Photo: Quintin Soloviev · CC BY-SA 4.0248 homes sold in Fairbanks in the last year, at a typical $310K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Fairbanks homes are listed.
Every place Fairbanks homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Fairbanks.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
14% of Fairbanks’ sales are condos, at $111K less than a house
180 houses and 36 condos sold in the year to May 2026. Houses sell faster.
typical sale · 180 sold in the year to May 2026
- Per square foot
- $191AK $248
- Days to sell
- 54
- Sold over asking
- 4%
- Listings with a price cut
- 22%
typical sale · 36 sold in the year to May 2026
- Per square foot
- $179AK $506
- Days to sell
- 62
- Sold over asking
- 0%
- Listings with a price cut
- 38%
Multi-family (2–4 units): 35 sold, typical $382K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.5 times the 2016 price
248 sales in the last year, against 398 in 2022 and a low of 104 in 2012. The typical sale went from $202K in 2016 to $310K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $300K buys in Fairbanks
Check a listing against what Fairbanks homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Fairbanks are back to pre-pandemic levels, but 41% fewer homes come up for sale
We read every month of Fairbanks’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 248 sales.
If you’re buying in Fairbanks
- Shop in July. It brings about 39 new listings a month, close to the busiest month, with fewer bidding wars (3% over asking).
- Offer under asking. Buyers paid 97.4% of the list price on average; 2% paid over.
- You’ll usually have time. Only 10% of homes go under contract within two weeks; the typical one takes 55 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 42 a month), and the most competition: 6% close over asking. December has the least competition (2%) but only about 14 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and calmer than Alaska
| Fairbanks now | 2017–19 | 2021 peak | AK now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 2% | 4% | 4% | 23% |
| Gone within two weeksShare of homes under contract within 14 days | 10% | 2% | 7% | 39% |
| Price paid vs. askingAverage sale price ÷ list price | 97.4% | 97.2% | 97.4% | 99% |
| Days to sellMedian days from listing to contract | 55 | 86 | 75 | 34 |
59 homes for sale on a typical day
That’s 1.3 times the 2012 low (45), 41% fewer than in 2017–19 and well under 2019’s 103.
Since 2019, houses are up 44%, condos 61%
A house typically sold for $308K in the year to May 2026 (180 sales), a condo for $197K (36).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Fairbanks ranks 18th of 24 busy Alaska markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Fairbanks is one of the state’s calmer markets.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Fairbanks home costs about $1,936 a month
Price: Fairbanks’ typical sale, last 12 months. Property tax at Fairbanks’ 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Fairbanks is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. December has the fewest, about 14.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $310K home, about $3,830 a year.
Taxes vs. neighborsSchools
The schools grade for Fairbanks, from test results, graduation and how much students grow.
Schools in FairbanksTypical commute
The average one-way trip to work for people who live in Fairbanks.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot
The busier markets within 25 miles of Fairbanks, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Badger | 350 | $372K | $227 | 2% | 63 |
| Fairbanks | 248 | $310K | $194 | 2% | 55 |
| College | 107 | $370K | $196 | 1% | 59 |
| Steele Creek | 86 | $429K | $204 | 0% | 58 |
| Farmers Loop | 82 | $355K | $210 | 0% | 61 |
| North Pole | 79 | $368K | $231 | 0% | 69 |
| Chena Ridge | 61 | $440K | $225 | 3% | 71 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Fairbanks, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Fairbanks. People who follow the town see it, and so do people comparing Fairbanks with their own town. No commission, no listing fee.
Questions about buying a home in Fairbanks
What do homes sell for in Fairbanks, AK?
248 homes sold in the year to September 2026 at a typical $310K, $194 a square foot. Houses sold for about $308K, condos for about $197K in the year to May 2026.
Is Fairbanks a buyer’s or seller’s market?
A seller’s market: 89 homes were for sale in September 2026 and 29 sold, about 3 months of supply. Buyers paid 97.4% of asking on average.
When is the best time to buy in Fairbanks?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Fairbanks?
About 1.2% of a home’s value a year. On a $310K home that’s near $3,830.
Where can I see homes for sale in Fairbanks?
Zillow, Redfin, Realtor.com and Homes.com all carry Fairbanks’ MLS listings; the search links above open each one filtered to Fairbanks.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).