New Listing
2
$172,000
1219/1221 9th Ave
Fairbanks, AK 99701
4 bd2 ba1,650 sqft$104/ft²
Multi-family9,000 sqft lot
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Sarah Mitchell
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Compass Real Estate · Fairbanks, AK
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Fairbanks, AK(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
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Fairbanks, AK Housing Market & Real Estate
Strong seller's market+3.1% YoY
Housing market overview · Updated monthly ·
$296,250median sale price
How is the Fairbanks, AK housing market right now?
The median home sale price in Fairbanks, AK is $296,250, up 3.1% year-over-year. Homes sell in an average of 50 days with 39 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Fairbanks a buyer's or seller's market?
Strong seller's market1.8 months of supply50 avg. days on market
Fairbanks, AK is currently a strong seller's market, based on 1.8 months of supply and homes selling in about 50 days. How we determine this →
Homes sold
22
Last 12 weeks
Days on market
50
Average pace
Active listings
39
1.8 months supply
Sale-to-list
100.5%
Above asking
What does the Fairbanks housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $296,250 |
| Median list price | $339,450 |
| Year-over-year price change | +3.1% |
| Average days on market | 50 days |
| Active inventory | 39 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 100.5% |
| Median price per sq ft | $206/sq ft |
| Homes sold (latest month) | 22 |
| New listings (latest month) | 38 |
| Listings with a price cut | 25.6% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Fairbanks by property type?
How the Fairbanks, AK market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $300,000 | $206/sq ft | 17 | 50 days |
| Condo / Co-op | $220,000 | $206/sq ft | 3 | 64 days |
Source: Redfin · Updated monthly
The Fairbanks housing market is currently classified as a strong seller's market with a median sale price of $296,250. Prices have risen 3.1% compared to last year, with homes spending an average of 50 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.
Homes for sale in Fairbanks
There are currently 39 homes listed for sale in Fairbanks, Alaska. The median listing price is $339K. Featured listings range from $172,000 to $649,900.
$190,000
1207 Warren St
Fairbanks, AK 99701
3 bd1 ba1,056 sqft$180/ft²
House7,200 sqft lot
View photos & details
$245,000
1624 Washington Dr Unit 1624 Washington Dr Unit B
Fairbanks, AK 99709
3 bd2 ba1,188 sqft$206/ft²
House5,614 sqft lot
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New Listing
31
$249,000
1507 4th Ave
Fairbanks, AK 99701
2 bd3 ba1,968 sqft$127/ft²
House6,000 sqft lot
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37
$249,900
1393 Sixth Ave
Fairbanks, AK 99701
2 bd1 ba360 sqft$694/ft²
House5,698 sqft lot
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New Listing
31
$249,900
1813 Central Ave
Fairbanks, AK 99709
2 bd1 ba808 sqft$309/ft²
House7,920 sqft lot
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New Listing
23
$299,900
1177 Coppet St
Fairbanks, AK 99709
2 bd1 ba1,728 sqft$174/ft²
House12,600 sqft lot
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New Listing
33
$355,000
731 28th Ave
Fairbanks, AK 99701
4 bd2 ba1,536 sqft$231/ft²
Multi-family4,750 sqft lot
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New Listing
50
$359,900
2596 Waldheim Dr
Fairbanks, AK 99709
4 bd2 ba1,906 sqft$189/ft²
House4.95 acres
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New Listing
33
$399,000
92 D St
Fairbanks, AK 99701
3 bd2 ba1,512 sqft$264/ft²
House21,780 sqft lot
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New Listing
21
$435,000
1110 Erimar St
Fairbanks, AK 99712
3 bd2 ba1,476 sqft$295/ft²
House1.50 acres
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New Listing
50
$649,900
150 S Grange Hall Rd
Fairbanks, AK 99712
3 bd4 ba2,448 sqft$265/ft²
House42.60 acres
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Looking to buy in Fairbanks?
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Active listings
39
Homes on market
Median list price
$339K
Avg. days on market
50
Days until sale
New this week
38
Newly listed
Price drops:25.6%of listings
Sale-to-list:100.5%
Who lives in Fairbanks?
Population
32,242
Median income
$72,077/yr
Median age
28.6 years
Owner-occupied
40.5%
College grads
26.5%
Avg commute
14.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Fairbanks?
Zillow home value
$309,568
Zillow rent index
$1,720/mo
Price-to-rent ratio
15.0x
Price-to-income
4.3x
Source: Zillow Research
What is it like to live in Fairbanks?
Fairbanks is a community of approximately 32K residents with a median age of 28.6 years.The median household income is $72,077, which represents a working-class community with solid middle-income opportunities. 26.5% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 40.5%, showing a blend of owner and renter-occupied properties. The average commute time is 14.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Fairbanks offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Fairbanks?
27 schools tracked · 20,001 students
The largest public schools serving Fairbanks, AK by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Interior Distance Education of Alaska (IDEA)
Grades PK-12 · 7,486 students
Raven School
Grades PK-12 · 3,273 students
Fairbanks B.E.S.T.
Grades PK-12 · 940 students
Lathrop High School
Grades 9-12 · 855 students
West Valley High School
Grades 9-12 · 818 students
Tanana Middle School
Grades 6-8 · 544 students
Ryan Middle School
Grades 6-8 · 480 students
Weller Elementary
Grades PK-5 · 459 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Fairbanks, AK?
Want a head-to-head view? Compare Fairbanks side-by-side with any other U.S. city using our market-comparison tool.
Which ZIP codes are in Fairbanks?
Is Fairbanks a good real estate investment market?
For investors evaluating Fairbanks, the price-to-rent ratio of 15.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 3.1% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Fairbanks's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Fairbanks's median home price.
Frequently asked questions
What is the average home price in Fairbanks?
The median home sale price in Fairbanks is $296,250, up 3.1% from last year.
How long do homes stay on market in Fairbanks?
Homes typically spend 50 days on market before going under contract.
What is the median income in Fairbanks?
The median household income is $72,077 per year.
Is Fairbanks a buyer's or seller's market?
With 1.8 months of supply, Fairbanks is currently a strong seller's market.
How many homes are for sale in Fairbanks?
There are currently 39 homes listed for sale in Fairbanks, AK.
What is the Zillow home value estimate for Fairbanks?
The Zillow Home Value Index (ZHVI) for Fairbanks is $309,568, representing the typical home value in the area.
What is the median condo price in Fairbanks?
The median condo/co-op sale price in Fairbanks, AK is $220,000, compared to $300,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Fairbanks?
The median single-family home price in Fairbanks, AK is $300,000 (about $206 per square foot).
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