Explore Similar Townhomes Within 25 Miles of Fairbanks, AK
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Why Live in Fairbanks

Fairbanks seems like a small city. It covers about 30 square miles and is home to roughly 30,000 people. But considering the wider Fairbanks North Star Borough, this small city is more like a rural metropolis — 7,400 square miles and 100,000 people. It’s the second largest population base in Alaska, behind Anchorage. It’s also a major employment base and a key part of the state’s tourism, health care, oil and mining industries. Those who live in town have quick commutes to these jobs and popular areas like Downtown Fairbanks and the University of Alaska Fairbanks. For those in rural neighborhoods, they’re scattered throughout the surrounding hills, and they often drive in for groceries. Both groups have an Alaskan attitude in common, though. “We have the loner mentality of ‘I’m going to leave you alone, and you leave me alone.’ On the flip side of that, somebody is going to be there to help if needed, and they’ll expect the same in return,” says Justin Heminger with Apex Realty Group at Real Broker, LLC. He lives in Fairbanks and has sold in the area since 2015. “When intense snowstorms happen, the community Facebook groups fill with people asking and receiving help from neighbors. We had a
Home Trends in Fairbanks, AK
On average, homes in Fairbanks, AK sell after 35 days on the market compared to the national average of 50 days. The median sale price for homes in Fairbanks, AK over the last 12 months is $315,000, up 6% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$315,000
Median Single Family Sale Price
$330,000
Median Townhouse Sale Price
$224,750
Median 2 Bedroom Sale Price
$157,000
Median 1 Bedroom Sale Price
$88,250
Average Price Per Sq Ft
$198
Number of Homes for Sale
116
Last 12 months Home Sales
745
Months of Supply
1.90
Median List Price
$328,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%