University Area, AK Housing Market
The University Area housing market is very competitive. The median sale price of a home in University Area was $390K last month, up .0% since last year. The median sale price per square foot in University Area is $237, up 3.0% since last year.
University Area Housing Market Trends
In September 2025, University Area home prices were up .0% compared to last year, selling for a median price of $390K. On average, homes in University Area sell after 13 days on the market compared to 8 days last year. There were 37 homes sold in September this year, up from 33 last year.

How much is your home worth? Track your home’s value and compare it to nearby sales.

How hot is the University Area housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 15 days.
- Hot homescan sell for about 2% above list price and go pending in around 6 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 7 days.
- Hot homescan sell for about 2% above list price and go pending in around 4 days.
View houses in University Area that sold recently
Recently sold homes
- $190,000 Last List Price1 bed1 bath684 sq ft4772 Mills Dr #44, Anchorage, AK 99508List Price—Sale to List—Days on Market15 days4772 Mills Dr #44, Anchorage, AK 99508
- $469,000 Last List Price3 beds2.5 baths1,600 sq ft4060 Defiance St, Anchorage, AK 99504List Price—Sale to List—Days on Market95 days4060 Defiance St, Anchorage, AK 99504
- $375,000 Last List Price4 beds1.5 baths2,066 sq ft3541 Glenn-Don Cir, Anchorage, AK 99504List Price—Sale to List—Days on Market55 days3541 Glenn-Don Cir, Anchorage, AK 99504
- $499,950 Last List Price4 beds2 baths1,920 sq ft3809 Campbell Airstrip Rd, Anchorage, AK 99504List Price—Sale to List—Days on Market54 days3809 Campbell Airstrip Rd, Anchorage, AK 99504
- $495,000 Last List Price4 beds2 baths2,140 sq ft3316 Peace Ct, Anchorage, AK 99508List Price—Sale to List—Days on Market69 days3316 Peace Ct, Anchorage, AK 99508
- $340,000 Last List Price3 beds2 baths1,480 sq ft3116 Glenn-Don Dr, Anchorage, AK 99504List Price—Sale to List—Days on Market36 days3116 Glenn-Don Dr, Anchorage, AK 99504
- $395,000 Last List Price4 beds2 baths1,872 sq ft3026 Kerry Cir, Anchorage, AK 99504List Price—Sale to List—Days on Market57 days3026 Kerry Cir, Anchorage, AK 99504
- $339,000 Last List Price3 beds2.5 baths1,484 sq ft5531 Chilkoot Ct #4, Anchorage, AK 99504List Price—Sale to List—Days on Market49 days5531 Chilkoot Ct #4, Anchorage, AK 99504
See all recently sold homes in University Area.
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Schools in University Area
- Elementary
- Middle
- High
GreatSchools Rating
5/10 College Gate Elementary School Public • PreK-6 | 399 Students | 1 reviews |
4/10 Lake Otis Elementary School Public • PreK-6 | 302 Students | 2 reviews |
NR Alaska State School For The Deaf & Hard Of Hearing Public • PreK-12 | 30 Students | N/A |
Climate's impact on University Area housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in University Area.
Flood Factor - Moderate
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Major
Wind Factor

Wind likelihood over time
Heat Factor - Severe
Heat Factor

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