Why Live in Eagle River Valley
Eagle River Valley in Anchorage, Alaska, offers a picturesque setting with a variety of outdoor activities and scenic beauty comparable to renowned locations like Yosemite National Park. Located about 40 minutes from downtown Anchorage and adjacent to Chugach State Park, this neighborhood is ideal for those who enjoy nature. The area features a mix of housing styles, including original homesteads, log cabins, and newer custom Craftsman homes with stone exteriors and spacious porches. On the western edge, closer to the community of Eagle River, homes are typically ranch-style with built-in garages. Students in the neighborhood attend highly rated schools, including Eagle River High School, which is recognized as one of the top 10 high schools in the state and offers an engineering academy with hands-on learning opportunities.
For things to do, residents can explore numerous trails and natural areas, such as the Eagle River Nature Center, which offers trails ranging from easy to moderately strenuous, as well as yurts and cabins for overnight stays. The Mile High Saddle trailhead provides access to Mt. Magnificent with views of the Cook Inlet and Denali. Wildlife, including bears and moose, is common, so hikers should stay alert. The neighborhood also has convenient access to shopping and dining options in nearby Eagle River, including stores like Carrs, Walmart, and Fred Meyer, and local eateries such as Garcia’s Cantina & Café. The Glenn Highway provides a direct route to downtown Anchorage, though the natural allure of Eagle River Valley may make frequent trips to the city unnecessary.
Frequently Asked Questions
Is Eagle River Valley a good place to live?
Eagle River Valley is a good place to live. Eagle River Valley is considered very car-dependent with minimal transit options. Eagle River Valley has 4 parks for recreational activities. It is sparse in population with 1.0 people per acre and a median age of 37. The average household income is $165,854 which is above the national average. College graduates make up 54.1% of residents. A majority of residents in Eagle River Valley are home owners, with 17.7% of residents renting and 82.3% of residents owning their home. A
local real estate agent serving Eagle River Valley can help you decide if this neighborhood is the right one for you. Learn more on our
Eagle River Valley neighborhood guide.
How much do you need to make to afford a house in Eagle River Valley?
The median home price in Eagle River Valley is $475,000. If you put a 20% down payment of $95,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,420 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $104K a year to afford the median home price in Eagle River Valley. The average household income in Eagle River Valley is $166K.
What are the best public schools in Eagle River Valley?
The best public schools that serve Eagle River Valley are:
What are the best private schools in Eagle River Valley?
The best private schools that serve Eagle River Valley are:
What are the most popular zip codes in Eagle River Valley, Anchorage, AK?
What are the most popular neighborhoods near Eagle River Valley, Anchorage, AK?
Home Trends in Eagle River Valley, AK
On average, homes in Eagle River Valley, Anchorage sell after 24 days on the market compared to the national average of 52 days. The median sale price for homes in Eagle River Valley, Anchorage over the last 12 months is $462,000, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$462,000
Median Single Family Sale Price
$475,000
Median 2 Bedroom Sale Price
$369,500
Average Price Per Sq Ft
$249
Number of Homes for Sale
40
Last 12 months Home Sales
241
Median List Price
$475,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%
