Housing in Fairbanks, AK

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$284,950

Median List Price

$249,900

Price Per Sq Ft

$174

Days on Market

79

Active Inventory

31

Months of Supply

2.6

Seller's market

Zillow Home Value

$283,657

ZHVI — January 2026

Zillow Rent Index

$1,826

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 4.4%List Price 11.4%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

8.3%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

100.4%

Seller's market

Sold Above Asking
8.3%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
16.1%

Market Activity

Source: Redfin

Homes Sold

12

New Listings

15

Pending Sales

11

Homes Sold 7.7%New Listings 6.3%Pending 15.4%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$174

Median List $/SF

$167

Sale $/SF 25.2%List $/SF 3.7%Mar 24Jan 26

Fairbanks vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Fairbanks is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$255,700

Median Rent

$1,470

Total Housing Units

13,924

Vacancy Rate

12.4%

Owner Occupied

40.5%

Renter Occupied

59.5%

Median Property Tax

$3,336

per year

Monthly Cost (w/ Mortgage)

$1,622

Housing Types

Single Family
47.9%
Multi-Family
51.1%
Mobile Home
1.0%

The current median sale price in Fairbanks, AK is $284,950 according to Redfin data. Homes spend a median of 79 days on the market. 8.3% of homes sold above asking price. The market has 2.6 months of supply. The median price per square foot is $174. Zillow's observed rent index is $1,826/month. About 40.5% of housing units are owner-occupied. The median year homes were built is 1979. There are 13,924 total housing units.