$355,120Average Value$235Average Price per Sq Ft8Homes For Sale
Why you might want to live in the University Area
Anchorage ’s University Area, also known as the U-Med District, is home to two universities and two hospitals. The University of Alaska Anchorage and Alaska Pacific University campuses are within walking distance of homes in the area, as well as the Alaska Native Medical Center and the Providence Medical Center. The neighborhood is full of healthcare and university workers, as well as nature lovers who wish to be steps away from lakes, parks and trails.
Residents like to go on jogs throughout the year along the streets of the University Area.
Shopping and dining needs can be fulfilled along Tudor Road in the University Area.
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Types of housing in the University Area
You’ll find a mix of housing styles in the neighborhood, from single-family homes to condo units. “There are typically older builds, comparatively speaking, so 20-to-30 years old,” says Clark Saunders, an agent with Herrington & Company who has been involved in Alaska real estate for over 30 years. Ranch-style homes and split-levels are most common, along with traditional two-story houses with wood siding. Townhouses, often in duplexes, and condos are available, and some feature parking garages and elevators. Many condo complexes also offer snow removal.
Lots sit on manicured lawns in the University Area.
Remodeled homes mix with contemporary styles in the University Area.
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How much it costs to buy a property
The University Area has a nearly equal split between renters and homeowners. Here are the most common price breakdowns for buyers:
• Townhouses: low $200,000s to mid-$400,000s • Single-family homes: low $300,000s to mid-$600,000s • Condos: mid-$100,000s to the upper $200,000s
Raised ranch-style homes are a popular in the University Area.
Some single-family homes in the University Area are tucked from the street.
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University Area’s amenities — restaurants, grocery stores and parks
Though the hospitals and universities are the neighborhood’s main amenities, it’s also close to shopping, dining and parks. Fast-food spots and a few local restaurants, like Uncle Joe’s Pizzeria, are available on Tudor Road. Fred Meyer is 3 miles away in Rogers Park for groceries, along with the Midtown Mall for retail and a Walmart Supercenter.
One of the main draws to the area is that it’s within walking distance of parks and trails. “The community is active and athletic, and it’s predominantly young adults,” Saunders says. You can hit the waterfront trails and beaches at Goose Lake Park or take your dog to the off-leash trails at University Lake. Smaller pocket parks, like Folker Park and Castle Heights Park, have playgrounds and workout equipment, and The Alaska Club East is an indoor exercise space with a gym, pool and athletic facilities.
University Area residents can head over to Uncle Joe's Pizzeria for a bite to eat.
Goose Lake Park is full of folks enjoying the water in the summertime in the University Area.
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Commuting and transit options
Anchorage is car dependent, but residents in the University Area have other ways to get around, as well. Here are some commuting options from the neighborhood:
• Take a People Mover bus • Walk to the hospitals or universities • Bike the Chester Creek Trail, then cut up C or A streets to reach downtown, 5 miles away • Take Northern Lights Boulevard to A Street to get downtown by car • Hop on Alaska Route 1 within 3 miles for farther trips
Numerous bus routes conveniently run through the University Area community.
Providence Medical Center plays a vital role for University Area residents.
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What the community’s like in the University Area
There are plenty of opportunities to connect and get involved with other residents. The University Area Community Council meets monthly to brainstorm ways to improve the neighborhood through various projects, like park cleanups and road improvements. Campus life also adds to the energy here. “They do concerts, sports events and outdoor bike and ski races,” Saunders says. You might explore an exhibit at APU on a First Friday art walk or root for the UAA Seawolves in sports like hockey and basketball. In September, Providence Medical Center and UAA host the UMED Farmers Market at the Alaska Airlines Center.
Taco King is a bustling restaurant when it's time for some lunch in the University Area.
The Donors Flagpole at Providence Medical Center commemorates donors in the University Area.
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Local schools for families
The University Area falls in the Anchorage School District, which offers school choice through magnet programs, open enrollment and limited out-of-district transfers. Bettye Davis East Anchorage High School is one highly rated option in the neighborhood. Holy Rosary Academy is a private prekindergarten through 12th-grade school, 4 miles away.
College Gate Elementary School is one option in the University Area.
See a Division I hockey game at the Alaska Airlines Center in the University Area of Anchorage.
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
Are you familiar with the University Area neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
University Area
US
Homicide
5
4
Sexual Assault
4
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
University Area Demographics and Home Trends
On average, homes in University Area, Anchorage sell after 21 days on the market compared to the national average of 56 days. The median sale price for homes in University Area, Anchorage over the last 12 months is $371,500, up 26% from the median home sale price over the previous 12 months.
Tri-level home with 5 bedrooms, 3.5 baths. New roof and fresh interior/exterior paint completed in 2022-2023. The main level features vaulted ceilings, a bright living room with fireplace, kitchen with breakfast nook, and formal dining with yard access. Upstairs offers 3 bedrooms, 1 full tiled bath, plus a spacious primary suite with dual closets and a tiled soaking tub. The finished basement
Investment property with plenty of space. Larger side has 3 bedrooms, 2 full baths, 2 car garage and is nearly 4000 sq ft. ''Smaller'' side has been REMODELED throughout, it has 2 bed, 2 bath and one car garage. Both have laundry, fireplaces, multiple living spaces and decks. Property is on a half-acre and the yard backs right up to the Chester Creek trails. Call to see it.
