99515, Anchorage, AK

When people think of the home equity and home prices in Anchorage, Alaska, they likely think of the high prices seen in some of the more affluent neighborhoods. However, there is a great deal of variation in home equity and home prices within the 99515 zip code. In fact, while some homes within this area are worth well over a million dollars, others are worth much less.

One reason for this variation is likely due to the fact that many homes in this area were built prior to 2007, when the market began to experience significant inflation. As a result, many homes within this zip code are worth considerably less than they would be if they were built today. Additionally, there is a great deal of new development underway within the 99515 zip code which is also likely contributing to the wide range in home values.

On average, homes within this zip code are worth $269,000. However, there are a number of homes that are worth significantly more (and a number that are worth significantly less). For example, one home located in this zip code was recently sold for just $8500! In contrast, another home located in this same zip code was sold for over $1 million just two years ago. Clearly there is great variability across these properties even though they reside in close proximity to each other.