Housing Prices in Fairbanks North Star, AK

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

Median List Price

$334,966

$153/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$15,066(+4.7%)

Key Takeaway

The list price of homes in Fairbanks North Star has increased by 4.7% since last year.

Summary: The median home list price in Fairbanks North Star was $334,966 in November 2024, up 4.7% from the previous year, and the median price per square foot was $153.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $179K$159.9K
-10.7%
2 $219.9K$229K
+4.1%
3 $324.9K$342.4K
+5.4%
4 $392.9K$427.4K
+8.8%
5+ $374.9K$409.9K
+9.3%

Summary: Fairbanks North Star housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.7%, 2 bedroom homes increased by 4.1%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 9.3%.

Median List Price Compared To Nearby Cities

Fairbanks North Star
+4.7%
North Pole
+4.4%

Housing Supply in Fairbanks North Star, AK

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7349-32.9%

Summary: The Fairbanks North Star real estate market had 49 homes for sale in November 2024, a 32.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 76
-14.3%
2 149
-35.7%
3 3924
-38.5%
4 63
-50.0%
5+ 77
0.0%

Summary: The Fairbanks North Star housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 14.3%, 2 bedroom homes decreased by 35.7%, 3 bedroom homes decreased by 38.5%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.

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

Nov 2023Nov 2024CHANGE
164 Days107 Days-34.6%

Summary: Homes in Fairbanks North Star had an average listing age of 107 days in Nov 2024, down by 34.6% compared to the previous year.

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

Report Updated 21 Days Ago

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