7

University Area Homes for Sale

Section Image
  • /25

    $434,000

    $5K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,597 Sq Ft

    3680 Little Bear Place Unit 8, Anchorage, AK 99504

    Move-in ready 3-story townhouse offering stunning mountain views and a highly convenient location. The main level features an open-concept kitchen, dining, and living area--perfect for everyday living and entertaining. Upstairs, you'll find all bedrooms along with a dedicated laundry area for added convenience. $5k towards CC with use of Pref. Lender Raven Mort. The spacious tandem two-car garage

    Melissa Worrell Firebird Realty, LLC

    3680 Little Bear Place Unit 8, Anchorage, AK 99504
  • /16

    $795,000

    • 5 Beds
    • 4 Baths
    • 4,990 Sq Ft

    4038 Vance Dr, Anchorage, AK 99508

    Investment property with plenty of space. Larger side has 3 bedrooms, 2 full baths, 2 car garage and is nearly 4000 sq ft. ''Smaller'' side has been REMODELED throughout, it has 2 bed, 2 bath and one car garage. Both have laundry, fireplaces, multiple living spaces and decks. Property is on a half-acre and the yard backs right up to the Chester Creek trails. Call to see it.

    Michael Liebner Jack White Real Estate

    4038 Vance Dr, Anchorage, AK 99508
  • /20

    $275,000

    • 2 Beds
    • 1.5 Baths
    • 1,033 Sq Ft

    5527 E 34th Ave Unit 110, Anchorage, AK 99504

    Convenient Eastside location, updated recently with new carpet, new paint, new lighting! Open concept living/dining with vaulted ceilings and fireplace. Large primary bedroom, double sinks in remodeled bathroom. This property is great for first time buyers, professionals or someone who wants classic style and a move in ready home! Small fenced yard with deck and garage complete the package!

    Mary Jo Cunniff Keller Williams Realty Alaska Group

    5527 E 34th Ave Unit 110, Anchorage, AK 99504
  • /66

    $795,000

    • 4 Beds
    • 3.5 Baths
    • 4,556 Sq Ft

    3840 Delwood Place, Anchorage, AK 99504

    Beautifully upgraded 4-bedroom, 3.5-bath home featuring 3 living spaces, 2 fireplaces, and an impressive basement. The family room offers western exposure and abundant natural light. Spacious primary suite includes a huge walk-in closet and spa-like bath. Extensive upgrades throughout plus an oversized 2-car garage complete this exceptional home.

    Michelle Webb RE/MAX Dynamic Properties

    3840 Delwood Place, Anchorage, AK 99504
  • /56

    $350,000

    • 4 Beds
    • 2 Baths
    • 1,824 Sq Ft

    2815 Campbell Airstrip Rd, Anchorage, AK 99504

    Location, Location, Location! Large oversized corner lot. Great sweat equity opportunity in this popular Anchorage plan - a great addition to your rental fleet. This well-loved family home is being sold AS IS, WHERE IS as part of an estate. Price reduced for a quick sale. Features include two storage sheds, ample parking, and a covered porch. CASH OR RENOVATION LOAN ONLY! BRING ALL OFFERS! Buyer

    Patricia Baker Northern Trust Real Estate

    2815 Campbell Airstrip Rd, Anchorage, AK 99504
  • /7

    $579,000

    Coming Soon
    • 4 Beds
    • 2.5 Baths
    • 2,153 Sq Ft

    5156 Sillary Cir, Anchorage, AK 99508

    This hidden gem is a rare opportunity in today's limited inventory market. Located on a quiet cul-de-sac where neighbors rarely leave. This home has been lovingly updated over the years while keeping the warm, cozy feel that makes it instantly inviting.The layout flows comfortably for everyday family life, yet opens beautifully for entertaining both inside and out. With all bedrooms upstairs,

    Mae Wright Ark Realty

    5156 Sillary Cir, Anchorage, AK 99508
  • /27

    $475,000

    • 4 Beds
    • 2 Baths
    • 2,382 Sq Ft

    3021 Campbell Airstrip Rd, Anchorage, AK 99504

    Here's an excellent property currently available in the well-established College Gate neighborhood. This home is conveniently located near several hospitals, offers a quick commute to JBER, and is close to many local parks. The residence features four bedrooms, two bathrooms, and several modern updates, while still providing plenty of room for a new owner to add their personal style. The layout

    Tina B Steenmeyer Herrington and Company, LLC

    3021 Campbell Airstrip Rd, Anchorage, AK 99504

Why Live in University Area

University Area combines residential and retail spaces in Anchorage, Alaska, making it a convenient neighborhood for those who work in nearby universities and hospitals. Both the University of Alaska Anchorage and Alaska Pacific University are within walking distance, and Providence Alaska Medical Center and Alaska Native Medical Center provide residents with their health care needs. There are a variety of local dining establishments, including Uncle Joe’s Pizzeria and Thai Kitchen, as well as a Fred Meyer grocery store nearby. Condos and ranch-style homes are most common, but there are also some traditional and split-level houses in the area. Students attend College Gate Elementary, Wendler Middle School and Bettye Davis East Anchorage High School. Goose Lake has a playground, a basketball court and wildlife such as Canadian geese, and many people go dog sledding at University Lake during the winter. There’s also a small green space at Castle Heights Park and Folker Park. The Northern Lights, Tudor and Lake Otis bus routes all pass through the area.

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 car-dependent and very bikeable with minimal 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 7 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 $380,000. If you put a 20% down payment of $76,000 and had a 30-year fixed mortgage with an interest rate of 6.51%, your estimated principal and interest payment would be $1,920 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $82K a year to afford the median home price in University Area. Learn how much home you can afford with our Home Affordability Calculator. 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 99508, 99504, 99507, 99503 and 99515.
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 Scenic Foothills.

Home Trends in University Area, AK

Housing Trends

Median Sale Price
$380,000
Median Single Family Sale Price
$443,000
Median 2 Bedroom Sale Price
$230,000
Median 1 Bedroom Sale Price
$179,000
Average Price Per Sq Ft
$235
Number of Homes for Sale
6
Last 12 months Home Sales
103
Months of Supply
0.70
Median List Price
$380,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
36%
How to Buy a Home How to Finance a Home How to Sell a Home