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Farm Loop, AK

Full City Profile · Alaska · Anchorage Municipality County

3.6 /5.0
B+ Good
2,940 Population 323/sq mi density
$110,332 Median Income $46,780 per capita
$393,300 Home Value $420,936 Zillow
$1,670 Median Rent 41.3% income on rent
37°F Avg Temperature 274 sunny days/yr
182 Violent Crime/100K 2,522 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$110,332 median income, 4.6% unemployment
A+
Affordability
4.7 / 5.0
$393,300 home value, $1,670/mo rent
F
Safety
1.0 / 5.0
182 violent crimes/100K
A
Education
4.0 / 5.0
37.7% bachelor's degree or higher

Housing Overview

Median Home Value
$393,300
40% above
US avg: $281,900
Median Rent
$1,670/mo
44% above
US avg: $1,163/mo
Homeownership Rate
86.7%
33% above US avg (65.4%)
Total Housing Units
990
Median year built: 1995

Home Value by Source

Census Median
$393,300
Zillow (ZHVI)
$420,936
Median Sale Price
$464,000
Median List Price
$787,750
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

86.7%
Owner-Occupied
13.3%
Renter-Occupied
87%
13%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,061/mo
1 Bedroom
$1,194/mo
2 Bedroom
$1,467/mo
3 Bedroom
$1,941/mo
4 Bedroom
$2,304/mo
Census median rent: $1,670/mo

Market Indicators (Redfin)

Median Days on Market
69 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$255
Active Inventory
6
homes for sale

Affordability & Housing Stock

Rent Burden
41.3%
of renters spending 30%+ of income on housing
33% above US avg (31.0%)
Median Year Built
1995
Average age of housing stock: 31 years
Homeownership Rate
86.7%

Complete Housing Data

Home Values

Census Median Value$393,300
Zillow Home Value (ZHVI)$420,936
Median Sale Price$464,000
Median List Price$787,750
Price Per Sq Ft$255

Rent

Census Median Rent$1,670
FMR Studio$1,061
FMR 1-Bedroom$1,194
FMR 2-Bedroom$1,467
FMR 3-Bedroom$1,941
FMR 4-Bedroom$2,304

Market

Days on Market69
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold1
Active Inventory6
Price Per Sq Ft$255

Ownership & Stock

Owner-Occupied86.7%
Renter-Occupied13.3%
Homeownership Rate86.7%
Total Housing Units990
Median Year Built1995
Rent Burden41.3%