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University Area Homes for Sale

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  • /21

    $264,900

    • 4 Beds
    • 2 Baths
    • 1,900 Sq Ft

    6005 Carnaby Cir, Anchorage, AK 99504

    Collegegate East Anchorage home on corner lot w/RV parking. 2BR/1BA, Kitchen, and living room on upper level. 2BR/1BA, family room, and laundry/utility room on lower level. Fenced yard w/shed. JBER, UMED, schools, and trails in the nearby area. Do not miss out on this opportunity for sweat equity or investment. Please make an appointment with a Real Estate Agent/Broker of your choice to view.

    Agent Photo

    Barbara Huntley

    Keller Williams Realty Alaska Group

    (888) 896-9887

    6005 Carnaby Cir, Anchorage, AK 99504
  • /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

    Carmen Robles Real Broker Alaska

    4170 Defiance St, Anchorage, AK 99504
  • /29

    $189,000

    • 2 Beds
    • 2 Baths
    • 778 Sq Ft

    5018 E 43rd Ave Unit 22, Anchorage, AK 99508

    Sunny top floor, end unit condo with two bedrooms and two full bathrooms! All windows West facing for lots of natural light.Cozy wood burning fireplace and private balcony. Primary bedroom has en suite bath and lg walk in closet. Unit was completely remodeled in 2016. Interior was just repainted. Washer/dryer in unit. Secured building with assigned parking. Great location in the U-MED district.

    Sara Sturgeon RE/MAX Dynamic Properties

    5018 E 43rd Ave Unit 22, 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
  • /15

    $252,000

    • 2 Beds
    • 1.5 Baths
    • 1,178 Sq Ft

    3207 Eastgate Place Unit 103, Anchorage, AK 99504

    Beautiful townhouse-style condo in well-established Eastview Condominiums community. Newly updated: flooring, baseboards, lighting, bathroom cabinets, and electric fireplace. Beautiful, vaulted ceilings, updated baths, and SS appliances. Spacious private fenced yard.

    Troy Wuyts-Smith RE/MAX Dynamic Properties

    3207 Eastgate Place Unit 103, Anchorage, AK 99504
  • /46

    $240,000

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

    3215 Eastgate Place Unit 301, Anchorage, AK 99504

    Discover the perfect blend of comfort and convenience in this charming 2-bedroom, 1.5-bathroom condo nestled in the heart of East Anchorage. With 1,176 square feet of thoughtfully designed living space, this home is ideal for first-time buyers or those looking for a low-maintenance lifestyle close to everything Anchorage has to offer.Step inside to a welcoming semi open-concept living areawith a

    Jeremy Burke Real Broker Wasilla

    3215 Eastgate Place Unit 301, Anchorage, AK 99504
  • /15

    $159,000

    • 2 Beds
    • 1 Bath
    • 853 Sq Ft

    3591 Lynn Dr Unit 1, Anchorage, AK 99508

    Prime bedroom has 2 closets and there is new paint throughout, new windows in both bedrooms, new flooring, and new bathroom vanity! Minutes away from the hospitals, university, shopping, and JBER. Free shared laundry with only one other unit.

    Monique Manley Real Broker B Street

    3591 Lynn Dr Unit 1, Anchorage, AK 99508
  • /17

    $75,000

    • Land
    • 0.21 Acre
    • $357,143 per Acre

    4240 Marik St, Anchorage, AK 99504

    CALLING ALL INVESTORS & BUILDERS! Great Lot, zoned for R3, opens up many possibilities for development! On this lot you can have up to 7 units. Privacy on a culdesac and mountain views from a roof top deck, endless possibilities. This lot is just a short distance to reflection lake!

    Joslyn Blanchard Jack White Real Estate

    4240 Marik St, Anchorage, AK 99504
  • /31

    $219,900

    • 3 Beds
    • 1.5 Baths
    • 1,381 Sq Ft

    3211 Eastgate Place Unit 105, Anchorage, AK 99504

    !!!Pride of ownership shows in this spacious, corner unit, 2-level condo/spectacular mountain views/generous kitchen w/gas cooking/charming tile work/some new flooring/shed with electric in back w/deck overlooking fenced yard/covered carport parking plus 1 additional designated parking space/woodburning fireplace!!!

