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Oddfellows HouseOddfellows House · Photo: Durkeeco · CC BY-SA 3.0
Housing in Farmers Loop

89 homes sold in Farmers Loop in the last year, at a typical $336K

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 Farmers Loop homes are listed.

Homes sold
89
June 2025 to May 2026
Typical sale price
$336K
median, weighted by sales
Price per square foot
$212
Alaska $243
Paid vs. asking
97.1%
1% sold over asking
For sale now
9
May 2026 · 8 sold that month
What sold · last 12 months

Houses are 97% of Farmers Loop’s sales, at a typical $338K

89 homes sold in the year to May 2026.

Houses$338K

typical sale · 86 sold in 12 months

Per square foot
$212AK $248
Days to sell
59
Sold over asking
1%
Listings with a price cut
30%
Fewer sales

Multi-family (2–4 units): 3 sold, typical $654K

Too few sales in 12 months for reliable figures.

13 years of sales

More homes sell than most years, at 1.4 times the 2016 price

89 sales in the last year, against 101 in 2022 and a low of 40 in 2013. The typical sale went from $246K in 2016 to $336K.

Homes soldTypical sale price
03775112150$175K$250K$325K$400K2013: 40 sold, typical $217K’132014: 67 sold, typical $234K2015: 81 sold, typical $218K’152016: 74 sold, typical $246K2017: 86 sold, typical $247K’172018: 73 sold, typical $262K2019: 74 sold, typical $274K’192020: 80 sold, typical $246K2021: 84 sold, typical $319K’212022: 101 sold, typical $303K2023: 82 sold, typical $316K’232024: 66 sold, typical $302K2025: 82 sold, typical $311K’25Last 12 months: 89 sold, typical $336KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Farmers Loop

Houseat $212 a sq ft
The same money in Alaskaat $248 a sq ft

Is this asking price fair?

Check a listing against what Farmers Loop 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.

What the sales history says · 13 years of sales

Bidding wars in Farmers Loop are back to pre-pandemic levels, but 18% fewer homes come up for sale

We read every month of Farmers Loop’s home sales since 2013 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 May 2026, 89 sales.

If you’re buying in Farmers Loop

  • Shop in May. It brings about 11 new listings a month, close to the busiest month, with fewer bidding wars (1% over asking).
  • Offer under asking. Buyers paid 97.1% of the list price on average; 1% paid over.
  • You’ll usually have time. Only 6% of homes go under contract within two weeks; the typical one takes 59 days.
Best time to buy

Summer brings the homes; spring brings the bidding wars

June has the most new listings (about 13 a month), but April is the most competitive: 8% of April sales close over asking. December has the least competition (0%) but only about 3 new listings.

New listings a monthShare sold over asking
03.87.511.3157%13%20%Sweet spotJan: 5 new listings a month, 2% sold over asking, 105 days to sellJFeb: 6 new listings a month, 8% sold over asking, 88 days to sellFMar: 8 new listings a month, 3% sold over asking, 82 days to sellMApr: 9 new listings a month, 8% sold over asking, 82 days to sellAMay: 11 new listings a month, 1% sold over asking, 59 days to sellMJun: 13 new listings a month, 2% sold over asking, 60 days to sellJJul: 12 new listings a month, 5% sold over asking, 64 days to sellJAug: 9 new listings a month, 4% sold over asking, 64 days to sellASep: 6 new listings a month, 1% sold over asking, 70 days to sellSOct: 5 new listings a month, 3% sold over asking, 85 days to sellONov: 4 new listings a month, 5% sold over asking, 83 days to sellNDec: 3 new listings a month, 0% sold over asking, 93 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Alaska

Farmers Loop now2017–192021 peakAK now
Sold over askingShare of sales that closed above the list price1%4%4%24%
Gone within two weeksShare of homes under contract within 14 days6%1%9%37%
Listings with a price cutShare of homes for sale that cut their price29%—5%26%
Price paid vs. askingAverage sale price ÷ list price97.1%97%99%99.1%
Days to sellMedian days from listing to contract59857033
Supply

19 homes for sale on a typical day

That’s 1.3 times the 2024 low (14), 18% fewer than in 2017–19 and well under 2022’s 26.

2013: 18 for sale’132014: 24 for sale2015: 24 for sale2016: 25 for sale’162017: 26 for sale2018: 23 for sale2019: 21 for sale’192020: 21 for sale2021: 22 for sale2022: 26 for sale’222023: 20 for sale2024: 14 for sale2025: 22 for sale’25Last 12 months: 19 for saleNow
Room to negotiate

1 in 3 listings has cut its price

29% in the last year, against — in 2017–19 and 26% across Alaska.

2020: 3%’202021: 5%2022: 6%2023: 22%’232024: 21%2025: 28%Last 12 months: 29%Now
Across Alaska

Farmers Loop ranks 16th of 19 busy Alaska markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Farmers Loop is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2013 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Farmers Loop home costs about $2,084 a month

Mortgage
Property tax
Insurance
Rent

Price: Farmers Loop’s typical sale, last 12 months. Property tax at Farmers Loop’s 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 Farmers Loop is affordable on local pay is on Cost of living.

Before you buy in Farmers Loop

Six things worth knowing

13

New listings in June

The month with the most choice. December has the fewest, about 3.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $336K home, about $3,970 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Farmers Loop, from test results, graduation and how much students grow.

Schools in Farmers Loop
22 min

Typical commute

The average one-way trip to work for people who live in Farmers Loop.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

College, Fairbanks, Steele Creek, Goldstream and Ester sell for less a square foot

The busier markets within 25 miles of Farmers Loop, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Badger356$374K$2254%64
Fairbanks251$301K$1823%57
College107$352K$1991%60
Farmers Loop89$336K$2121%59
Steele Creek79$394K$2000%61
Goldstream47$268K$1926%66
Ester26$226K$1880%75

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Farmers Loop, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Farmers Loop. People who follow the town see it, and so do people comparing Farmers Loop with their own town. No commission, no listing fee.

Questions about buying a home in Farmers Loop

What do homes sell for in Farmers Loop, AK?

89 homes sold in the year to May 2026 at a typical $336K, $212 a square foot.

Is Farmers Loop a buyer’s or seller’s market?

A seller’s market: 9 homes were for sale in May 2026 and 8 sold, about 1.1 months of supply. Buyers paid 97.1% of asking on average, and 29% of listings cut their price.

When is the best time to buy in Farmers Loop?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Farmers Loop?

About 1.2% of a home’s value a year. On a $336K home that’s near $3,970.

Where can I see homes for sale in Farmers Loop?

Zillow, Redfin, Realtor.com and Homes.com all carry Farmers Loop’s MLS listings; the search links above open each one filtered to Farmers Loop.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).