Zip Code 99507

Anchorage, AKAnchorage County

Real Estate Market Analysis

Q3 2025 Report
$391,578 (Zillow, Feb 2025); $409,500 median list price (June 2025)
Median Home Value
~37,000 (est.)
Population
$85,000–$90,000 (est.)
Median Income
Above average (statewide)
School District Rating

Market Statistics

Property Values

$391,578 (Zillow, Feb 2025); $409,500 median list price (June 2025)
Median Home Value
Not specified for 99507; Anchorage median rent approx. $1,800/mo (2025 est.)
Median Rent
$238 (June 2025)
Price per Sq Ft

Market Performance

Home Appreciation+3.0% (Feb 2024–Feb 2025); +7.8% median list price YoY (June 2025)
Market VelocityHomes go pending in ~11 days (Feb 2025)
Foreclosure RateNot specified for 99507; Alaska overall low

Area Information

Area SizeApprox. 33 sq mi
CountyAnchorage
Primary CityAnchorage

Housing Profile

Housing Statistics

Total Housing Units~7,000 (est.)
Owner Occupied~60% (est.)
Rental Properties~40% (est.)
Vacant UnitsLow vacancy rate; tight inventory (139 homes for sale June 2025)
New ConstructionLimited; most inventory is resale

Housing Types

Single-family homesTownhomesCondosMulti-family (limited)

Demographics

~37,000 (est.)
Population
~36 years (est.)
Median Age
$85,000–$90,000 (est.)
Median Income
Anchorage unemployment ~4.8% (2025 est.)
Employment Rate
High school grad+: ~93%; Bachelor’s+: ~35%
Education Levels
Mixed: families, professionals, some retirees
Family Composition

Education Quality

School District Performance

Above average (statewide)
District Rating
School DistrictAnchorage School District
Test ScoresAbove state average (99507 schools)
Graduation Rates~85% (Anchorage SD)

Schools in Area

  • Hanshew Middle School
  • Service High School
  • Trailside Elementary
  • Abbott Loop Elementary

Economic Factors

Employment & Business

Job GrowthStable, modest growth (Anchorage 2024–2025)
Unemployment Rate~4.8% (Anchorage, 2025 est.)
Business EnvironmentDiverse; healthcare, education, government, retail
Commercial ActivityModerate; local shopping centers, services

Major Employers

  • Providence Alaska Medical Center
  • Anchorage School District
  • Municipality of Anchorage
  • Joint Base Elmendorf-Richardson

Infrastructure & Quality of Life

Infrastructure

Transportation Access

  • Seward Highway
  • Public bus routes (People Mover)
  • Proximity to Ted Stevens Anchorage International Airport

Utilities & Services

  • Municipal water/sewer
  • Natural gas
  • Electricity (ML&P/Chugach)
  • Trash/recycling

Quality of Life

Safety & Environment

Moderate; lower than Anchorage average, but higher than national average

Good; access to parks, clean air, some winter air quality issues

Healthcare Access

  • Providence Alaska Medical Center
  • Alaska Native Medical Center
  • Urgent care clinics

Development Trends

Planned Developments

  • Small-scale residential infill
  • Retail/office renovations

Infrastructure Projects

  • Road resurfacing (2025)
  • Trail improvements

Investment Outlook

Growth Outlook

Stable, slow growth; limited land for major expansion

Investment Opportunities

  • Single-family rentals
  • Value-add renovations
  • Short-term rentals

Marketing Intelligence

Target Demographics

  • Young families
  • Healthcare professionals
  • Military personnel
  • Move-up buyers

Competitive Advantages

  • Desirable schools
  • Access to recreation
  • Stable home values

Pricing Strategies

Price slightly above Anchorage median; leverage low inventory for urgency

Common Objections & Response Strategies

Objection: High home prices compared to income

Response Strategy:

Emphasize appreciation, stability, and low days on market

Objection: Limited new construction

Response Strategy:

Highlight quality of existing homes and renovation potential

Objection: Winter weather concerns

Response Strategy:

Showcase infrastructure, snow removal, and indoor amenities

Professional Recommendations

1

Advise buyers to get pre-approved and move quickly on listings

2

Highlight school quality and outdoor amenities in marketing

3

Target move-up buyers and families with digital campaigns

4

Monitor mortgage rates and advise clients on timing

5

Network with local employers (healthcare, military) for relocation leads

Competitive Analysis

Comparable Markets

  • 99504 (East Anchorage)
  • 99516 (South Anchorage)
  • 99508 (University area)

Market Positioning

Family-friendly, mid-priced, high-demand

Competitive Advantages

  • Better school ratings than 99504
  • More affordable than 99516
  • Faster sales velocity than 99508

Price Comparison

99507 median ~$409,500 vs. Anchorage median ~$425,000 (2025)

Investment Metrics

~5.5% (est. for SFR rentals)
Cap Rates
~6% gross yield (est.)
Rental Yields
~19–20 (est.)
Price-to-Rent
Moderate; positive with 20% down, stable rents
Cash Flow
3–4% annually (2025–2027 est.)
Appreciation

Buyer Journey Insights

First-Time Buyers

Competitive; need pre-approval, act quickly, may compromise on features

Move-Up Buyers

Good selection of 3–4 bed homes; can leverage equity

Downsizers

Limited condo/townhome options; may need to look at smaller SFRs

Investors

Strong rental demand, low vacancy, moderate cap rates

Relocators

Appealing for military/healthcare; highlight community and schools

This zip code analysis was generated using comprehensive market data and AI intelligence.

Market conditions change rapidly - consult with local real estate professionals for the most current information.

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