Fairbanks, AK Housing Market
The Fairbanks housing market is somewhat competitive. The median sale price of a home in Fairbanks was $275K last month, down 5.2% since last year. The median sale price per square foot in Fairbanks is $241, up 113.3% since last year.
Fairbanks Housing Market Trends
In April 2024, Fairbanks home prices were down 5.2% compared to last year, selling for a median price of $275K. On average, homes in Fairbanks sell after 7 days on the market compared to 45 days last year. There were 20 homes sold in April this year, up from 19 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Fairbanks housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 6% below list price and go pending in around 37 days.
- Hot homescan sell for around list price and go pending in around 8 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 47 days.
- Hot homescan sell for about 3% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 3% below list price and go pending in around 13 days.
- Hot homescan sell for around list price and go pending in around 8 days.
Fairbanks Migration & Relocation Trends
Home offer insights for Fairbanks
Recent offers
View houses in Fairbanks that sold recently
Recently sold homes
- Unknown Last Sold Price3 beds2.5 baths2,178 sq ft303 Badger St, Fairbanks, AK 99701Days on Market19 days303 Badger St, Fairbanks, AK 99701
- Unknown Last Sold Price3 beds1 bath1,146 sq ft1866 Fern St, Fairbanks, AK 99709Days on Market69 days1866 Fern St, Fairbanks, AK 99709
- Unknown Last Sold Price3 beds2 baths2,808 sq ft310 Island Drive East, Fairbanks, AK 99701Days on Market45 days310 Island Drive East, Fairbanks, AK 99701
- Unknown Last Sold Price3 beds2 baths1,520 sq ft1603 Carr Ave, Fairbanks, AK 99709Days on Market81 days1603 Carr Ave, Fairbanks, AK 99709
- $378,000 Last List Price2 beds2 baths1,800 sq ft000 Ester Hts, Fairbanks, AK 99712Days on Market97 days000 Ester Hts, Fairbanks, AK 99712
- $350,000 Last List Price3 beds3 baths1,596 sq ft900 Smythe St, Fairbanks, AK 99701Days on Market93 days900 Smythe St, Fairbanks, AK 99701
- Unknown Last Sold Price3 beds2 baths1,471 sq ft410 Glacier Ave, Fairbanks, AK 99701Days on Market63 days410 Glacier Ave, Fairbanks, AK 99701
- Unknown Last Sold Price2 beds2 baths1,800 sq ftDays on Market86 daysProperty in Fairbanks, AK 99709
See all recently sold homes in Fairbanks.
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Schools in Fairbanks
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Interior Distance Education of Alaska (idea) Public • PreK-12 | 9216 Students | 2 reviews |
6/10 Arctic Light Elementary School Public • PreK-8 | 367 Students | 13 reviews |
5/10 Anne Wien Elementary School Public • PreK-6 | 271 Students | N/A |
5/10 Joy Elementary School Public • PreK-8 | 307 Students | 5 reviews |
5/10 Ladd Elementary School Public • PreK-8 | 291 Students | 10 reviews |
Climate's impact on Fairbanks housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Fairbanks.
Flood Factor - Major
Flood Factor
Fire Factor
Wind Factor
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Transportation in Fairbanks
Walk Score®
Transit Score®
Bike Score®
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