| Metric | Latest | Detail |
|---|---|---|
| Median listing price | $328,600 | -1.9% YoY |
| Median price per sq ft | $200 | 1,608 sq ft median |
| Median days on market | 55 | +6% YoY |
| Active listings | 317 | +40% YoY |
| New listings this month | 124 | September 2026 |
| Listings with a price cut | 26% | Share of active |
| Median sale price (closed) | $377,000 | +7.7% YoY · closed sales, July 2026 |
| Sale-to-list ratio | n/a | Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio |
| Pending-to-active ratio | 65.6% | 208 pending |
| Inventory vs 2019 | 78% | Active listings vs same month in 2019 |
| Gross rental yield | 6.1% | 2BR fair market rent |
Metropolitan market · Alaska · September 2026 data
What is the Fairbanks, AK real estate market doing?
As of September 2026, the median home listed in Fairbanks, AK asks $328,600, down 1.9% year over year. Homes spend a median of 55 days on market, with 317 active listings and 26% carrying a price cut; pending contracts equal 66% of active listings, and inventory sits at 78% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 6.1%. Figures come from public records and industry data, updated monthly.
Median listing price
$328,600
▼ 1.9% YoY
Median $ / sq ft
$200
1,608 sq ft median
Median days on market
55
September 2026
Active listings
317
For sale now
New listings
124
September 2026
Listings with price cuts
26%
Share of active
Inventory vs 2019
78%
Same month, 2019 = 100
Pending / active
66%
Contract activity
Median sale price (closed)
$377,000
▲ 7.7% YoY · closed sales · July 2026
Sale-to-list ratio
n/a
Non-disclosure state: sale prices are not public record, so WealthyBud does not show or rank this ratio
Homes sold / month
164
Closed sales · July 2026, seasonally adjusted
What is the Fairbanks, AK housing market doing right now?
The Fairbanks, AK housing market lists at a $328,600 median as of September 2026, down 1.9% year over year, with a 55-day median market time and 317 homes for sale (26% with a price cut). Active inventory is 78% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 6.1%.
Fairbanks housing market statistics
The table summarizes Fairbanks's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Fairbanks.
How have home prices changed in Fairbanks?
Fairbanks home prices are down 1.9% year over year and -3.6% month over month as of September 2026, at a $328,600 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.
Median listing price, Fairbanks AK · trailing 8 quarters · source: public records and industry data.
The 10-year view
10-year median listing price, Fairbanks AK · June of each year, 2017–2026 · source: public records and industry data.
How much inventory is on the market in Fairbanks?
Fairbanks has 317 active listings, 124 new this month, 208 pending as of September 2026. About 26% of active listings have cut their price, and inventory sits at 78% of its 2019 level — a balanced market by pace.
Is Fairbanks a good real estate investment?
Fairbanks scores 65/100 on WealthyBud's composite Investor Score, ranking #176 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.
Investor Score
65/100
#176 of 933 covered metros
Price volatility
Low
σ 3.7% · 20-yr price-index swings
Fairbanks scores 65/100 on our composite Investor Score (#176 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 43% over five years and +63% over ten, leaving prices 23% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,676/mo for a two-bedroom, the gross rental yield on the median listing is about 6.1%; active inventory sits at 78% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 1.9% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).
Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Fairbanks ranks on the trending markets index.
How much is a monthly mortgage payment in Fairbanks?
A home at Fairbanks's $328,600 median listing runs about $1,799 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.
If rates fall 1% · 6.28%
$1,624/mo
−$175/mo vs today
At today's rate · 7.28%
$1,799/mo
National weekly average
If rates rise 1% · 8.28%
$1,980/mo
+$182/mo vs today
Principal & interest on the $328,600 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.
How much income do you need to buy a home in Fairbanks?
To buy Fairbanks’s $328,600 median listing with 20% down, a household needs about $92,000 a year in gross income, keeping principal, interest and property tax ($2,144/mo) at 28% of income. That is 1.1× the area’s $84,722 median household income, so a typical Fairbanks household cannot afford the median listing on these terms.
| Item | Amount | Basis |
|---|---|---|
| Median listing price | $328,600 | September 2026 |
| Down payment (20%) | $65,720 | Assumption |
| Principal & interest (7.28%, 30-yr fixed) | $1,799/mo | Rate as of 2026-10-01 |
| Property tax (1.26% effective rate) | $345/mo | Census ACS |
| Income needed (28% rule) | $92,000 | Gross household income / yr |
| Median household income | $84,722 | Census ACS 2023 ACS 5-year |
Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.
What is driving the Fairbanks housing market?
Longer-run demand in Fairbanks shows up in 18 homes permitted in 2025; net migration of -1,438 residents; -1.5% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.
Building permits (2025)
18
▲ 1700.0% vs 2024
0.2 per 1,000 residents
Net migration (2022–2023)
-1,438
▼ people, via tax-return records
net income flow −$76.3M/yr
Job growth (YoY)
-1.5%
▼ 38.8k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Earthquake
Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.
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ReadFairbanks housing market FAQ
What is the median home price in Fairbanks?
As of September 2026, the median listing price in Fairbanks, AK is $328,600, down 1.9% year over year (source: public records and industry data). Figures cover the Fairbanks-College, AK metro area.
How much does it cost to buy a home in Fairbanks?
The median home listed in Fairbanks asks $328,600 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,799 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Fairbanks?
The median property in Fairbanks spends 55 days on the market, with 317 homes actively listed and 26% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Fairbanks?
With a median 55 days on market and 26% of active listings carrying a price cut, pending contracts at 66% of active listings, Fairbanks reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Fairbanks a good place to invest in real estate?
Fairbanks scores 65/100 on WealthyBud's Investor Score, ranking #176 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Fairbanks?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Fairbanks and the wider Alaska market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Fairbanks-College, AK metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.
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