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Fairbanks, AK Real Estate

Fairbanks is a city in Fairbanks North Star County, Alaska with a population of about 32,242. The median home value is near $255,700, and median rent runs around $1,470/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$255,700
Median Rent
$1,470/mo
Population
32,242
Median Income
$72,077
Median Age
28.6
Homeownership
40.5%

Monthly payment on a median Fairbanks home

Example for a $255,700 home: 20% down, 30-yr at ~6.75%, AK property tax ~0.95%, 0.4% insurance.

Est. monthly (PITI)
$1,614
Principal & interest
$1,327
Property tax / mo
$202
Down payment (20%)
$51,140

Fairbanks at a glance

  • 18.2% of residents 25+ hold a bachelor's degree or higher.
  • 40.5% of occupied homes are owner-occupied.
  • Median household income is $72,077.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Alaska cities

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