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Fairbanks Housing Market

$294,795

1.7% 1-yr

The average Fairbanks home value is $294,795, down 1.7% over the past year and goes to pending in around 9 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Fairbanks Key Takeaways

Typical Home Values: $294,795

1-year Value Change: -1.7%

(Data through August 31, 2025)

Fairbanks Housing Market Overview

4.6%1-year Market Forecast(August 31, 2025)
326For sale inventory(August 31, 2025)
138New listings(August 31, 2025)
--Median sale to list ratio
$360,896Median sale price(July 31, 2025)
$348,300Median list price(August 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
9Median days to pending(August 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Eielson AFB

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Fairbanks Rental Market Trends

$1,722Average rent in Fairbanks(August 31, 2025)
$2,007National average rent(August 31, 2025)
-1.0%Month-over-month change(August 31, 2025)
2.3%Year-over-year change(August 31, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

More on Zillow Research