South Addition, Anchorage Real Estate & Homes For Sale

22 homes

Real Estate & Homes For Sale Near South Addition, Anchorage, AK

We found 30 more homes matching your filters just outside South Addition

South Addition, Anchorage, AK Real Estate Trends

Learn about the South Addition, Anchorage, AK housing market through trends and averages.

Affordability of Living in South Addition, Anchorage, AK

The median home value is $505,550
MonthMedian home value
September 2025$476k
October 2025$480k
November 2025$481k
December 2025$482k
January 2026$483k
February 2026$485k
March 2026$487k
April 2026$489k
May 2026$493k
June 2026$497k
July 2026$502k
August 2026$506k
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Trends and affordability stats are provided by third party data sources.

Average Home Value in South Addition, Anchorage, AK, by Home Size

Home SizeHome Value*
1 bedroom (See homes)$226,660
2 bedrooms (See homes)$425,122
3 bedrooms (See homes)$603,939
4 bedrooms (See homes)$742,023
*Home value over the past month

Explore the Neighborhood

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Neighborhood stats provided by third party data sources.

What Locals Say about South Addition

  • Pizzablanket
    South Addition, Anchorage
    "South addition is a fairly safe neighborhood with a good school"
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  • Trulia User
    South Addition, Anchorage
    "it was once called the red light district. lol but as time has past the community clean it up quite nicely."
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  • Trulia User
    South Addition, Anchorage
    "this is a great neighborhood. my father in law used to live in this area and it was quite amazing. he loved the area."
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  • Caio P. R.
    South Addition, Anchorage
    "Friendly and calm. It is very close to parks and the downtown. Good neighborhood for families. But don’t leave things in the yard that they can disappear. "
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  • Abbyak
    South Addition, Anchorage
    "Good area to live, very quiet and peaceful. Unlike the rest of downtown lol. It is a great neighborhood "
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  • Jdb4100
    South Addition, Anchorage
    "It’s very dog friendly. People even put water bowls out front of their yards for those passing by. Great trails and a dog park nearby too! "
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  • Richard M.
    South Addition, Anchorage
    "Great location, great people, good for walking or biking to almost anything you need. Close to downtown, access to Coastal Trail. Friendly. "
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  • Gbgq y. c.
    South Addition, Anchorage
    "I feellike our neighbors look out for each other. I walk my little dog every day and night and we often see other dogs and owners. The neighbors are friendly and helpful. The proximity to the museum, mall, and restaurants, the Fire Island Bakery and Sagaya makes it a wonderful location."
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  • Jean C.
    South Addition, Anchorage
    "This is a great place to live with City Markets regular crowd of characters. The coastal trail at the end of the street leading to Westchester lagoon, hiking, biking, running, or walking. All friendly locals who love to walk everywhere. And then they put in Fire Island bakery around the corner....what a treat!"
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Learn more about South Addition

See information on schools, amenities and more.See South Addition Insights

Browse South Addition, Anchorage, AK homes by type

The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Zillow, Inc. are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2026 Alaska Multiple Listing Service, Inc. All rights reserved.