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University Area Homes for Sale

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  • /35

    $470,000

    • 5 Beds
    • 3.5 Baths
    • 2,678 Sq Ft

    4170 Defiance St, Anchorage, AK 99504

    Tri-level home with 5 bedrooms, 3.5 baths. New roof and fresh interior/exterior paint completed in 2022-2023. The main level features vaulted ceilings, a bright living room with fireplace, kitchen with breakfast nook, and formal dining with yard access. Upstairs offers 3 bedrooms, 1 full tiled bath, plus a spacious primary suite with dual closets and a tiled soaking tub. The finished basement

    Agent Photo

    Carmen Robles

    Real Broker Alaska

    (844) 820-1171

    4170 Defiance St, Anchorage, AK 99504
  • /25

    $189,000

    • 2 Beds
    • 1 Bath
    • 816 Sq Ft

    4109 Lynn Dr Unit 114, Anchorage, AK 99508

    Spacious 816 SF first-floor SW-facing corner unit, laminate flooring throughout, & all appliances incl. Enjoy secure building access, elevator service, in-unit laundry, and heated garage parking sp #37. HOA dues include heat, water/sewer, refuse, basic cable, snow removal, ext maintenance, & insurance. Convenient midtown location near UAA, hospitals, shopping, dining, parks, & major commuter route

    Laura Cantrell Cantrell Real Estate & Property Management Inc

    4109 Lynn Dr Unit 114, Anchorage, AK 99508
  • /21

    $795,000

    • 5 Beds
    • 4 Baths
    • 4,990 Sq Ft

    4038 Vance Dr, Anchorage, AK 99508

    Investment property with plenty of space. Larger side has 3 bedrooms, 2 full baths, 2 car garage and is nearly 4000 sq ft. ''Smaller'' side has been REMODELED throughout, it has 2 bed, 2 bath and one car garage. Both have laundry, fireplaces, multiple living spaces and decks. Property is on a half-acre and the yard backs right up to the Chester Creek trails. Call to see it.

    Michael Liebner Jack White Real Estate

    4038 Vance Dr, Anchorage, AK 99508
  • /54

    $729,000

    • 4 Beds
    • 4 Baths
    • 2,876 Sq Ft

    4128 Wright St, Anchorage, AK 99508

    4BR single-family home featuring two separate, income-producing Airbnb units already running. Owner can live in the main home while the units generate cash flow. Great separation between living space and rentals. Turnkey operation with established performance. Perfect for house hacking or adding built-in income.

    Jerrett Chambers Chambers Real Estate Services

    4128 Wright St, Anchorage, AK 99508
  • /41

    $460,000

    • 4 Beds
    • 2 Baths
    • 1,988 Sq Ft

    2928 Ambergate Dr, Anchorage, AK 99504

    Spacious 4BR, 2BA split-entry home in desirable Collegegate East! Features 1,988 SF, attached 2-car garage, fenced backyard backing to Chester Creek, and recent updates including freshly painted kitchen cabinets, refinished concrete countertops, flooring, lighting, and mechanical improvements. Great opportunity own a home in prime East Anchorage

    Ariel Valenzuela Jack White Commercial

    2928 Ambergate Dr, Anchorage, AK 99504
  • /22

    $475,000

    • 4 Beds
    • 2 Baths
    • 2,382 Sq Ft

    3021 Campbell Airstrip Rd, Anchorage, AK 99504

    Here's an excellent property currently available in the well-established College Gate neighborhood. This home is conveniently located near several hospitals, offers a quick commute to JBER, and is close to many local parks. The residence features four bedrooms, two bathrooms, and several modern updates, while still providing plenty of room for a new owner to add their personal style. The layout

    Tina B Steenmeyer Herrington and Company, LLC

    3021 Campbell Airstrip Rd, Anchorage, AK 99504
  • /33

    $180,000

    Open Sat 1PM - 4PM
    • 2 Beds
    • 1 Bath
    • 785 Sq Ft

    4109 Lynn Dr Unit 107, Anchorage, AK 99508

    IMAGINE coming home to a bright and inviting condo featuring beautiful new flooring, a sunny private deck perfect for morning coffee or evening relaxation, and the convenience of in-unit laundry. Natural light fills the living space, creating a warm and welcoming atmosphere. Enjoy comfortable, low-maintenance living close to shopping, dining, parks, and everyday conveniences.

    Joslyn Blanchard Jack White Real Estate

    4109 Lynn Dr Unit 107, Anchorage, AK 99508

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 somewhat dense in population with 6.0 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% of residents renting and 51% 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 $375,000. If you put a 20% down payment of $75,000 and had a 30-year fixed mortgage with an interest rate of 6.47%, your estimated principal and interest payment would be $1,890 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, 99504, 99507, 99515 and 99501.
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 Rogers Park.

University Area Home Prices vs. Nearby Anchorage, AK Neighborhoods

University Area Mountain View North Star Spenard
Median Home Price
$375,000
$329,000
$259,500
$359,000
Median Sale Price
$375,000
+21% YoY
$315,000
+14% YoY
$228,500
-37% YoY
$354,500
+33% YoY
Median Single Family Price
$448,000
$315,000
$370,000
$390,000
Median Townhouse Price
$795,000
$395,000
$600,000
$334,000
Median Condo Price
$230,000
$195,000
$219,000
$220,000
Total Active Listings
7
10
5
13
Market Conditions
1 Months
Seller's Market
6 Months
Balanced Market
2 Months
Seller's Market
2 Months
Seller's Market
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