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University Area Condos for Sale

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  • 5632 E 40th Ave Unit E201, Anchorage, AK 99504
    5632 E 40th Ave Unit E201, Anchorage, AK 99504
    5632 E 40th Ave Unit E201, Anchorage, AK 99504
    /32

    $225,000

    • 2 Beds
    • 2 Baths
    • 1,088 Sq Ft

    5632 E 40th Ave Unit E201, Anchorage, AK 99504

    Water Front Condo W/views of Reflection Lake & Chugach Mountains. 2bed 2bath floor plan featuring Master bedroom W/ private bath & double closets. Living Room W/ views & cozy fireplace, Kitchen has dining area & pantry, in unit laundry, lots of closets, Covered deck W/ large storage unit and a heated garage. Close to JBER, UMED, Bicentennial & Russian Jack Park Trails! Priced below Tax Assessment

    Agent Photo

    Barbara Huntley

    Keller Williams Realty Alaska Group

    (833) 605-7079

    5632 E 40th Ave Unit E201, Anchorage, AK 99504
  • 4856 Bryn Mawr Ct Unit 3, Anchorage, AK 99508
    4856 Bryn Mawr Ct Unit 3, Anchorage, AK 99508
    4856 Bryn Mawr Ct Unit 3, Anchorage, AK 99508
    /20

    $185,500

    • 1 Bed
    • 1 Bath
    • 790 Sq Ft

    4856 Bryn Mawr Ct Unit 3, Anchorage, AK 99508

    Welcome to 4856 Bryn Mawr Court #3, an inviting second-floor condo in the highly desirable College Alps area, just two blocks from the APU trail system and minutes to the UMed district. Nestled in a quiet four-unit building, this well-maintained home offers two private balconies, a cozy fireplace, ample storage, and newer stainless-steel appliances. Secure second-floor placement providespeace of

    Tracey Thomas RMG Real Estate

    4856 Bryn Mawr Ct Unit 3, Anchorage, AK 99508
  • 4230 Folker St Unit A-103, Anchorage, AK 99508
    4230 Folker St Unit A-103, Anchorage, AK 99508
    4230 Folker St Unit A-103, Anchorage, AK 99508
    /12

    $230,000

    • 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.BTV all info

    Roger Briley Alaska Real Estate Associates, LLC

    4230 Folker St Unit A-103, Anchorage, AK 99508
  • 4109 Lynn Dr Unit 101, Anchorage, AK 99508
    4109 Lynn Dr Unit 101, Anchorage, AK 99508
    4109 Lynn Dr Unit 101, Anchorage, AK 99508
    /18

    $197,500

    • 2 Beds
    • 1 Bath
    • 804 Sq Ft

    4109 Lynn Dr Unit 101, Anchorage, AK 99508

    Updated bright condo in secured building with oversized private deck, washer/dryer, 2 bedrooms, bath with large walk in shower and seat. Take the elevator from the garage for no stairs! Very close to entrance. Great location near UAA and hospitals. Dues include everything but electric. Travel and never worry about the heat. Blocks from Alaska Club East.

    Katherine Dehoop Signature Real Estate Alaska

    4109 Lynn Dr Unit 101, Anchorage, AK 99508
Alaska Anchorage County Anchorage University Area

Condos for Sale in University Area, Anchorage

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.
Learn more about living in University Area

Home Trends in University Area, AK

On average, homes in University Area, Anchorage sell after 18 days on the market compared to the national average of 53 days. The median sale price for homes in University Area, Anchorage over the last 12 months is $345,000, up 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$345,000
Median Single Family Sale Price
$432,450
Median 2 Bedroom Sale Price
$219,000
Median 1 Bedroom Sale Price
$179,000
Average Price Per Sq Ft
$229
Number of Homes for Sale
9
Last 12 months Home Sales
95
Months of Supply
1.10
Median List Price
$345,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
How to Buy a Home How to Finance a Home How to Sell a Home

In University Area, there are currently 4 condos for sale, providing a range of options for prospective buyers. With condos ranging from $185,500 to $230,000, there's something for every budget. As of December, 2025 the median home price in University Area, Anchorage is $345,000, while the average sale price is $336,870, providing insight into local market trends. On average, condos spend 18 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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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.

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