Fairbanks North Star Borough, AK Housing Market
$311,765
4.5% 1-yrThe average Fairbanks North Star Borough, AK home value is $311,765, up 4.5% over the past year, and homes go to pending in around 12 days. (Updated on )
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.
Fairbanks North Star Borough Key Takeaways
Typical Home Values: $311,765
1-Year Value Change: +4.5%
(Data through August 31, 2026)
Fairbanks North Star Borough Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Eielson AFB
- NameMedian ZHVI
- Bjerremark$240,173
- Tanaina$421,241
- North Lakes$438,197
- Meadow Lakes$394,747
- Knik-Fairview$412,198
- South Fork$710,811
- Northeast$355,256
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Fairbanks North Star Borough Rental Market Trends
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Fairbanks North Star Borough, AK?
The median home value in Fairbanks North Star Borough, AK is $311,765 as of August 2026. This represents a 0.1% increase compared to last month and a 4.5% increase year-over-year.
How do home values in Fairbanks North Star Borough, AK compare to Alaska and the national average?
The median home value in Fairbanks North Star Borough, AK ($311,765) compares to Alaska ($398,663) and the U.S. national median ($368,697).
What are the top cities in Fairbanks North Star Borough, AK by home value?
The cities with the highest median home values in Fairbanks North Star Borough, AK include: North Pole ($332,638), Fairbanks ($305,391), Salcha ($210,834). These cities represent the most expensive areas within the county.