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Advertise here →Fairbanks, AK · Market Data
Fairbanks, Alaska real estate market data.
Real estate market data for Fairbanks, AK (Fairbanks North Star Borough) — Census median home value $255,700, county listing prices up about 5.0% over the past year.
Fairbanks, AK is in Fairbanks North Star Borough, Alaska — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 32,242, with a median household income of $72,077. Census data puts Fairbanks's median home value at $255,700.
At a glance
Fairbanks market snapshot
Population
32,242
Median Household Income
$72,077
Median Home Value (city)
$255,700
Median Gross Rent
$1,470/mo
Price Trend (YoY)
+5.0%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗
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Advertise here →Why Fairbanks
What makes Fairbanks different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts Fairbanks's median home value — across all owner-occupied homes, not just recent sales — at $255,700.
County Price Trend
Fairbanks North Star Borough's FHFA house price index shows a 5.01% annual change in 2025.
Population & Income
Fairbanks has an estimated population of 32,242 and a median household income of $72,077, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
Fairbanks's Census-reported median home value works out to about 3.5x the area's median household income, and median gross rent runs roughly 24% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
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Common questions
Fairbanks FAQ
What are home values like in Fairbanks, AK?
The Census Bureau's American Community Survey puts Fairbanks's median home value at $255,700.
What is the population of Fairbanks, AK?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Fairbanks's population at approximately 32,242.
What's the median rent in Fairbanks, AK?
The Census ACS estimates median gross rent in Fairbanks at approximately $1,470 per month.
What is the median household income in Fairbanks, AK?
Census ACS data puts the median household income in Fairbanks at approximately $72,077.
Is the Fairbanks housing market growing?
Fairbanks North Star Borough's FHFA house price index shows a 5.01% annual change in 2025.
Is Fairbanks, AK affordable relative to income?
Census ACS data puts Fairbanks's median home value at about 3.5 times the median household income, with median gross rent equal to roughly 24% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
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