    Kathy J Fernandez Jack White Real Estate

    3211 Eastgate Place Unit 105, Anchorage, AK 99504
  • /11

    $419,000

    • Land
    • 1.64 Acres
    • $255,488 per Acre

    000 Wesleyan Dr, Anchorage, AK 99508

    Rare Gem 1.64 ac of prime Single or Multi-fam land in the heart of Anc. Zoned R2M allows 5-15 units per acre. James V Nash Park across street. Motivated seller, bring reasonable offer. Water/sewer in Wesleyan. Large enough lot to do your own well or septic. Zoning info in photos. Address shows E 24th Ave that is no longer available. W/ structure on prop Muni will assign new address

    Lee Mitchell Elite Real Estate Group

    000 Wesleyan Dr, Anchorage, AK 99508
  • /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
  • /27

    $429,900 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,597 Sq Ft

    3686 Little Bear Place Unit 9, Anchorage, AK 99504

    Move-In Ready! 3-Story Townhome with Chugach Mountain Views! This beautifully designed three-story townhome offers views of the Chugach Mountains & a thoughtful layout for modern living. The ground floor welcomes you with an inviting entryway and a large one-car garage. On the main level, an open-concept design connects the living room, dining area, & kitchen, creating an inviting spacefor

    Tate Rogers Firebird Realty, LLC

    3686 Little Bear Place Unit 9, Anchorage, AK 99504
  • /17

    $425,000 New Construction

    • 3 Beds
    • 2.5 Baths
    • 1,597 Sq Ft

    3680 Little Bear Place Unit 8, Anchorage, AK 99504

    Move-In Ready! 3-Story Townhome with Chugach Mountain Views! This beautifully designed three-story townhome offers views of the Chugach Mountains & a thoughtful layout for modern living. The ground floor welcomes you with an inviting entryway and a large two-car garage. On the main level, an open-concept design connects the living room, dining area, & kitchen, creating an inviting spacefor

    Dar Walden Keller Williams Realty Alaska Group

    3680 Little Bear Place Unit 8, Anchorage, AK 99504
  • /25

    $425,000 Coming Soon

    • 4 Beds
    • 2 Baths
    • 2,012 Sq Ft

    3123 Regis Ct, Anchorage, AK 99508

    ESTATE SALE & OPEN HOUSE May 3 12p-3p. Come see this amazing College gate home backing to S Fork Chester Creek. Great lot on cue-de-sac, with treed privacy & fenced back yard. 4 bed, 2 bath, large 2 car garage. Newer ABM roof, garage door, back deck. Property is dated but in great condition & just needs some cosmetic love and updating to build some great sweat equity on this creekside home.

    Gordon Sloane Keller Williams Realty Alaska Group

    3123 Regis Ct, Anchorage, AK 99508
  • /26

    $255,000 Coming Soon

    • 2 Beds
    • 2 Baths
    • 800 Sq Ft

    4241 Folker St Unit D202, Anchorage, AK 99508

    Clean Upper-level condominium in Anchorage's UMED District with secure garage parking, storage, and private deck. 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. Book Showings Soon.

    Curtis Haddox Keller Williams Realty Alaska Group

    4241 Folker St Unit D202, Anchorage, AK 99508

About 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 $299,000. If you put a 20% down payment of $59,800 and had a 30-year fixed mortgage with an interest rate of 6.81%, your estimated principal and interest payment would be $1,560 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $67K 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, 99504, 99516, 99507 and 99502.
What are the most popular neighborhoods near University Area, Anchorage, AK?
The most popular neighborhoods near University Area, Anchorage, AK are Russian Jack Park, Campbell Park, Airport Heights, Northeast Anchorage and Tudor Area.

Home Trends in University Area, AK

Home Trends

Median Price (12 Mo)
$310,000
Median Single Family Price
$415,000
Median 2 Bedroom Price
$225,000
Median 1 Bedroom Price
$181,900
Average Price Per Sq Ft
$220
Number of Homes for Sale
12
Last 12 months Home Sales
103
Months of Supply
1.40
Median List Price
$299,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-2%
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