My Favorite Real Estate Market Update

Fairbanks, AK

Single-Family Homes

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Fairbanks, AK

Tue Jul 01 2025
This week the median list price for Fairbanks, AK is $349,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 111. Click here to stay informed with the Fairbanks market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Fairbanks, AK

Tue Jul 01 2025
This week the median list price for Fairbanks, AK is $349,000 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 111. Click here to stay informed with the Fairbanks market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Fairbanks market.
Median List Price $349,000
Median Price of New Listings $330,000
Per Square Foot $197
Average Days on Market 82
Median Days on Market 35
Price Decreased 32%
Price Increased 0%
Relisted 4%
Inventory 111
Median Rent
Market Action 48
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$549,950 2,621 1 - 2.5 acres 4 3 39 3 3 28
$405,000 1,963 0.25 - 0.5 acre 3 2 53 2 3 21
$280,950 1,508 1 - 2.5 acres 3 2 41 6 7 38
$145,000 800 2.5 - 5 acres 2 1 19 3 3 91