Eagle River, Alaska.
Typical home $490,009 (+5.3% in a year), asking rent $2,384 (+6.7%). Anchorage, AK metro.
to buy the typical home at today's mortgage rate — +$1,100 (+75%) since Jan 2020.
- 1 year
- Up $24,744 +5%
- $465,265$490,009 since Sep 2025
- 5 years
- Up $78,162 +19%
- $411,848$490,009 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Eagle River$2,572
- Alaska$2,089
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 20 years.
Typical home values in Eagle River, AK rose 5.3% over the past year — faster than the nation's +1.2%.
Asking rents in Eagle River, AK rose 6.7% over the past year — faster than the nation's +2.7%.
Owning the typical home in Eagle River runs $1,226/mo more than renting one. The gap peaked at $1,384 in Jan 2025.
That is $3,610 a month against $2,384 rent: a $2,572 mortgage payment, plus $514 property tax and $525 insurance & upkeep.
Owning vs renting — Eagle River
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,610
- Renting$2,384
- Mortgage only$2,572
Property tax · $514/mo 1.26% of value a year — the ACS 2020-2024 median bill over the median home value for Anchorage Borough, AK
Insurance & upkeep · $525/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Eagle River, Anchorage Municipality, Alaska
The Census does not count Eagle River on its own, so the figures here are Anchorage Municipality's. Half the county's households earn more than $103,284 a year and half less; 9% of the county's people live below the poverty line. 64% of the county's homes are lived in by their owners and 36% are rented. Unemployment in Anchorage Municipality was 3.0% in August 2026, and the county had 0.9% more jobs in 2025 than the year before. The most people in Anchorage Municipality work in schools and health care, then government.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Eagle River sits within Anchorage Municipality in south-central Alaska, where winters are colder than in most of the country and the summers are mild by comparison. Across Anchorage Municipality, most homes are lived in by their owners, and the typical household earns more than many across the country. Residents tend to be younger than the typical American, and the area sees a fair amount of rain and melted snow over the year.
Work. Across Anchorage Municipality, many people work in schools, hospitals and social care, or for government, and a good share work in professional and business services or in transport, warehouses and utilities. Unemployment is low and the number of jobs grew slightly last year. Commutes across the municipality tend to be short, and a good share of adults hold a four-year degree.
Things to do. Chugach State Park is a protected area a longer drive away, and the Alaska Native Heritage Center, a museum, is also a longer drive away. For a shorter trip, Alpenglow at Arctic Valley is a ski area a short drive away.
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- 108,597households
- 35.2median age
- 39%of adults have a degree
- 9%below the poverty line
- 19 mintypical commute
- 11%work from home
What people in Anchorage Municipality work in
Employed residents by industry, from the Census survey. Anchorage Municipality had 148,620 jobs in 2025, 0.9% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 21° and lows near 6°; warmest in July, with highs near 67° and lows near 48°. About 23 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Eagle River Nature Ctr weather station, 4 miles away (NOAA).
Largest workplaces in Anchorage Municipality
- Anchorage School DistrictSchool district5,389FTE
- Alaska Native Medical CenterGeneral hospital3,047FTE
- Providence Alaska Medical CenterGeneral hospital2,392FTE
- University of Alaska AnchorageUniversity or college2,176
- Alaska AirlinesScheduled air passenger transportation1,291
- ASRC Energy Services O&M KuparukOil and gas field services on a contract basis1,283
- UPSOther airport operations1,275
- State of Alaska1,135
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 328 workplaces with 20 or more staff, 55,483 people in all. School districts come from the Common Core of Data (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- AvalanchesVery high
- EarthquakesRelatively high
- LandslidesRelatively high
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Anchorage Municipality, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Anchorage Municipality and the Anchorage, AK metro.
Eagle River home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Eagle River$490,009
- Alaska$397,932
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Eagle River listings, and the typical home goes pending in 10 days — the market is heating up.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Eagle River28.85%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Eagle River10
- United States27
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Eagle River99
New listings per month
Sellers arriving at the market.
- Eagle River47
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Eagle River100.80%
Zip codes with a Eagle River address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Eagle River — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.