10

University Area Homes for Sale

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  • /35

    $435,000

    $35K PRICE DROP
    • 5 Beds
    • 3.5 Baths
    • 2,678 Sq Ft

    4170 Defiance St, Anchorage, AK 99504

    Tri-level home with 5 bedrooms, 3.5 baths. New roof and fresh interior/exterior paint completed in 2022-2023. The main level features vaulted ceilings, a bright living room with fireplace, kitchen with breakfast nook, and formal dining with yard access. Upstairs offers 3 bedrooms, 1 full tiled bath, plus a spacious primary suite with dual closets and a tiled soaking tub. The finished basement

    Agent Photo

    Carmen Robles

    Real Broker Alaska

    4170 Defiance St, Anchorage, AK 99504
  • /2

    $399,000

    Coming Soon
    • 3 Beds
    • 2.5 Baths
    • 1,536 Sq Ft

    5840 Jordan Cir, Anchorage, AK 99504

    This inviting 3 bed, 3 bath home offers bright, open feel in a great location. Vaulted ceilings and abundant natural light create a spacious atmosphere while new flooring and fresh paint give the home an updated look while feeling homey.Outside, enjoy a fully fenced yard with raised garden beds, perfect for gardening, pets, entertaining or simply enjoying your outdoor space.Best of all-

    Heidi Whitworth Real Broker Wasilla

    5840 Jordan Cir, Anchorage, AK 99504
  • /35

    $198,000

    • 1 Bed
    • 1 Bath
    • 684 Sq Ft

    4766 Mills Dr Unit 41, Anchorage, AK 99508

    Tucked between trees and the trails is this convenient ground floor 1 bed 1 bath condo. Sold furnished.Sunken living room with fireplace, private deck, updated kitchen, vinyl windows, washer/dryer in unit, detached 1 car garage w built in storage. Large shared common deck. HOA has garden plots and RV/storage as well.Steps from the paved Chester Creek Trail, wooded APU trails and

    Rachel Butler Herrington and Company, LLC

    4766 Mills Dr Unit 41, Anchorage, AK 99508
  • /21

    $789,000

    $6K PRICE DROP
    • 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
  • /25

    $235,000

    $10K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 800 Sq Ft

    4241 Folker St Unit D201, Anchorage, AK 99508

    Perfectly located in Anchorage's sought-after U-Med District, this top-floor condo is within walking distance of Providence, ANMC, UAA, Starbucks, restaurants, and more. Featuring 2 bedrooms, 2 updated baths, a cozy wood-burning fireplace, bonus storage loft, and exceptional storage throughout. Newer appliances, heating system, and water heater add modern comfort, plus a private garage & Storage!

    Aurora Courtney Keller Williams Realty Alaska Group

    4241 Folker St Unit D201, Anchorage, AK 99508
  • /29

    $223,900

    • 2 Beds
    • 1 Bath
    • 953 Sq Ft

    4838 Bryn Mawr Ct Unit 2, Anchorage, AK 99508

    TOP Floor Low maintenance condo in a highly sought after neighborhood. Surrounded by full beautiful trees and a greenbelt. Two large bedrooms and one bathroom. Two decks. Large living room & tall vaulted ceilings throughout. Enjoy the cozy wood burning fireplace while you look out to the trees from your covered deck. Close to U Med district, UAA, walk to children's park. Schedule a showing today.

    Michelle Sanford Herrington and Company, LLC

    4838 Bryn Mawr Ct Unit 2, Anchorage, AK 99508
  • /41

    $280,000

    • 2 Beds
    • 2 Baths
    • 1,352 Sq Ft

    4778 Mills Dr Unit 47, Anchorage, AK 99508

    Beautiful 2bed/2bath unit with master suite. Large community deck with plenty of sunlight as well as a private deck off rear of property. Located in the UMED district with close access to Cambell Creek Trail system. Association has RV storage and unit has private garage space as well! Don't miss your opportunity to own this gem in highly desired College Alps Association.

    Patrick Wolgemuth Real Broker - MLSAK.com

    4778 Mills Dr Unit 47, Anchorage, AK 99508
  • /2

    $549,000

    Coming Soon
    • 5 Beds
    • 3 Baths
    • 3,021 Sq Ft

    3113 Campbell Airstrip Rd, Anchorage, AK 99504

    Super convenient east side location! On a large lot, minutes from the U-Med, JBER and downtown, on a designated bike route. With modern comfort, flexible living spaces, and Alaskan charm, this beautifully updated 5-6 bedroom, 3 bath home has lots to offer. Next to Chester Creek, this home offers natural privacy and exceptional functionality, with lots of space for living, entertaining, or AirBnB.

    William Richardson EXP Realty, LLC

    3113 Campbell Airstrip Rd, Anchorage, AK 99504
  • /53

    $340,000

    $6K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 989 Sq Ft

    5651 Chilkoot Ct Unit A101, Anchorage, AK 99504

    Stunning mountain views, sunsets, and wildlife viewing from this condo on Reflection Lake. It's like living every day with National Geographic channel playing outside your bay windows. New laminate flooring August 2026. No carpet. Extra storage room in garage. Association has common fitness room with sauna. In the heart of the UMed district close to universities and hospitals.

    Jed Weingarten Herrington and Company, LLC

    5651 Chilkoot Ct Unit A101, Anchorage, AK 99504
  • /35

    $575,000

    • 3 Beds
    • 2.5 Baths
    • 1,768 Sq Ft

    2925 Kimberlie Ct, Anchorage, AK 99508

    Beautifully updated and versatile in the University/Medical District! Gorgeous wood floors, impressive kitchen, tiled baths with radiant-heated floors, wood stove and abundant natural light. A second kitchen and living area downstairs expand the possibilities. Solar offers potential energy cost savings, while expansive decks create wonderful outdoor seating areas.

    Lonnie Logan Realty ONE Group Aurora

    2925 Kimberlie Ct, Anchorage, AK 99508

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.

University Area Home Prices vs. Nearby Anchorage, AK Neighborhoods

University Area Mountain View North Star Spenard
Median Home Price
$382,450
$370,000
$319,400
$369,000
Median Sale Price
$380,000
+35% YoY
$334,000
+21% YoY
$223,000
-36% YoY
$358,000
+26% YoY
Median Single Family Price
$449,000
$350,000
$425,000
$386,500
Median Townhouse Price
$649,500
$360,000
$467,500
$334,000
Median Condo Price
$239,500
--
$204,950
$225,000
Total Active Listings
9 listings
21 listings
8 listings
20 listings
Market Conditions
1 Month of Supply
Seller's Market
10 Months of Supply
Buyer's Market
3 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market

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 somewhat dense in population with 6.0 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% of residents renting and 51% 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 $382,450. If you put a 20% down payment of $76,500 and had a 30-year fixed mortgage with an interest rate of 6.65%, your estimated principal and interest payment would be $1,960 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $84K 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, 99501 and 99518.
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 Rogers Park.
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