Market Overview
Home Prices in Willow, AK
The median home value in Willow, AK is $257,645 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 0.6% compared to a year ago and down 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Willow are priced37% below average. Willow is part of the Anchorage, AK metro area.
Over the past five years, Willow home values have risen by approximately2.6%, reflecting modest growth in this market.
Price History
Willow Home Price Trend
2020
$239,074
$239K
—
2021
$251,145
$251K
+5.0%
2022
$259,876
$260K
+3.5%
2023
$261,779
$262K
+0.7%
2024
$262,231
$262K
+0.2%
2025
$259,185
$259K
-1.2%
2026
$257,645
$258K
-0.6%
City Comparison
Willow vs. National Median
🏠 Willow
$257,645
National Median
$410,000
At $257,645, homes in Willow cost 37% below the national median of $410,000. This makes Willow a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Willow?
20% Down Payment
$51,529
on $257,645
Monthly P&I
$1,344/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,707/mo
incl. taxes & insurance
Income Needed
$68,280
gross annual (30% rule)
10% Down Option
$25,765
+ PMI applies
Loan Amount (20% dn)
$206,116
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Willow, AK?
The median home value in Willow is $257,645 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 0.6% year-over-year.
How much have home prices changed in Willow?
Over the past year, home values in Willow have decreased by 0.6%. Over five years, prices have risen approximately 2.6%.
How much do I need to earn to buy a home in Willow?
To comfortably afford the median home price of $257,645 with a 20% down payment ($51,529) at today's rates (6.8%), you'd need a gross annual income of approximately $68,280. This assumes keeping total housing costs at or below 30% of gross income.
How does Willow compare to the national average home price?
The national median home value is approximately $410,000. At $257,645, homes in Willow are 37% below the national average.
What metro area is Willow part of?
Willow is part of the Anchorage, AK metropolitan area. Home prices and market conditions can vary across the broader metro region.