Using data from the Zillow Home Value Index , you can explore the 25 most affordable neighborhoods in Alaska as of March 2025. What you’ll find might surprise you – Alaska’s real estate market shows fascinating patterns of growth over the past 15 years, with neighborhoods in Anchorage, Wasilla, Juneau, and Fairbanks all making the list.
You’ll notice that despite being the “least expensive,” these neighborhoods have experienced substantial growth, with an average price increase of 15.90% just in the last five years. Particularly interesting is how Matanuska-Susitna Borough neighborhoods like Tanaina and North Lakes have seen some of the most dramatic value increases, nearly doubling in value since 2010, while some Anchorage neighborhoods have maintained more modest growth trajectories…