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University Area Homes for Sale

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  • /43

    $495,000

    • 4 Beds
    • 2 Baths
    • 1,992 Sq Ft

    3006 Ambergate Dr, Anchorage, AK 99504

    Terrific opportunity to upsize into a spacious 4-bedroom home situated on a generous lot in a well-established East Anchorage neighborhood. Conveniently located near schools, hospitals, parks, and shopping, this home offers both comfort and accessibility for everyday living. Recent updates include a newer roof, fresh exterior paint, and an updated garage door, providing peace of mind and great

    Agent Photo

    Roger Briley

    Alaska Real Estate Associates, LLC

    (833) 762-9656

    3006 Ambergate Dr, Anchorage, AK 99504
  • /32

    $265,000 Open Wed 5PM - 7PM

    • 2 Beds
    • 2 Baths
    • 1,029 Sq Ft

    5618 E 40th Ave Unit C102, Anchorage, AK 99504

    ENJOY CHUGACH MOUNTAIN VIEWS FROM THIS SPACIOUS 2 BEDROOM, 2 BATH GROUND FLOOR CONDO! LOCATED IN BACK OF COMPLEX. NO THROUGH TRAFFIC. SINGLE CAR SHARED DETACHED GARAGE. GAS FIREPLACE ,NICE SEPARATION OF BEDROOMS, DINING SPACE OR OFFICE AREA. ALL APPLIANCES STAY. CLOSE TO MEDICAL CENTERS,RESTAURANTS, AND SHOPPING. PETS ALLOWED.

    Julie Briles RE/MAX Dynamic Properties

    5618 E 40th Ave Unit C102, Anchorage, AK 99504
  • /25

    $439,000

    • 3 Beds
    • 2.5 Baths
    • 1,597 Sq Ft

    3680 Little Bear Place Unit 8, Anchorage, AK 99504

    Move-in ready 3-story townhouse offering stunning mountain views and a highly convenient location. The main level features an open-concept kitchen, dining, and living area--perfect for everyday living and entertaining. Upstairs, you'll find all bedrooms along with a dedicated laundry area for added convenience. This unit includes all appliances, making for an easy transition. The spacious tandem

    Melissa Worrell Firebird Realty, LLC

    3680 Little Bear Place Unit 8, Anchorage, AK 99504
  • /45

    $799,000

    • 5 Beds
    • 3 Baths
    • 4,112 Sq Ft

    6294 Aldona Cir, Anchorage, AK 99504

    This is the one families wait for. Vaulted ceilings and abundant natural light highlight the open-concept great room, seamlessly connecting living, dining, and kitchen. The kitchen features custom cherry cabinetry, granite countertops, island seating, pantry, and three ovens for easy entertaining. Main-level primary suite with double vanities walk in closet and jetted tub. Main level also has 2

    James Huffman Century 21 Realty Solutions

    6294 Aldona Cir, Anchorage, AK 99504
  • /10

    $230,000

    • 2 Beds
    • 1.5 Baths
    • 1,033 Sq Ft

    5507 E 34th Ave Unit 104, Anchorage, AK 99504

    Conveniently located 2 bedroom, 1.5 bathroom condo with attached garage and private fenced yard. Vaulted living area with galley style kitchen.

    Zach Menzel Real Broker Alaska

    5507 E 34th Ave Unit 104, Anchorage, AK 99504
  • /14

    $179,000

    • 2 Beds
    • 1 Bath
    • 853 Sq Ft

    3591 Lynn Dr Unit 1, Anchorage, AK 99508

    Owner only pays electricty! Prime bedroom has 2 closets and there is new paint throughout, new windows in both bedrooms, new flooring, and new bathroom vanity! Minutes away from the hospitals, university, shopping, and JBER. Free shared laundry with only one other unit.

    Monique Manley Real Broker B Street

    3591 Lynn Dr Unit 1, Anchorage, AK 99508
  • /2

    $775,000

    • 12 Beds
    • 6 Baths
    • 6,120 Sq Ft

    3530 E 42nd Ave, Anchorage, AK 99508

    Well-maintained 6-plex with numerous recent upgrades. All units have 2 bedrooms, 1 bathroom, and have been moderately updated in the past 6-12 months. Property is fully occupied.

    Manny Rodriguez Jack White Commercial

    3530 E 42nd Ave, Anchorage, AK 99508
  • /26

    $285,000

    • 2 Beds
    • 1.5 Baths
    • 1,033 Sq Ft

    3208 Eastgate Place Unit 4, Anchorage, AK 99504

    Light, bright 2-bedroom, 1.5-bath condo features beautiful flooring, a cozy fireplace, and a kitchen that pops with unique blue cabinetry. Natural light fills the space, creating a warm and inviting feel throughout. Enjoy your own private deck and small yard-perfect for relaxing, entertaining, or letting a little fresh air in. Plus, a 1-car garage adds convenience to this move-in ready home.