4BR single-family home featuring two separate, income-producing Airbnb units already running. Owner can live in the main home while the units generate cash flow. Great separation between living space and rentals. Turnkey operation with established performance. Perfect for house hacking or adding built-in income.
Beautifully upgraded 4-bedroom, 3.5-bath home featuring 3 living spaces, 2 fireplaces, and an impressive basement. The family room offers western exposure and abundant natural light. Spacious primary suite includes a huge walk-in closet and spa-like bath. Extensive upgrades throughout plus an oversized 2-car garage complete this exceptional home.
Located in the Burlwood Bluff community, this well-maintained townhouse offers modern construction, functional living space, and a convenient Anchorage location close to UMED, Midtown, University Lake Park, and the Alaska Botanical Garden... Home Features:" 3 bedrooms, 2.5 bathrooms" 1,431 square feet" Built in 2020" Open-concept main living area" Beautiful laminate flooring
Matthew St JohnKeller Williams Realty Alaska Group of Wasilla
2 bedroom 2 Bath condo with shared underground secure parking in the Heart of Umed, 10 minute walk to UAA/Providence Hospital or APU. Great sun filled unit with a quiet porch, wood burning fireplace, laundry room, and private storage in the garage. Remodel in 2020 includes new LVP Flooring, cabinets, counters, vanities, lighting, window coverings and plumbing fixtures (original baths in.. great
Beautiful spacious 4 bed, 2 bath split-entry home in sought-after College Gate East! Backing to peaceful Chester Creek, this nearly 2K SF home offers privacy and convenience. Recent updates are new triple-pane windows, refreshed kitchen cabinets, refinished concrete countertops, LVP flooring, lighting, plus a fully fenced yard with a shed, firepit, & planter boxes. Near schools, churches & parks
Quiet 2nd floor condo overlooking the greenbelt on northside of building with a one car garage parking. Close to the hospitals and college campus. NO DOGS ALLOWED
College View Apartment Homes offers quality, pet-friendly apartments in Anchorage, AK. Live in a comfortable studio, one- or two-bedroom home with a modern kitchen, updated appliances, open-concept layouts, spacious closets, and large windows that let in plenty of natural light.Enjoy having access to a range of community amenities, including a courtyard, a coffee station, planned social events
Rancho Tudor Apartments offers spacious, pet-friendly apartments in Anchorage, AK. Live in a studio, 1, or 2-bedroom apartment designed to meet your needs and lifestyle. Each home has large kitchens with double sinks, energy-efficient appliances, and spacious dining areas. The homes also offer large closets and come cable-ready. Take advantage of the community's amenities, including on-site
Greenbriar Apartment Homes offers comfortable, pet-friendly apartments in Anchorage, AK, near work, school, and recreation.Choose from studios, 1, or 2-bedroom apartments featuring modern kitchens with a complete appliance package and plenty of cabinet space. Your living area has ceiling fans, cozy fireplaces, and access to a private balcony. Our community amenities include on-site laundry, a
Clean, cozy 925 sqft 2 bedroom 1 bath duplex with carport/private shed. Located on a cul-de-sac that's only one block from Chester Creek trail access and the University Lake dog park! Walking to work/school is an option for the Alaska Native Medical Center, University of Alaska Anchorage (UAA), and Providence Hospital.Unit has washer, dryer and dishwasher. Laminate flooring
New listing!!! Great unfurnished three-bedroom, three-bathroom rental that backs on to Campbell Creek. Wood burning fireplace, wood burning stove, forced air heating system, second refrigerator/freezer, on cul-de-sac. Owner prefers 12 month lease. Please inquiry for other terms. Tenant responsible for utilities/internet. Application is required for each adult over 18 years old.
Wonderful 1, 2 and 3 bedroom apartments. Close to military base, parks, shopping and schools. Wonderful mountain views in select units, and upgrades throughout, such as blinds, cabinets, flooring, appliances. On-site Management on grounds, Come be a part of the Checkmate Plaza Community, today. Make this your home! PacRim Properties
Wonderful 1, 2 and 3 bedroom apartments. Close to military base, parks, shopping and schools. Wonderful mountain views in select units, and upgrades throughout, such as blinds, cabinets, flooring, appliances. On-site Management on grounds, Come be a part of the Checkmate Plaza Community, today. Make this your home! PacRim Properties
Updated 3-bedroom, 2-bath home in College Gate with hardwood floors, updated kitchen, and a large backyard featuring a deck, firepit, greenhouse, and workshop. RV parking, attached garage. Very close to UAA and area hospitals. Pets allowed. Tenant responsible for all utilities. Looking for a fast move in.Tenant Requirements:-Monthly household income has to be 2x rent amount.-No
4731 Mills - Available August 17th - Beautifully furnished top floor condo with new carpet throughout, nicely appointed full kitchen, washer/dryer in unit. Includes all utilities, internet, all house wares and linens. Located close to military bases, ANMC, Providence, and multi use trails. Pricing based on a 12-month lease. Month to month, 3- or 6-month lease accepted, $200 - $400 per
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