Why you'd want to live in Fairbanks
Fairbanks is a home rule city and the borough seat of the Fairbanks North Star Borough in the U.S. state of Alaska. Fairbanks is the largest city in the Interior region of Alaska. via wiki
Fairbanks
Fairbanks Market Report
$329,841
AVERAGE PRICE OF 248 HOMES$384,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$383,429
AVERAGE PRICE OF 10 NEWLY BUILT HOMES$315,328
AVERAGE PRICE OF 19 REDUCED PRICE HOMES$1,129,500
AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMESAverage Home
| Average Price | $329,841 |
| Avg Bedrooms | 2.95 beds |
| Avg Bathrooms | 1.96 baths |
Average Price by Bedrooms
| 1 bedroom | $126,617 |
| 2 bedrooms | $234,876 |
| 3 bedrooms | $387,094 |
| 4 bedrooms | $412,445 |
| 5 bedrooms | $374,334 |
Fairbanks Home Price Trends
| 7/2022 | 6/2022 | 5/2022 | 4/2022 | 3/2022 | |
|---|---|---|---|---|---|
| Total Listings | 245 | n/a | n/a | n/a | 100 |
| Average Price | $340,029 | n/a | n/a | n/a | $317,809 |
| Avg Price Change | n/a | n/a | n/a | n/a | +6.48% |
| Median Price | $332,200 | n/a | n/a | n/a | $285,429 |
| Med Price Change | n/a | n/a | n/a | n/a | +21.97% |
| Avg Bedrooms | 2.93 beds | n/a | n/a | n/a | 2.92 beds |
| Avg Bathrooms | 2 baths | n/a | n/a | n/a | 1.86 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Btv-Undiscl By Ll | 2 | $307,450 | 86 days |
| Lathrop | 113 | $338,092 | 55 days |
| N. Pole High | 11 | $225,063 | 40 days |
| Other | 1 | $249,000 | 80 days |
| Remote/Not Avil | 4 | $186,200 | 132 days |
| West Valley | 116 | $329,967 | 46 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 248 | $329,841 | 52 days |
| Distressed Homes | 1 | $384,000 | 54 days |
| Newly Built Homes | 10 | $383,429 | 29 days |
| Reduced Price Homes | 19 | $315,328 | 29 days |
| Multi-Million Dollar Homes | 2 | $1,129,500 | 184 days |
