Fairbanks, AK Home Values & Market Trends
Real estate market trends reflect that there have been 775 transactions over the past year in Fairbanks. The median value for residential home transactions that occurred over the previous year is $301,636.02. The number of current listings in Fairbanks is 155, and the percentage of properties for sale in the city is 155.00%. Fairbanks, AK currently has 14 properties in foreclosure, 4 bank owned properties, 10 properties headed for auction, and 155 properties for sale.
Fairbanks, AK Real Estate Market Overview
Housing Market Summary for Fairbanks, AK
|Oct 2022||September 2023||Change|
|Median Listing Price||$299.9K||$310.8K||3.63%|
|Median Sold Price||$315.3K||$310.8K||-1.43%|
|Homes For Sale||210||215||2.38%|
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Fairbanks, AK
43,560 sqft lot
469 Auburn Dr, Fairbanks, AK 99709
114,127 sqft lot
382 Sweren St E, Fairbanks, AK 99712
82,241 sqft lot
3422 Rosie Creek Rd, Fairbanks, AK 99709
Browse Homes in Fairbanks, AK
Fairbanks home values range from $20,420 to $1,872,015. The median estimated value of a home in Fairbanks is $301,636.02. The median list price of a home is 314,900, and the total count of properties in the city is 18,920.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Fairbanks, AK with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Fairbanks, AK; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Fairbanks, AK ranges from the highest value of $327,257 in 99712 to the lowest value of $129,900 in 99712. Bank owned homes and properties account for 0.02% of properties in Fairbanks, AK. There are 5 zips within Fairbanks, AK; 99712 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions99709 has 5 auction properties, the highest number of properties going to auction in a single zip in the state of Fairbanks, AK. Auction homes and other auction properties account for 0.05% of all properties in Fairbanks, AK. There are 5 zips within Fairbanks, AK; of those zips, the median estimated home value for homes going to auction ranges from $465,495 in 99701 to the lowest value of $142,473 in 99701.
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More Real Estate Resources for Fairbanks, AK
Guide for Fairbanks, AK
Have you been interested in REO, or real estate owned, properties? RealtyTrac helps you understand what they are and how can you buy one.
You know what a foreclosure is. You are familiar with short sales. But what are the true differences between them?
Want to learn about the foreclosure process? Our article explains it all.
How do you avoid scams when you are in pre-foreclosure? We’ve got the info here.