University Area Condos for Sale

/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
$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
/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
/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

Alaska Anchorage University Area

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.

Learn more about living in University Area

Home Trends in University Area, AK

On average, homes in University Area, Anchorage sell after 27 days on the market compared to the national average of 49 days. The median sale price for homes in University Area, Anchorage over the last 12 months is $315,000, down 1% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$315,000

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

$226

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

1.70

Median List Price

$315,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-1%

How to Buy a Home How to Finance a Home How to Sell a Home

In University Area, there are currently 7 condos for sale, providing a range of options for prospective buyers. With condos ranging from $181,900 to $265,000, there's something for every budget. As of June, 2025 the median home price in University Area, Anchorage is $315,000, while the average sale price is $328,485, providing insight into local market trends. On average, condos spend 27 days on the market before being sold. Whether you're considering condominiums, apartments for sale, or modern condos, there are options available to suit your needs. Explore the variety of condos for sale in University Area, Anchorage, and find the perfect place to call home.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.