Fairbanks, AK metro area Housing Market
Cool MarketComprehensive housing market data for the Fairbanks, AK metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$342K
↑ 3.8% YoY
Days on Market
56 days
↓ 17.6% YoY
Active Inventory
151
↓ 39.8% YoY
Homes Sold
62
↓ 7.5% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Fairbanks, AK metro area Market Summary
The Fairbanks, AK metro area housing market is cooling down. As of March 2026, the median home sale price is $342K, up 3.8% year-over-year. Homes are spending a median of 56 days on the market, 17.6% shorter than a year ago.
There are 151 homes for sale — 39.8% fewer than last year. With 2.4 months of supply, this is a seller's market. 117 new listings were added during this period, down 24.5% year-over-year.
Homes are selling for 97.7% of their list price on average, suggesting room for negotiation. 3.2% of homes sell above their asking price. 19.9% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
68
Contributing Factors
How This Market Compares
vs. National Median
vs. Alaska Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 22% below the national median, which could indicate stronger cash flow potential.
Fairbanks, AK metro area Market Trends
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Detailed Market Metrics
Median List Price
$370K
Price per Sq Ft
$189
Sale-to-List Ratio
97.7%
Months of Supply
2.4
Sold Above List
3.2%
Price Drops
19.9%
New Listings
117
↓ 24.5% YoY
Pending Sales
73
Off Market in 2 Weeks
11.0%
Other Markets in Alaska
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.