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Downtown Anchorage

Downtown Anchorage

Suburban Neighborhood in Anchorage, Alaska

Anchorage Borough 99501

$301,396 Average Value
$297 Average Price per Sq Ft
2 Homes For Sale

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.

Micaela Green
Written By
Micaela Green
Evan Melgren
Photography Contributed By
Evan Melgren
Remi Cox
Video By
Remi Cox

Agents Specializing in this Area

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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

Interested in learning more about homes in this area? Reach out to Heidi Stephan, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Merrill Field

8 min drive

Bus

5th Avenue & F Street WNW

Bus

5th Avenue & Gambell WNW

Bus

A Street & 3rd Avenue NNE

Bus

5th Avenue & H Street WNW

Bus

4th Avenue & Denali ESE

Bus

3rd Avenue & Barrow WNW

Bus

6th Avenue & C Street ESE

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

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$225,000
Median Single Family Price
$387,500
Median 2 Bedroom Price
$519,000
Median 1 Bedroom Price
$147,500
Average Price Per Sq Ft
$297
Number of Homes for Sale
2
Last 12 months Home Sales
13
Months of Supply
1.80
Median List Price
$249,900
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-13%

Home Facts

Number of Homes in Neighborhood
543
Median Year Built
1967
Avg. Single Family Home Size Sq Ft
1,720
Below the national average
1,936
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

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Heidi Stephan, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

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®

51 / 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

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Downtown Anchorage