Heidi Stephan
Alaska Statewide Realty Co
(833) 521-2014
93 Total Sales
1 in Downtown Anchorage
$120,000 Price
Downtown Anchorage
Suburban Neighborhood in Anchorage, Alaska
Anchorage Borough 99501
In the heart of Downtown Anchorage, you're at the center of small-town charm, outdoor opportunities and ample entertainment. "One of the biggest perks of living in downtown is your proximity to great dining, local retail and the Park Strip, which has a ton of activities and events," says Realtor Justin Milette of Aspire Realty Group.
Since downtown is primarily a commercial hub, you'll find that this is a largely renter-based market. New construction is scarce here, but condos overlooking the water are a significant feature. Just a few blocks over on the outskirts of downtown, you'll also find some established bungalows and cottages built in the early-to-mid 20th century. The homes tend to be constructed densely but feature ample backyard space for storage, entertainment or relaxation. Prices here are slightly more expensive than other Anchorage neighborhoods due to its prime location, ranging from $200,000 for a condo and up to $550,000 for a bungalow. But being within walking distance from downtown provides various dining and entertainment possibilities, making the price well worth it.
Students living downtown will attend schools within the Anchorage School District, including Denali Elementary School. This school uniquely offers a public Montessori curriculum with individualized programming and a preschool. Romig Middle School provides academic, extracurricular activities, including a STEM Robotic Club and a nationally placed Mathletes team. West Anchorage High School is the area's best-rated, scoring above average for college readiness on Great Schools. Students here are offered a unique language immersion program with options in Spanish and Russian.
You'll find a variety of parks downtown, with green spaces overlooking the water and distant mountains and urban parks known for their entertainment. Delaney Park is the community's largest park, also known as the Park Strip. Offering thirteen blocks of vast open fields, you'll find athletic fields, a seasonal ice rink, a rose garden, a playground and a giant steam locomotive you can explore. It's also home to seasonal, cultural, and charity events around the year, like The Anchorage Mile Run. Nearby is Town Square Park, a lovely urban park that's a great place to have lunch with a friend or hang out before a show at next door's Alaska Center for Performing Arts. The park is also home to an ice rink in the winter and concerts in the summer. If you want to watch the sunset behind Sleeping Lady Mountain, head to Elderberry Park. It's connected to the Coastal Trail that runs along the edge of the mud flats and offers gorgeous water views.
Of course, if you live downtown, you're right in the heart of all the city offers. On the weekends, you can easily shop at Anchorage Fifth Avenue Mall, attend a play at Alaska Center for Performing Arts or spend the day browsing art, science and history exhibits at Anchorage Museum. There's also no shortage of bars, cafes and restaurants here. Become a regular at Fire Island Rustic Bakeshop for a handcrafted espresso drink and house-made pastries or have an upscale dinner at Tent City Taphouse. When you want something more casual, grab a burger and beer with your trivia team at Humpy's Great Alaskan Alehouse. With just a sampling of the area's offerings, you'll see that living here is a great way to easily access the best of Anchorage.
With its cozy bungalows, community-centric parks and plenty of dining, retail and entertainment, living in Downtown Anchorage is one of the best ways to enjoy all the city's offerings.
Written By
Micaela Green
Photography Contributed By
Evan Melgren
Video By
Remi Cox
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Agents Specializing in this Area
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Heidi Stephan
-
Bill Borden
Bill Borden
High Caliber Realty
(770) 758-3089
55 Total Sales
1 in Downtown Anchorage
$589,000 Price
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Carmen Robles
Carmen Robles
Real Broker Alaska
(888) 622-4165
99 Total Sales
1 in Downtown Anchorage
$580,000 Price
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Brandy Pennington
Brandy Pennington
Responds QuicklyBrandy Pennington Anchorage Real Estate
(844) 986-2942
205 Total Sales
2 in Downtown Anchorage
$480K - $610K Price Range
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Uzzil Christian
Uzzil Christian
Responds QuicklyJack White Real Estate
(844) 849-4254
241 Total Sales
1 in Downtown Anchorage
$137,000 Price
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Jonathon Wagner
Jonathon Wagner
Responds QuicklyHerrington and Company, LLC
(888) 431-4562
92 Total Sales
3 in Downtown Anchorage
$103K - $840K Price Range
Schools
Source:
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
- 9th to 12th
- Public
- 7th to 8th
- Public
- Pre-K to 6th
- Public
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Parks in this Area
Resolution Park
