University Area, AK Housing Market

$361,764

3.6% 1-yr

The average University Area, AK home value is $361,764, up 3.6% over the past year.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

University Area Key Takeaways

Typical Home Values: $361,764

1-year Value Change: +3.6%

(Data through November 30, 2025)

University Area Housing Market Overview

--1-year Market Forecast

18For sale inventory(November 30, 2025)

7New listings(November 30, 2025)

--Median sale to list ratio

--Median sale price(October 31, 2025)

--Median list price(November 30, 2025)

--Percent of sales over list price

--Percent of sales under list price

--Median days to pending

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Campbell Park$335,900
Russian Jack Park$238,536
Airport Heights$343,752
Tudor Area$421,807
Rogers Park$466,808
Scenic Foothills$364,198
Mountain View$265,599
Northeast$332,393
Fairview$240,220

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University Area Rental Market Trends

--Average rent in University Area

$1,925National average rent(November 30, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.