2 days on Rocket
$5,699 Closing Credit¹
#25-4124, Listing Office: Ferris Group LLC
University Area Housing Market Report March 2025•Anchorage County, Alaska
Housing Prices in University Area, AK
How much do homes in University Area, AK cost?
Median List Price
$352,000$218/SqFt
-$22,900
-6.1%
Based on all homes listed in the last 12 months
Insight
The list price of homes in University Area has decreased by 6.1% since last year.
Summary: The median home list price in University Area was $352,000 in March 2025, down 6.1% from the previous year, and the median price per square foot was $218.
Median List Price By Neighborhoods
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Russian Jack Park | $197K | $269.4K | +36.8% |
| Rogers Park | $427K | $499K | +16.9% |
| Scenic Foothills | $329.9K | $358K | +8.5% |
| University Area | $374.9K | $352K | -6.1% |
| Airport Heights | $327K | $283.9K | -13.2% |
Median List Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $159.9K | $189.9K | +18.8% |
| 22 Bedrooms | $230K | $225K | -2.2% |
| 33 Bedrooms | $387.9K | $409K | +5.4% |
| 44 Bedrooms | $409K | $402.5K | -1.6% |
| 55+ Bedrooms | $589.9K | $495K | -16.1% |
Summary: University Area housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +18.8%. The home price for 2 bedroom homes decreased by -2.2%. The home price for 3 bedroom homes increased by +5.4%. The home price for 4 bedroom homes decreased by -1.6%. The home price for 5 bedroom homes decreased by -16.1%.
How does University Area, AK compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
University Area, AK
Housing supply in University Area, AK
How many homes are available in University Area, AK?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 22Last MonthMar 2025 | ||
| 242 months agoFeb 2025 | -8.3 % Change MoMFeb – Mar |
Summary: The University Area real estate market had 22 homes for sale in Mar 2025, a 8.3 % decrease compared to Feb 2025.
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 1 | 2 | +100.0% |
| 22 Bedrooms | 13 | 12 | -7.7% |
| 33 Bedrooms | 2 | 4 | +100.0% |
| 44 Bedrooms | 2 | 0 | -100.0% |
| 55+ Bedrooms | 6 | 4 | -33.3% |
Summary: University Area housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -7.7%. The inventory for 3 bedroom homes increased by +100.0%. The inventory for 4 bedroom homes decreased by -100.0%. The inventory for 5 bedroom homes decreased by -33.3%.
Days on Market for University Area, AK
How long does it take to sell a home in University Area, AK?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in University Area are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 3 homes were sold in University Area; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 73 DaysThis YearMar 2025 | ||
| 81 Days1 year agoMar 2024 | -10.4 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in University Area had an average listing age of 73 days in Mar 2025, down by 10.4% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in University Area, AK
What homes are available in University Area, AK?
3 days on Rocket
$2,244 Closing Credit¹
#25-4073, Listing Office: RE/MAX Dynamic Properties
$2,196 Closing Credit¹
#25-3884, Listing Office: RE/MAX Dynamic Properties
$2,730 Closing Credit¹
#25-3668, Listing Office: Signature Real Estate Alaska
$5,047 Closing Credit¹
#25-3604, Listing Office: Keller Williams Realty Alaska Group
$2,196 Closing Credit¹
#25-2326, Listing Office: Real Estate Brokers of Alaska
$2,951 Closing Credit¹
#25-2304, Listing Office: RE/MAX Dynamic Properties - Eagle River Branch
#25-1094, Listing Office: North Country Investments
$2,993 Closing Credit¹
#24-14838, Listing Office: RE/MAX Dynamic Properties
Tour
$2,909 Closing Credit¹
#24-14075, Listing Office: Real Broker Wasilla
$9,203 Closing Credit¹
#24-13979, Listing Office: Jack White Commercial
#24-13823, Listing Office: Realty ONE Group Aurora
Nearby markets
Popular Cities with Homes for Sale in Alaska
MLS Disclaimers and Copyright
Based on information from Alaska MLS, for the period 04/01/2023 - 04/01/2025
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 this broker 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. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.
Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2025, 12:50:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.