States › Alaska
State
Alaska
10 counties with an index · 4 metro and micro areas · 31 ZIP codes · 14 permit-issuing places · 737,270 residents (2025 est.)
FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line is FHFA's standard quarterly all-transactions index; the comparison table uses FHFA's annual state index from the same family. The index does not give a dollar value for any home.
Alaska's FHFA house price index starts in 1975. Through 2025 it has risen +580.7%; over the ten years to 2025 the rise was +52.4% (+4.3% a year), well below the national +85.0%.
The quarterly index through 2026 Q2 is +3.9% on a year earlier and 0.0% on the quarter; nationally +3.0% and +1.1%.
814 housing units were authorised in Alaska in the 12 months to August 2026, 1.1 per 1,000 residents against 4.1 nationally; that is −14.8% on the previous 12 months. 10 counties, 4 metro and micro areas, 31 ZIP codes and 14 permit-issuing places in the state have their own pages.
Same span, state and nation
| Change in the FHFA index | Alaska | United States |
|---|---|---|
| 1 year (2024–2025) | +4.1% | +2.8% |
| 5 years (2020–2025) | +39.3% | +47.0% |
| 10 years (2015–2025) | +52.4% | +85.0% |
| 20 years (2005–2025) | +85.1% | +79.1% |
| Since 2000 | +160.2% | +158.3% |
| Since 1975 | +580.7% | +960.7% |
| 10-year annualised | +4.3% | +6.3% |
| 20-year annualised | +3.1% | +3.0% |
Decade by decade
| Decade | Change | United States | |
|---|---|---|---|
| 1980s (1980–1990) | +26.0% | +68.2% | |
| 1990s (1990–2000) | +50.5% | +33.9% | |
| 2000s (2000–2010) | +56.5% | +29.7% | |
| 2010s (2010–2020) | +19.4% | +35.5% | |
| 2020s so far (2020–2025) | +39.3% | +47.0% |
FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.
Peak-to-low declines
| Peak | Low | Decline | Peak regained |
|---|---|---|---|
| 1984 | 1989 | −26.3% | 1996 |
Purchase-only index
FHFA also publishes a purchase-only index, built from sales prices alone (no refinance appraisals). It starts in 1991 and is drawn here on its own base.
Counties
Ranked by ten-year change in FHFA's annual county index to 2025. Permits are housing units authorised in the 12 months to August 2026.
| County | 1 year | 10 years | Since 2000 | Units, 12 months | Per 1,000 | Index through |
|---|---|---|---|---|---|---|
| Kenai Peninsula Borough | +4.6% | +71.8% | +184.6% | 184 | 3.0 | 2025 |
| Matanuska-Susitna Borough | +5.3% | +71.2% | +162.5% | 77 | 0.6 | 2025 |
| Sitka City and Borough | −6.5% | +59.3% | +172.3% | 8 | 1.0 | 2025 |
| Fairbanks North Star Borough | +5.0% | +54.9% | +130.2% | 18 | 0.2 | 2025 |
| Juneau City and Borough | +6.1% | +54.1% | +155.6% | 86 | 2.7 | 2025 |
| Ketchikan Gateway Borough | −6.3% | +52.8% | +151.7% | 68 | 5.0 | 2025 |
| Petersburg Borough | +8.3% | +44.5% | — | 6 | 1.8 | 2021 |
| Anchorage Municipality | +4.0% | +41.7% | +159.1% | 287 | 1.0 | 2025 |
| Chugach Census Area | +3.9% | +41.4% | — | 17 | 2.6 | 2022 |
| Kodiak Island Borough | −4.7% | +38.1% | +159.3% | 5 | 0.4 | 2025 |
Metro and micropolitan areas
Areas with any county in Alaska; multi-state areas appear under each of their states.
| Area | Type | 1 year | 10 years | Year to 2026 Q2 | Units, 12 months |
|---|---|---|---|---|---|
| Fairbanks-College, AK | Metro | +5.0% | +54.9% | +2.8% | 18 |
| Juneau, AK | Micro | +6.1% | +54.1% | — | 86 |
| Ketchikan, AK | Micro | −6.3% | +52.8% | — | 68 |
| Anchorage, AK | Metro | +4.4% | +49.9% | +4.5% | 364 |
Building permits
Housing units authorised in Alaska by month, latest 60 monthssingle-family2+ unit buildings
Housing units authorised in Alaska by year, 1995–2025single-family2+ unit buildings
Single-family share of the latest 12 months: 56% (63% nationally). Since 1995: 55,785 units.
