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2024 Compare Cities Housing:
Orem, UT vs Fairbanks, AK

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Highlights
- The median age of a home in Orem is 17.1% younger than the median age of a home in Fairbanks.

Housing
 Orem, UTFairbanks, AKUnited States
 Median Home Age354142
 Median Home Cost$460,500$275,600$338,100
 Home Appr. Last 12 months16.3%8.2%16.6%
 Home Appr. Last 5 yrs.83.0%31.0%57.0%
 Home Appr. Last 10 yrs.157.2%43.5%101.1%
 Property Tax Rate$4.7$13.5$11.0
 Homes Owned57.0%32.0%57.4%
 Housing Vacant5.8%15.3%11.2%
 Homes Rented37.2%52.7%31.4%
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 Avg Rent For Home Or Apartment
 Orem, UTFairbanks, AKUnited States
 Average Rent$1,610$2,160$1,840
 Studio Apartment$990$1,030$1,080
 1 Bedroom Home or Apartment$1,000$1,170$1,180
 2 Bedroom Home or Apartment$1,140$1,540$1,430
 3 Bedroom Home or Apartment$1,630$2,190$1,860
 4 Bedroom Home or Apartment$1,950$2,630$2,160
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 Vacant Housing
 Orem, UTFairbanks, AKUnited States
 Vacant For Rent1.9%6.0%1.9%
 Vacant Rented0.3%1.0%0.4%
 Vacant For Sale0.5%0.7%0.7%
 Vacant Sold0.2%1.1%0.4%
 Vacant Vacation0.5%1.0%3.6%
 Vacant Other2.3%5.5%4.1%
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 Owner-Occupied Housing Value
 Orem, UTFairbanks, AKUnited States
 Less Than $20,0001.0%2.0%2.6%
 $20,000 to $39,9991.4%4.5%2.4%
 $40,000 to $59,9990.9%1.3%2.8%
 $60,000 to $79,9990.3%1.4%3.9%
 $80,000 to $99,9990.1%2.9%4.5%
 $100,000 to $149,9991.5%11.6%11.3%
 $150,000 to $199,9997.0%17.3%13.0%
 $200,000 to $299,99929.2%36.5%20.1%
 $300,000 to $399,99929.8%16.1%13.6%
 $400,000 to $499,99916.1%2.9%8.3%
 $500,000 to $749,9999.7%2.6%9.7%
 $750,000 to $999,9991.9%0.0%3.9%
 $1,000,000 to $1,499,9990.8%0.5%2.2%
 $1,500,000 to $1,999,9990.1%0.0%0.8%
 $2,000,000 and over0.3%0.2%1.1%
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 Housing Units By Year Built
 Orem, UTFairbanks, AKUnited States
 2015 and Newer0.1%0.0%0.2%
 2010 to 201411.0%11.6%13.6%
 2000 to 200911.0%11.6%13.6%
 1990 to 199920.3%7.6%13.6%
 1980 to 198916.6%24.8%13.2%
 1970 to 197920.9%21.1%14.8%
 1960 to 196920.3%7.6%13.6%
 1950 to 19599.7%10.4%10.0%
 1940 to 19492.2%4.8%4.7%
 1939 or Earlier1.0%2.2%12.2%

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Reviews for Orem    12 Reviews

Over 2 years ago

Great city, great people, and amazing opportunities.  More

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Over 2 years ago

I would like to take a second and give some compliments were compliments are deserved. There is often so little time to simple recognize the good that people do. In a  More

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The closeness to the mountains, many parks and trails make this place such a beautiful area to be in. The people are so friendly. The food options are so diverse and  More

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Reviews for Fairbanks    20 Reviews

I have lived in the Fairbanks area for about 25 years and have become very comfortable with the community and the lifestyle here. That said, retirement is fast  More

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Over 13 years ago

Comments about Fairbanks, both positive and negative, are of interest to me. Was in Fairbanks this past March [and north on Cleary Summit] and fell in love with the  More

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Over 14 years ago

I came to Alaska 15 years ago on an adventure and first lived in Juneau, which I LOVED and then moved to Eagle River, which I loved and now live in Fairbanks! I do not  More

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ZIPS IN OREM, UTAH
84057 84058 84097
ZIPS IN FAIRBANKS, ALASKA
99701 99703

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