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Fairbanks, AK Real Estate & Property Data

Fairbanks Real Estate Market Trends

Last Updated: April 25, 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 801 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 $294,582, with an average square footage of 1,715 sq ft for a single-family home. Additionally, there have been 28 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

Get property data for any address in Fairbanks, AK or the country:

Total Residential Properties 20,135

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) 66

% of Homes Seriously Underwater (Q2 2024) 0.91%

Total 2023 Residential Sales 775

% of Equity Rich Homes (Q2 2024) 27.68%

Effective 2023 Property Tax 1.32%

Total Foreclosure Filings (year-to-date) 4

Fairbanks, AK Real Estate Overview

The latest real estate data for Fairbanks shows that 801 residential properties were sold in the city in the past year, with a median home value of $294,582. There are a total of 20,135 residential properties in Fairbanks, AK, spread across 3 zip codes and 1904 streets.

Median Sales Price i

$352,500

(Feb 2024)

+19.5%

year-over-year

y-o-y

February '24 Feb '24 $352,500
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

Median Down Payment i

February '24 Feb '24 N/A
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

Number of Homes Sold i

27

(Feb 2024)

-12.9%

year-over-year

y-o-y

February '24 Feb '24 27
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

Number of Purchase Loans i

23

(Feb 2024)

-11.5%

year-over-year

y-o-y

February '24 Feb '24 23
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

Number of REFI Loans i

15

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 15
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

Number of HELOC Loans i

7

(Feb 2024)

+40%

year-over-year

y-o-y

February '24 Feb '24 7
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

Fairbanks, AK Real Estate Market Overview

Last 30 days

Zip
Median Est. Value
Zip
Median Est. Value
Zip
Median Est. Value

99701
$294,582 $171.8/sqft
99709
$310,222 $174.59/sqft
99712
$314,880 $182.33/sqft

Fairbanks, AK Foreclosure Activity

There were a total of 1 Fairbanks, AK properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 1
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

Foreclosure Starts i

1

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 1
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

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
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

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