As your residential real estate expert, I’d like to share a brief market update as we approach the spring season—traditionally one of the busiest times for home sales in Anchorage. This is a great opportunity to reflect on how the local market has performed over the past year and what it means for homeowners in our community.
Because North DeArmoun Living is distributed within defined neighborhood boundaries, and Modern Igloo utilizes advanced grid-mapping analysis, we are able to provide highly localized and relevant housing data. The information below reflects all residential sales within the magazine’s delivery area, so any neighbors who bought or sold in the past year are included in these figures.
Over the last 12 months, a total of 109 homes sold within our area. Monthly activity ranged from a high of 21 sales in September 2025 to five sales in December 2025. Please note that sales are recorded at closing—when ownership transfers—which typically occurs 30–60 days after an offer is accepted.
Looking back to March 2025, the median sale price across homes priced between $400,000 and $999,999 was $661,348. One multimillion-dollar transaction was excluded as an outlier to maintain a more accurate representation of the typical market.
Market pace has also shifted toward a more balanced environment. One year ago, homes were selling in an average of six days on market. By September 2025, the average stabilized at 21 days, then lengthened slightly during the winter months as many sellers chose to wait for the traditional spring increase in buyer activity.
To provide additional insight into financing trends and interest rates, local lender Tiera Maillet will share a brief update.
“Local mortgage interest rates have stayed elevated compared with the historically low levels seen during the pandemic but have eased modestly compared with a year ago. As of mid-February 2026, typical 30-year fixed mortgage rates in the Anchorage area are roughly about 5.5–6.2% for well-qualified borrowers, with 15-year fixed rates in the low-5 % range and some adjustable-rate options slightly lower or higher depending on product and lender.
“After peaking above 7% in many markets in 2024-2025, mortgage rates nationally and in Alaksa have trended downward through early 2026. Which has slightly improved affordability and stimulated more purchase and refinance activity compared to last year.
“If you’re wondering what today’s rates mean for your budget and buying power, don’t guess. Reach out to Tiera Maillet at 907-441-1491. to run the numbers for your situation and see what’s possible. A quick conversation could save you hundreds per month — and give you a clear plan forward. Let’s make it happen.”
Tiera Maillet NMLS#1728579 with Residential Mortgage, LLC NMLS#167729
Jack White Real Estate | 907.529.2059 | modernigloo.jackwhite.com
