Fairbanks, AK Real Estate & Property Data

Fairbanks Real Estate Market Trends
Last Updated: March 19, 2024

Accurate and comprehensive real estate data is vital to gain insights into the Fairbanks, AK real estate market. ATTOM provides up-to-date city level real estate data for Fairbanks that is refreshed on a daily basis. According to the latest market trends, a total of 814 residential properties, with an average single-family home age of 40 years, have been sold in Fairbanks, AK over the past year. The median home price in Fairbanks is $293,048, with an average square footage of 1,715 sq ft for a single-family home. Additionally, there have been 29 foreclosure filings in the area. ATTOM is your go-to source for detailed property reports and real estate data you need in Fairbanks, Alaska. Get detailed property data for Fairbanks, AK instantly through ATTOM.

Fairbanks Real Estate Market Trends
Total Residential Properties 20,134
Total Commercial Properties 2,430
Avg. Home Age (Single Family Home) 40 Years
Avg. Square Feet (Single Family Home) 1,715
Total 2024 Residential Sales (year-to-date) 39
% of Homes Seriously Underwater (Q1 2024) 0.97%
Total 2023 Residential Sales 775
% of Equity Rich Homes (Q1 2024) 27.4%
Effective 2023 Property Tax 1.33%
Total Foreclosure Filings (year-to-date) 3
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Fairbanks, AK Real Estate Overview

The latest real estate data for Fairbanks shows that 814 residential properties were sold in the city in the past year, with a median home value of $293,048. There are a total of 20,134 residential properties in Fairbanks, AK, spread across 3 zip codes and 1904 streets.

Median Sales Price i
$250,735
(Jan 2024)
-23.4%
year-over-year
y-o-y
  • January '24 Jan '24 $250,735
  • December '23 Dec '23 $306,250
  • November '23 Nov '23 $309,167
  • October '23 Oct '23 $276,128
  • September '23 Sep '23 $313,187
  • August '23 Aug '23 $347,095
  • July '23 Jul '23 $354,469
  • June '23 Jun '23 $319,900
  • May '23 May '23 $332,500
  • April '23 Apr '23 $303,066
  • March '23 Mar '23 $325,000
  • February '23 Feb '23 $295,075
Median Down Payment i
  • January '24 Jan '24 N/A
  • December '23 Dec '23 $19,533
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 $14,277
  • May '23 May '23 $12,450
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
  • February '23 Feb '23 N/A
Number of Homes Sold i
39
(Jan 2024)
-2.5%
year-over-year
y-o-y
  • January '24 Jan '24 39
  • December '23 Dec '23 54
  • November '23 Nov '23 69
  • October '23 Oct '23 73
  • September '23 Sep '23 78
  • August '23 Aug '23 102
  • July '23 Jul '23 71
  • June '23 Jun '23 106
  • May '23 May '23 70
  • April '23 Apr '23 40
  • March '23 Mar '23 41
  • February '23 Feb '23 31
Number of Purchase Loans i
32
(Jan 2024)
-5.9%
year-over-year
y-o-y
  • January '24 Jan '24 32
  • December '23 Dec '23 36
  • November '23 Nov '23 42
  • October '23 Oct '23 60
  • September '23 Sep '23 61
  • August '23 Aug '23 71
  • July '23 Jul '23 60
  • June '23 Jun '23 82
  • May '23 May '23 54
  • April '23 Apr '23 33
  • March '23 Mar '23 28
  • February '23 Feb '23 26
Number of REFI Loans i
8
(Jan 2024)
-33.3%
year-over-year
y-o-y
  • January '24 Jan '24 8
  • December '23 Dec '23 10
  • November '23 Nov '23 10
  • October '23 Oct '23 12
  • September '23 Sep '23 24
  • August '23 Aug '23 22
  • July '23 Jul '23 19
  • June '23 Jun '23 14
  • May '23 May '23 14
  • April '23 Apr '23 20
  • March '23 Mar '23 16
  • February '23 Feb '23 15
Number of HELOC Loans i
14
(Jan 2024)
+133.3%
year-over-year
y-o-y
  • January '24 Jan '24 14
  • December '23 Dec '23 10
  • November '23 Nov '23 6
  • October '23 Oct '23 7
  • September '23 Sep '23 17
  • August '23 Aug '23 16
  • July '23 Jul '23 20
  • June '23 Jun '23 11
  • May '23 May '23 19
  • April '23 Apr '23 11
  • March '23 Mar '23 4
  • February '23 Feb '23 5

Fairbanks, AK Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Fairbanks, AK Foreclosure Activity

There were a total of 3 Fairbanks, AK properties with a foreclosure filing in January 2024. Lenders started the foreclosure process on 3 Fairbanks, AK properties and repossessed 1 Fairbanks, AK properties through completed foreclosures (REOs) in January 2024.

Total Foreclosure Filings i
3
(Jan 2024)
+50%
year-over-year
y-o-y
  • January '24 Jan '24 3
  • December '23 Dec '23 1
  • November '23 Nov '23 3
  • October '23 Oct '23 4
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 5
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 2
  • February '23 Feb '23 1
Foreclosure Starts i
3
(Jan 2024)
+50%
year-over-year
y-o-y
  • January '24 Jan '24 3
  • December '23 Dec '23 1
  • November '23 Nov '23 3
  • October '23 Oct '23 4
  • September '23 Sep '23 1
  • August '23 Aug '23 2
  • July '23 Jul '23 2
  • June '23 Jun '23 5
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 2
  • February '23 Feb '23 1
Completed Foreclosures (REOs) i
1
(Jan 2024)
-66.7%
year-over-year
y-o-y
  • January '24 Jan '24 1
  • December '23 Dec '23 2
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 3
  • August '23 Aug '23 N/A
  • July '23 Jul '23 3
  • June '23 Jun '23 2
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 2
  • February '23 Feb '23 3
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