Year by year
Each year's index change and permits, with every county's figures for that year.
| Year | Alaska index | US index | Units permitted | Single-family |
|---|---|---|---|---|
| 2025 | +4.1% | +2.8% | 848 | 573 |
| 2024 | +4.7% | +4.9% | 1,032 | 446 |
| 2023 | +6.8% | +5.7% | 937 | 599 |
| 2022 | +12.2% | +15.5% | 578 | 471 |
| 2021 | +6.6% | +11.6% | 1,552 | 1,158 |
| 2020 | +2.4% | +3.0% | 1,420 | 1,019 |
| 2019 | +2.1% | +4.2% | 1,680 | 1,147 |
| 2018 | +1.5% | +5.7% | 1,677 | 1,227 |
| 2017 | +1.3% | +5.4% | 1,539 | 1,127 |
| 2016 | +1.9% | +5.3% | 1,503 | 1,035 |
| 2015 | +3.0% | +4.4% | 1,298 | 992 |
| 2014 | +2.6% | +6.2% | 1,518 | 1,125 |
| 2013 | +2.5% | +3.4% | 1,079 | 877 |
| 2012 | +0.2% | −1.8% | 994 | 818 |
| 2011 | +0.4% | −4.4% | 877 | 713 |
| 2010 | −0.4% | −5.1% | 904 | 753 |
| 2009 | −1.3% | −7.5% | 916 | 617 |
| 2008 | −0.4% | −4.5% | 901 | 667 |
| 2007 | +3.4% | +0.6% | 1,706 | 984 |
| 2006 | +10.0% | +6.6% | 2,739 | 1,612 |
| 2005 | +12.6% | +12.4% | 2,885 | 1,653 |
| 2004 | +10.3% | +9.2% | 3,133 | 1,771 |
| 2003 | +3.3% | +4.5% | 3,531 | 1,740 |
| 2002 | +4.5% | +5.4% | 3,003 | 1,702 |
| 2001 | +4.8% | +6.7% | 2,939 | 1,787 |
| 2000 | +2.3% | +8.3% | 2,147 | 1,607 |
| 1999 | +3.7% | +4.3% | 2,211 | 1,539 |
| 1998 | +2.4% | +3.7% | 2,874 | 2,010 |
| 1997 | +3.0% | +3.8% | 2,560 | 1,889 |
| 1996 | +4.0% | +3.2% | 2,640 | 1,810 |
| 1995 | +4.9% | +3.7% | 2,164 | 1,657 |
Cities issuing the most permits
Housing units authorised in the 12 months to August 2026; every place is listed on its county page.
- Municipality of Anchorage 287
- Juneau city and borough 86
- Ketchikan Gateway Borough 68
- Homer 58
- Kenai 58
- Wasilla 55
- Soldotna 42
- Seward 25
- Hoonah 18
- Houston 15
- Cordova 13
Questions and answers
How much have home values in Alaska risen over 10 years?
The FHFA index rose +52.4% between 2015 and 2025, +4.3% a year; over 20 years +85.1% and since 2000 +160.2%. Nationally: +85.0%, +79.1% and +158.3%.
Which Alaska counties rose most over 10 years?
Kenai Peninsula Borough (+71.8%), Matanuska-Susitna Borough (+71.2%) and Sitka City and Borough (+59.3%), by FHFA's annual county index to 2025.
What happened to Alaska home prices in 2008?
The state index shows no decline of 5% or more from a 2005–2008 peak.
How many homes are being built in Alaska?
814 units were authorised in the 12 months to August 2026: 453 single-family and 361 in multi-unit buildings, 1.1 per 1,000 residents.
Where does this data come from?
FHFA's quarterly all-transactions state index (through 2026 Q2) and annual state index (updated March 31, 2026); the Census Bureau's Building Permits Survey state and county files through August 2026; vintage 2025 population estimates.
Provenance
Index: Federal Housing Finance Agency, quarterly all-transactions and purchase-only state indexes through 2026 Q2 and annual state index (updated March 31, 2026). Permits: Census Bureau Building Permits Survey state, county and place files through August 2026. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.