Anchorage Town Square
Hostetler Park
Elderberry Park
- Trails
- Playground
Peratrovich Park
Delaney Park
Transit
Crime and Safety
| 1 - Low Crime, 10 - High Crime | Downtown Anchorage | US |
|---|---|---|
| Homicide | 6 | 4 |
| Sexual Assault | 9 | 4 |
| Assault with Weapon | 9 | 4 |
| Robbery | 9 | 4 |
| Burglary | 10 | 4 |
| Motor Vehicle Theft | 10 | 4 |
| Larceny | 10 | 4 |
| Crime Score | 9 | 4 |
Source: WhatIsMyCrimeRisk.com
Downtown Anchorage Demographics and Home Trends
On average, homes in Downtown Anchorage, Anchorage sell after 51 days on the market compared to the national average of 49 days. The median sale price for homes in Downtown Anchorage, Anchorage over the last 12 months is $238,500, up 8% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$487,000
Median Sale Price
$238,500
Median Single Family Sale Price
$475,000
Median 2 Bedroom Sale Price
$539,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
12
Median Home Sale Price YoY Change
8%
Average Price Per Sq Ft
$314
Neighborhood Facts
Number of Homes in Neighborhood
543
Number of Homes for Sale
4
Median Year Built
1967
Months of Supply
4.00
Average Single Family Home Size Sq Ft
1,720
Below the national average
1,933
Average Townhouse Size Sq Ft
2,438
Average 2 Bedroom Size Sq Ft
1,602
Average 1 Bedroom Size Sq Ft
632
Average Studio Size Sq Ft
453
Median Lot Size Sq Ft
6,969
Open Houses
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Saturday, Jun 1411am - 3pm
$529,000
- 3 Beds
- 2 Baths
- 1,800 Sq Ft
- 222 E 7th Ave
- Unit 106
Step off the elevator & enter this high-end luxurious 7th Place condo. Soak up the sun-filled open concept living, a stunning custom tiled gas fireplace, south-facing deck to enjoy from each room. Kitchen welcomes you with new appliances & tile. Updated lighting. Primary bath is out of a magazine. New carpet in two bedrooms, LVP & tile throughout. Fresh paint & trim. AC units
Wendy Wiltfong Jack White Real Estate
Distribution of Home Values
Homes for Sale
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$475,000
- 2 Beds
- 1 Bath
- 1,584 Sq Ft
- 1008 Cordova St
Charming cottage on ''Pilots Row'' with historic home designation (w/out restrictions). Original hardwood floors, new roof shingles 2024, 2018 new windows, doors (including garage), boiler, water heater, paint, moulding and trim. Great corner lot with alley access (additional parking), large lawn, gardens, and sweet private backyard patio. Full basement with lots of built-in storage.
Valerie Whitmore RE/MAX Dynamic Properties
-
$550,000
- 2 Beds
- 0.5 Baths
- 1,790 Sq Ft
- 326 W 10th Ave
Location, location, location! This lovely South Addition bungalow has been meticulously maintained and features beautiful hardwood floors, picture windows, an abundance of natural light, spacious kitchen, a huge basement to create your own space, and a big garage located off the alley, Located just a few blocks from the city center this is a great opportunity to live the Downtown Lifestyle.
Jamie Harvey Jack White Real Estate
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$650,000
- 5 Beds
- 3 Baths
- 3,280 Sq Ft
- 318 W 10th Ave
Downtown tri-plex located in the coveted neighborhood of South Addition with treelined streets, sidewalks & alleyways. Ideal location a few blocks from the hub of the city. Boasting a big front yard w/beautiful landscaping this would make a great Downtown Airbnb. Constructed when homes were built to last featuring original, custom details throughout. A one of a kind home that's a pleasure to own.
Jamie Harvey Jack White Real Estate
Homes for Rent
-
$1,275 - $1,300 per month
- McKinley Tower Apartments
- 1 Bed
- 1 Bath
- 549+ Sq Ft
- 337 E 4th Ave
- Anchorage, AK
-
-
Interested in learning more about homes in this area? Reach out to , an experienced agent in this neighborhood.
Average Home Value
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
2,948
Median Age
43
Population Density
5 ppl/acre
Population under 18
13%
Below the national average
23.8%
Population over 65
16.5%
On par with the national average
19.1%
Finances
Median Household Income
$66,681
Below the national average
$71,702
Average Household Income
$86,034
Education and Workforce
High School Graduates
90.6%
College Graduates
31.2%
Advanced Degrees
10.4%
On par with the national average
13.3%
% Population in Labor Force
54.3%
Below the national average
65.1%
Area Factors
Very Bikeable
Bike Score®
78
/ 100
Walker's Paradise
Walk Score®
92
/ 100
Good Transit
Transit Score®
52
/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Nearby Neighborhoods
South Addition
Walkable coastal community with extensive nature trails and scenic vistas
Fairview
Historic up-and-coming neighborhood between downtown and Merrill Field Airport
Airport Heights
Scenic parks and local restaurants in the shadow of Merrill Field Airport
Government Hill
An isolated community with historic character and picturesque views
North Star
City-suburb between downtown and midtown along a greenbelt of parks
Rogers Park
Natural beauty and scenic parks with plenty of amenities nearby
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