Turnagain, Anchorage · Updated July 2026 · Trailing 12-month MLS data (July 2025 – June 2026)
Market Snapshot — Q2 2026 Update
Turnagain posted one of the most remarkable numbers of any Anchorage neighborhood this year: an average sold-to-list ratio of 101.34% — above full asking price, across the entire trailing twelve months. Combined with a 6-day median time on market, the data describes a neighborhood where buyer competition is the norm rather than the exception.
Turnagain's coastal position — bordered by the Tony Knowles Coastal Trail, Earthquake Park, and the Cook Inlet bluff — continues to anchor demand from buyers who want west-side character within minutes of downtown and the airport. Here are the headline numbers for the year ending June 30, 2026 (28 closed sales, $21.9M in sold volume).
Metric | Figure | Detail |
|---|---|---|
Median Sold Price | $677K | Trailing 12-mo. median |
Median Days on Market | 6 | 70% closed < 30 days |
Median Sale-to-List | 100% | Avg 101.34% |
Closed Sales (12 mo.) | 28 | $21.9M sold volume |
Median Home Profile | 4 bed / 3 bath / 2,252 sq ft | $295/SF median |
Data Methodology — Statistics reflect trailing 12-month MLS sales data, July 1, 2025 through June 30, 2026 (residential; 28 closed transactions, $21.9M sold volume). A full year of sales provides a stable, representative picture for a neighborhood of this size; figures are refreshed in place each quarter. Source: Alaska MLS via The Prince Group.
Median Home Price & Market Position
The trailing 12-month median sold price in Turnagain is $677,000, with an average of $782,982. The gap between the two reflects the neighborhood's upper tier — bluff and view properties that transact well above the median, with the year's high sale at $2.5M. The typical transacting home is a 4-bedroom, 3-bath, 2,252-square-foot property at roughly $295 per square foot at the median.
Turnagain's stock spans mid-century homes on quiet interior streets, substantially renovated properties, and view homes along the bluff line. That range gives the neighborhood multiple entry points while preserving a genuine luxury tier at the top.
Period | Median Sold Price | Median DOM | Methodology |
|---|---|---|---|
Jul 2025 – Jun 2026 | $677,000 | 6 | Trailing 12-month, 28 sales |
Price Context — At $295 per square foot at the median — and $313 on average — Turnagain trades at a premium to most of west Anchorage, justified by coastal trail access, mature trees and lots, and proximity to both downtown and Ted Stevens International. View corridors along the bluff command the top of the range.
Days on Market & Sale Velocity
Turnagain's median time on market over the trailing year was 6 days. 70% of sales closed within 30 days, and that fast-moving group averaged 101.94% of list price — decisively above asking.
An average sold-to-list ratio above 100% across a full year is rare in any market. It means the typical Turnagain listing was bid at or past its asking price, and it signals that buyers who arrive unprepared to compete are consistently losing homes to those who are.
Reading the Velocity — A full-year average above asking is a seller's signal worth reading carefully: it reflects disciplined pricing met by competitive bidding, not underpricing. Launch strategy matters — the premium goes to listings that are priced precisely and presented well.
Inventory & Buyer Competition
Active inventory in Turnagain stands at just 2 homes as of this update, with 2 pending against 28 closings over the trailing year. That is functionally no standing inventory — homes list, sell, and close in a continuous cycle.
Like South Addition, Turnagain is built out. New supply arrives only through teardown-rebuild projects and occasional infill, keeping the supply-demand balance structurally tight across market cycles.
What This Means for Sellers
Sellers in Turnagain hold as strong a hand as any neighborhood in Anchorage: a 6-day median DOM and a full-year average sold-to-list ratio of 101.34%. Well-prepared listings are not just selling quickly — they are selling above asking.
A complimentary Strategic Pricing and Marketing Analysis from The Prince Group will show what your home is positioned to achieve in the current market — a precise valuation and launch strategy from a broker who transacts in this market, not an algorithmic estimate.
Call 907.312.8141 · Request a Strategic Pricing and Marketing Analysis
What This Means for Buyers
Buying in Turnagain requires preparation for genuine competition. The data shows most homes selling within a week at or above list. The reward is one of Anchorage's most complete west-side packages: coastal trail access, established streets, strong schools, and a short commute in every direction.
Practical guidance for buyers entering this market:
- Arrive pre-approved and decisive. With a 6-day median DOM and homes averaging above list, financing must be settled before you tour.
- Budget for competition. The year's fast sellers averaged 101.94% of list. Build an above-list scenario into your budget for well-priced homes.
- Study the bluff premium. View properties along the inlet command significant premiums over interior streets. Decide early which side of that line your budget targets.
- Watch for renovation-grade opportunities. Mid-century stock on interior streets occasionally lists below the median — at $295/SF median pricing, targeted renovation can build real equity.
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Frequently Asked Questions
What is the median home price in Turnagain as of mid-2026?
The trailing 12-month median sold price (July 2025 through June 2026) is $677,000, with an average of $782,982. The typical transacting home is a 4-bedroom, 3-bath, 2,252-square-foot property.
How long does it take to sell a home in Turnagain?
The trailing-year median is 6 days on market, with 70% of sales closing inside 30 days at an average of 101.94% of list price. Accurately priced, well-presented homes move quickly; ambitious pricing extends the timeline.
How is the Turnagain housing market performing in 2026?
Steadily. Over the trailing year the market recorded 28 closed sales totaling $21.9M, at a $677,000 median and a median sold-to-list ratio of 100%. Inventory remains limited relative to demand.
What is my home worth in Turnagain?
The trailing-year median is $677,000, at roughly $295 per square foot — but accurate valuation is property-specific, particularly where position, views, or condition diverge from the typical sale. For a precise current valuation, request a complimentary Strategic Pricing and Marketing Analysis from The Prince Group at 907.312.8141.
Is now a good time to sell a home in Turnagain?
The trailing-year data is favorable for sellers: a $677,000 median, 6-day median time on market, and 70% of sales closing inside 30 days. Sellers who price with discipline are being rewarded quickly.
Why do Turnagain homes sell above asking price?
Limited inventory meeting persistent demand. Turnagain is built out, coastal, and minutes from downtown and the airport — when a well-priced home lists, multiple prepared buyers typically compete for it, and the trailing-year average sold-to-list ratio of 101.34% reflects that dynamic.
Related Resources
- Anchorage Real Estate Market Report — July 2026 — the citywide picture, updated monthly.
- Turnagain neighborhood guide — the complete guide to living, housing stock, and community character.
- Turnagain live data dashboard — current market statistics for the area, refreshed quarterly.
- The Prince Group Blog — market reports, neighborhood guides, and expert insight.
