Fairbanks, AK

Balanced market-33.4% YoY

Housing market overview · Updated weekly

$233,200median sale price

Homes sold

8

Last 12 weeks

Days on market

105

Average pace

Active listings

29

3.6 months supply

Sale-to-list

Below asking

The Fairbanks housing market is currently classified as a balanced market with a median sale price of $233,200. Prices have fallen 33.4% compared to last year, with homes spending an average of 105 days on market, indicating 3.6 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Fairbanks?

The median home sale price in Fairbanks is $233,200, down 33.4% from last year.

How long do homes stay on market in Fairbanks?

Homes typically spend 105 days on market before going under contract.

Is Fairbanks a buyer's or seller's market?

With 3.6 months of supply, Fairbanks is currently a balanced market.

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