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: January 2026
Median Sale Price
$367K
↑ 16.7% YoY
Days on Market
89 days
↑ 8.5% YoY
Active Inventory
116
↓ 41.1% YoY
Homes Sold
53
↓ 18.5% 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 January 2026, the median home sale price is $367K, up 16.7% year-over-year. Homes are spending a median of 89 days on the market, 8.5% longer than a year ago.
There are 116 homes for sale — 41.1% fewer than last year. With 2.2 months of supply, this is a seller's market. 56 new listings were added during this period, down 16.4% year-over-year.
Homes are selling for 99.4% of their list price on average, suggesting room for negotiation. 3.8% of homes sell above their asking price. 15.5% 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.
Fairbanks, AK metro area Market Trends
Median Sale Price
Median Days on Market
Active Inventory
Homes Sold
Price per Square Foot
Sale-to-List Ratio
New Listings
Listings with Price Drops
Detailed Market Metrics
Median List Price
$341K
Price per Sq Ft
$197
Sale-to-List Ratio
99.4%
Months of Supply
2.2
Sold Above List
3.8%
Price Drops
15.5%
New Listings
56
↓ 16.4% YoY
Pending Sales
59
Off Market in 2 Weeks
10.2%
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.