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University Area Homes for Sale

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  • 4170 Defiance St, Anchorage, AK 99504
    4170 Defiance St, Anchorage, AK 99504
    4170 Defiance St, Anchorage, AK 99504
    /27

    $470,000

    • 5 Beds
    • 3.5 Baths
    • 2,677 Sq Ft

    4170 Defiance St, Anchorage, AK 99504

    Enjoy Reflection Lake View from your porch! Tri-level home with 5 bedrooms and 3.5 tiled baths. New roof, fresh interior, exterior paint have been completed within the last 3 years. Bright living room with vaulted ceilings and a fireplace, a formal dining area, and an open kitchen with a breakfast bar and eat-in nook.The primary suite includes double closets, skylights, and a soaking tub.

    Agent Photo

    Carmen Robles

    Real Broker Alaska

    (833) 362-8185

    4170 Defiance St, 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
  • 5934 Kody Dr Unit 7, Anchorage, AK 99504
    5934 Kody Dr Unit 7, Anchorage, AK 99504
    5934 Kody Dr Unit 7, Anchorage, AK 99504
    /53

    $450,000

    • 4 Beds
    • 3 Baths
    • 2,871 Sq Ft

    5934 Kody Dr Unit 7, Anchorage, AK 99504

    Tri-level townhouse in a prime location! With 4 bedrooms and 3 baths, there's plenty of space for families or those needing extra room. Enjoy a vaulted main living area, a lower-level family room, and unfinished storage space. Quick access to JBER, UAA, hospitals, and nearby amenities makes this a convenient choice.

    Daniel Potts RealtySimple

    5934 Kody Dr Unit 7, Anchorage, AK 99504
  • 4246 Laurel St, Anchorage, AK 99508
    4246 Laurel St, Anchorage, AK 99508
    /2

    $1,121,176

    • Land
    • 1.12 Acres
    • $1,001,050 per Acre

    4246 Laurel St, Anchorage, AK 99508

    Development opportunity in the U-MED District. Approx. 1.12 acres of R-O zoned land in premier location. Buyer to perform own due diligence including suitability for Buyers intended use. Surveys available.

    Curt Nading Commercial Real Estate Alaska, LLC

    4246 Laurel St, Anchorage, AK 99508
  • 000 Delwood Place, Anchorage, AK 99504
    000 Delwood Place, Anchorage, AK 99504
    000 Delwood Place, Anchorage, AK 99504
    /3

    $165,000

    • Land
    • 0.17 Acre
    • $970,588 per Acre

    000 Delwood Place, Anchorage, AK 99504

    READY to build on. fantastic gravel soils, nice view, great area. Super convenient to UMED and bases. Lot is excavated for a daylight basement. All utilities and good to go! This is a resale from the original purchaser! Newer expensive homes on the culdesac.

    Steve Karcz North Country Investments

    000 Delwood Place, Anchorage, AK 99504
  • 3651 Mirage Cir, Anchorage, AK 99504
    3651 Mirage Cir, Anchorage, AK 99504
    3651 Mirage Cir, Anchorage, AK 99504
    /38

    $398,500

    • 3 Beds
    • 2 Baths
    • 1,332 Sq Ft

    3651 Mirage Cir, Anchorage, AK 99504

    Lovely East side family home recently updated throughout. New interior and exterior paint, new light fixtures, new hardware, this one really shines! Open concept floorplan with Master, Kitchen, Living upstairs, and two additional bedrooms downstairs. Quiet cul-de-sac with easy access to shopping and bases. Flat fenced-in back yard with two gate access and raspberries.

    Jacob Sebring Real Broker Alaska

    3651 Mirage Cir, Anchorage, AK 99504
  • 000 Wesleyan Dr, Anchorage, AK 99508
    000 Wesleyan Dr, Anchorage, AK 99508
    000 Wesleyan Dr, Anchorage, AK 99508
    /14

    $419,000

    • Land
    • 1.64 Acres
    • $255,488 per Acre

    000 Wesleyan Dr, Anchorage, AK 99508

    1.64 acres in the Heart of Anchorage. Rare, large, not wet, utilities in street and power in back, Multi Family OK, R2M=up to 15 residential units per acre. Across the street from James Vernon Nash Park. Large enough lot to have your own Well and Septic, Address shows E24 Ave, that is no Longer available.

    Lee Mitchell Elite Real Estate Group

    000 Wesleyan Dr, Anchorage, AK 99508
  • 3209 Eastgate Place Unit 104, Anchorage, AK 99504
    3209 Eastgate Place Unit 104, Anchorage, AK 99504
    3209 Eastgate Place Unit 104, Anchorage, AK 99504
    /45

    $249,000

    • 2 Beds
    • 1.5 Baths
    • 1,196 Sq Ft

    3209 Eastgate Place Unit 104, Anchorage, AK 99504

    Beautiful Eastside turnkey condo. With a wonderful U-Med location, you'll be close to schools, JBER, hospitals & shopping. This reverse style floor plan features the bedrooms and full bath on the main floor with the kitchen and living areas located upstairs. You'll enjoy the wood-burning fireplace, the large deck off of the dining area along with the covered carport & fenced yard.

    Cody Morey Real Broker Alaska

    3209 Eastgate Place Unit 104, Anchorage, AK 99504
  • 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
  • 3973 Defiance St, Anchorage, AK 99504
    3973 Defiance St, Anchorage, AK 99504
    3973 Defiance St, Anchorage, AK 99504
    /3

    $485,000

    • 4 Beds
    • 3 Baths
    • 1,526 Sq Ft

    3973 Defiance St, Anchorage, AK 99504

    Completely remodeled, basically new construction 4 bedroom, 2.75 bathroom home, oversized 2 car garage with 8' overhead doors. Brand new: heating system, roof, studs on upper level, roof trusses, windows, doors, hard box and soft close cabinets, Quartz countertops, interior and exterior paint, and flooring. Estimated completion date is 12/31/25.

    Adrian Jaime Real Broker Alaska

    3973 Defiance St, Anchorage, AK 99504
  • 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

    Barbara Huntley Keller Williams Realty Alaska Group

    5632 E 40th Ave Unit E201, Anchorage, AK 99504
Alaska Anchorage County Anchorage University Area

Real Estate & Homes 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

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 very car-dependent and somewhat bikeable with some 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 $345,000. If you put a 20% down payment of $69,000 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $1,690 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $72K 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 99501.
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, Northeast Anchorage, Airport Heights and Scenic Foothills.

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%
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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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