    Mary Cox RE/MAX Dynamic Properties

    3208 Eastgate Place Unit 4, Anchorage, AK 99504
  • /14

    $419,000

    • Land
    • 1.64 Acres
    • $255,488 per Acre

    000 Wesleyan Dr, Anchorage, AK 99508

    1.64 acres in the Heart of Anchorage. Rare, large, not wet, utilities in street and power in back, Multi Family OK, R2M=up to 15 residential units per acre. Across the street from James Vernon Nash Park. Large enough lot to have your own Well and Septic, Address shows E24 Ave, that is no Longer available.

    Lee Mitchell Elite Real Estate Group

    000 Wesleyan Dr, Anchorage, AK 99508
  • /45

    $229,000

    • 2 Beds
    • 1.5 Baths
    • 1,196 Sq Ft

    3209 Eastgate Place Unit 104, Anchorage, AK 99504

    Beautiful Eastside turnkey condo. With a wonderful U-Med location, you'll be close to schools, JBER, hospitals & shopping. This reverse style floor plan features the bedrooms and full bath on the main floor with the kitchen and living areas located upstairs. You'll enjoy the wood-burning fireplace, the large deck off of the dining area along with the covered carport & fenced yard.

    Cody Morey Real Broker Alaska

    3209 Eastgate Place Unit 104, Anchorage, AK 99504
  • /39

    $535,000 Open Sun 1PM - 4PM

    • 3 Beds
    • 2.5 Baths
    • 1,987 Sq Ft

    5553 College Meadow Cir, Anchorage, AK 99504

    VA assumable loan at 2.75% Move-in ready with all the big-ticket upgrades DONE! This home features a new roof, new gutters, fresh exterior/interior paint, ALL new windows by Renewal by Andersen, and a new water heater installed 2025. Enjoy energy efficiency with a 4+ energy rating and abundant natural light throughout. Located on a quiet dead-end cul-de-sac with NO HOA and just minutes from base.

    Tamara Garner Berkshire Hathaway HomeServices Alaska Realty

    5553 College Meadow Cir, Anchorage, AK 99504

Why Live in University Area

University Area combines residential and retail spaces in Anchorage, Alaska, making it a convenient neighborhood for those who work in nearby universities and hospitals. Both the University of Alaska Anchorage and Alaska Pacific University are within walking distance, and Providence Alaska Medical Center and Alaska Native Medical Center provide residents with their health care needs. There are a variety of local dining establishments, including Uncle Joe’s Pizzeria and Thai Kitchen, as well as a Fred Meyer grocery store nearby. Condos and ranch-style homes are most common, but there are also some traditional and split-level houses in the area. Students attend College Gate Elementary, Wendler Middle School and Bettye Davis East Anchorage High School. Goose Lake has a playground, a basketball court and wildlife such as Canadian geese, and many people go dog sledding at University Lake during the winter. There’s also a small green space at Castle Heights Park and Folker Park. The Northern Lights, Tudor and Lake Otis bus routes all pass through the area.

Frequently Asked Questions

Is University Area a good place to live?
University Area is a good place to live, receiving 3.5 stars from its residents. University Area is considered car-dependent and very bikeable with minimal transit options. University Area is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. University Area has 7 parks for recreational activities. It is fairly sparse in population with 5.8 people per acre and a median age of 35. The average household income is $106,638 which is above the national average. College graduates make up 33.3% of residents. A majority of residents in University Area are home owners, with 49.4% of residents renting and 50.6% of residents owning their home. A local real estate agent serving University Area can help you decide if this neighborhood is the right one for you. Learn more on our University Area neighborhood guide.
Is University Area, AK a safe neighborhood?
University Area, AK is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in University Area?
The median home price in University Area is $372,450. If you put a 20% down payment of $74,500 and had a 30-year fixed mortgage with an interest rate of 6.46%, your estimated principal and interest payment would be $1,880 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $81K a year to afford the median home price in University Area. Learn how much home you can afford with our Home Affordability Calculator. The average household income in University Area is $107K.
What are the best public schools in University Area?
The best public schools that serve University Area are:
What are the best private schools in University Area?
The best private schools that serve University Area are:
What are the most popular zip codes in University Area, Anchorage, AK?
The most popular zip codes in University Area, Anchorage, AK include 99508, 99507, 99504, 99503 and 99515.
What are the most popular neighborhoods near University Area, Anchorage, AK?
The most popular neighborhoods near University Area, Anchorage, AK are Russian Jack Park, Campbell Park, Airport Heights, Northeast Anchorage and Abbott Loop.

Home Trends in University Area, AK

Housing Trends

Median Sale Price
$375,000
Median Single Family Sale Price
$443,000
Median 2 Bedroom Sale Price
$230,000
Median 1 Bedroom Sale Price
$179,500
Average Price Per Sq Ft
$236
Number of Homes for Sale
9
Last 12 months Home Sales
103
Months of Supply
1.00
Median List Price
$372,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
20%
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