcia-Tuia Real Estate Brokers of Alaska

    4838 Bryn Mawr Ct Unit 1, Anchorage, AK 99508
  • /3

    $165,000

    • Land
    • 0.17 Acre
    • $970,588 per Acre

    000 Delwood Place, Anchorage, AK 99504

    READY to build on. fantastic gravel soils, nice view, great area. Super convenient to UMED and bases. Lot is excavated for a daylight basement. All utilities and good to go! This is a resale from the original purchaser! Newer expensive homes on the culdesac.

    Steve Karcz North Country Investments

    000 Delwood Place, Anchorage, AK 99504
  • /2

    $1,121,176

    • Land
    • 1.12 Acres
    • $1,001,050 per Acre

    4246 Laurel St, Anchorage, AK 99508

    Development opportunity in the U-MED District. Approx. 1.12 acres of R-O zoned land in premier location. Buyer to perform own due diligence including suitability for Buyers intended use. Surveys available.

    Curt Nading Commercial Real Estate Alaska, LLC

    4246 Laurel St, Anchorage, AK 99508

Why Live in University Area

University Area in Anchorage is a neighborhood that combines residential and retail spaces, making it a convenient choice for those working at nearby universities and hospitals. The University of Alaska Anchorage and Alaska Pacific University are within walking distance, attracting faculty and staff to the area. Additionally, Providence Medical Center and Alaska Native Medical Center provide easy access to healthcare and employment opportunities. The neighborhood features a variety of dining options, including Uncle Joe's Pizzeria and Thai Kitchen, as well as grocery stores like Fred Meyer and Tudor Market. Shopping options include Silva Saddle Western Wear, Alaska Flower Shop, and Value Village. Homes in University Area range from condos to ranch-style houses. Condos are primarily located in the southwest and northern parts of the neighborhood, while single-family homes, including ranch-style and split-level houses, are found on the east side. The area is known for its tree-lined streets and spacious lots. Students in the neighborhood attend College Gate Elementary, Wendler Middle School, and the highly rated Bettye Davis East Anchorage High School. Higher education is accessible at the University of Alaska Anchorage and Alaska Pacific University. Residents enjoy numerous parks and recreational activities, with Goose Lake and University Lake offering walking trails, playgrounds, and opportunities for wildlife viewing. Castle Heights Park provides additional green space for families. The neighborhood is well-connected by several bus routes, and downtown Anchorage is about 5 miles away. The low crime rate compared to the national average adds to the appeal of University Area, making it a practical and attractive option for potential homebuyers.

Frequently Asked Questions

Is University Area a good place to live?
University Area is a good place to live, receiving 3.5 stars from its residents. University Area is considered very car-dependent and somewhat bikeable with some transit options. University Area is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. University Area has 6 parks for recreational activities. It is fairly sparse in population with 5.8 people per acre and a median age of 35. The average household income is $106,638 which is above the national average. College graduates make up 33.3% of residents. A majority of residents in University Area are home owners, with 49.4% of residents renting and 50.6% of residents owning their home. A local real estate agent serving University Area can help you decide if this neighborhood is the right one for you. Learn more on our University Area neighborhood guide.
Is University Area, AK a safe neighborhood?
University Area, AK is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in University Area?
The median home price in University Area is $307,000. If you put a 20% down payment of $61,400 and had a 30-year fixed mortgage with an interest rate of 6.31%, your estimated principal and interest payment would be $1,520 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $65K a year to afford the median home price in University Area. The average household income in University Area is $107K.
What are the best public schools in University Area?
The best public schools that serve University Area are:
What are the best private schools in University Area?
The best private schools that serve University Area are:
What are the most popular zip codes in University Area, Anchorage, AK?
The most popular zip codes in University Area, Anchorage, AK include 99577, 99516, 99504, 99507 and 99508.
What are the most popular neighborhoods near University Area, Anchorage, AK?
The most popular neighborhoods near University Area, Anchorage, AK are Russian Jack Park, Airport Heights, Campbell Park, Northeast Anchorage and Scenic Foothills.

Home Trends in University Area, AK

Housing Trends

Median Sale Price
$312,500
Median Single Family Sale Price
$415,000
Median 2 Bedroom Sale Price
$225,000
Median 1 Bedroom Sale Price
$185,000
Average Price Per Sq Ft
$227
Number of Homes for Sale
14
Last 12 months Home Sales
98
Months of Supply
1.70
Median List Price
$307,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%
How to Buy a Home How to Finance a Home How to Sell a Home