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University Area Condos for Sale

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  • /14

    $169,900

    • 2 Beds
    • 1 Bath
    • 818 Sq Ft

    4109 Lynn Dr Unit 214, Anchorage, AK 99508

    Great sunny location at the end of the building. Unit features fireplace, lots of windows, beautiful wool berber carpet. Nice sized bedrooms. Secure garage parking is perfect for winter. Dues include everything but lights!

    Viki Kaas Homes Unlimited

    4109 Lynn Dr Unit 214, Anchorage, AK 99508
  • /23

    $189,900

    • 2 Beds
    • 2 Baths
    • 767 Sq Ft

    5018 E 43rd Ave Unit 5, Anchorage, AK 99508

    Great location with easy access to Med district and local trails. Ground floor 2 Br 2BA condo with nice Master Bedroom with walk in closet. Warm fireplace and spacious pantry. Has an outside deck and also has a storage locker. Newer updated appliances plus an on- demand hot water at sink.

    Glen Hughton Dall Realty, Inc

    5018 E 43rd Ave Unit 5, Anchorage, AK 99508

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.

Home Trends in University Area, AK

Housing Trends

Median Sale Price
$295,000
Median Single Family Sale Price
$441,500
Median 2 Bedroom Sale Price
$219,000
Median 1 Bedroom Sale Price
$182,000
Average Price Per Sq Ft
$226
Number of Homes for Sale
13
Last 12 months Home Sales
99
Months of Supply
1.60
Median List Price
$339,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-7%
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