Commercial Real Estate Market in Alaska
Alaska has 686 active for-sale listings and 763 active for-lease listings. Statewide, the median asking price is $187/SF and the median asking rent is $23.25/SF/Yr as of November 2026. Realmo tracks 6 city markets here; among the 6 with enough listings to rank, median asking prices range from $178/SF in Anchorage to $242/SF in Kenai.
- Median asking price
- $187/SF
- Median asking rent
- $23.25/SF/Yr
- For-sale listings
- 686
- For-lease listings
- 763
- City markets
- 6
Highest- and Lowest-Priced Markets
Kenai and Anchorage are $63/SF apart on asking price. The figures below are median asking prices from live listings, not closed sales.
Commercial Real Estate Markets in Alaska
Realmo tracks 6 city markets in Alaska, listed below by active listings. Anchorage leads with 819 active listings, followed by Wasilla and Kenai.
| City | Active Listings | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|---|
| Anchorage | 819 | $178 | $19.80 |
| Wasilla | 166 | $196 | $32.65 |
| Kenai | 52 | $242 | — |
| Soldotna | 31 | $203 | — |
| Ketchikan | 30 | $214 | — |
| Palmer | 26 | $210 | — |
Same method as the statewide figures. A dash means fewer than 10 listings with a usable price.
Frequently Asked Questions
What is the median price per square foot for commercial property in Alaska?
The median asking price for commercial property statewide is $187/SF as of November 2026, based on 545 of the 686 active for-sale listings that state a price per square foot. These are asking prices from live listings, not closed-sale prices.
How much does it cost to lease commercial space in Alaska?
The median asking rent for commercial space statewide is $23.25/SF/Yr as of November 2026, based on 44 of the 763 active for-lease listings that state a rent per square foot. At that rate, 2,000 SF would cost about $3,880 a month in asking rent. Whether taxes, insurance and maintenance are included varies by listing, so compare lease terms on each one.
Which cities have the highest and lowest commercial property prices?
Which markets in Alaska have the most active listings?
Where does Realmo's market data come from?
Realmo compiles these figures from 686 active for-sale listings and 763 active for-lease listings in its public listing index. Statewide and neighboring-state figures refresh hourly and city figures daily; last updated 6 November 2026.
Methodology and Data Sources
- Listing coverage
- Asking figures come from 686 active for-sale and 763 active for-lease listings across Alaska in Realmo's public listing index. They are asking prices, not closed-transaction prices. Sale and lease counts are separate and may overlap. Land listings are not counted. The medians are based on the 545 for-sale and 44 for-lease listings that state a price or rent per square foot.
- Asking prices and rents
- Prices are medians of each listing's asking price per square foot, so a few very high or very low listings do not skew them. Data-entry errors are left out, and a median is published only with at least 10 listings with a usable price. A listing with a price range can contribute both endpoints.
- Neighboring states
- Neighboring-state comparisons use the same method and the same snapshot for every state, plus the United States as a reference.
- City markets
- The city list includes cities with more than 3 active listings whose market page has enough data to publish, ordered by active listings, up to 40. The price ranking covers cities with at least 10 priced listings for each metric and leaves out a city more than three times above or below the statewide median. City counts and prices use the same method as the statewide figures, so the table compares like with like; a city's own market page uses its own method, so its figures can differ.
- Updates
- Statewide and neighboring-state figures refresh hourly and city figures daily. Last updated 6 November 2026.
