Housing Prices in Fairbanks North Star, AK

How much do homes in Fairbanks North Star, AK cost?

Median List Price

$330,000

$160/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$10,100(+3.2%)

Key Takeaway

The list price of homes in Fairbanks North Star has increased by 3.2% since last year.

Summary: The median home list price in Fairbanks North Star was $330,000 in October 2024, up 3.2% from the previous year, and the median price per square foot was $160.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $159.9K$172K
+7.6%
2 $224.9K$229.9K
+2.2%
3 $324.9K$339.9K
+4.6%
4 $391.4K$427.4K
+9.2%
5+ $374.9K$432.4K
+15.3%

Summary: Fairbanks North Star housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.6%, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 15.3%.

Median List Price Compared To Nearby Cities

North Pole
+4.4%
Fairbanks North Star
+3.2%

Housing Supply in Fairbanks North Star, AK

How many homes are available in Fairbanks North Star, AK?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7966-16.5%

Summary: The Fairbanks North Star real estate market had 66 homes for sale in October 2024, a 16.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 85
-37.5%
2 1210
-16.7%
3 4136
-12.2%
4 117
-36.4%
5+ 78
+14.3%

Summary: The Fairbanks North Star housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 37.5%, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 36.4%, and 5+ bedroom homes increased by 14.3%.

Days on Market for Fairbanks North Star, AK

How long does it take to sell a home in Fairbanks North Star, AK?

Average Listing Age

Oct 2023Oct 2024CHANGE
153 Days89 Days-41.8%

Summary: Homes in Fairbanks North Star had an average listing age of 89 days in Oct 2024, down by 41.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

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