Home / Select Cities  /  2024 Comparing Raleigh, NC vs. Fairbanks, AK

2024 Compare Cities Housing:
Raleigh, NC vs Fairbanks, AK

Change Cities
Highlights
- The median age of a home in Raleigh is 51.9% younger than the median age of a home in Fairbanks.

Housing
 Raleigh, NCFairbanks, AKUnited States
 Median Home Age274142
 Median Home Cost$427,000$275,600$338,100
 Home Appr. Last 12 months23.6%8.2%16.6%
 Home Appr. Last 5 yrs.70.7%31.0%57.0%
 Home Appr. Last 10 yrs.122.8%43.5%101.1%
 Property Tax Rate$8.9$13.5$11.0
 Homes Owned46.7%32.0%57.4%
 Housing Vacant9.4%15.3%11.2%
 Homes Rented43.8%52.7%31.4%
 space
 Avg Rent For Home Or Apartment
 Raleigh, NCFairbanks, AKUnited States
 Average Rent$1,750$2,160$1,840
 Studio Apartment$1,240$1,030$1,080
 1 Bedroom Home or Apartment$1,280$1,170$1,180
 2 Bedroom Home or Apartment$1,450$1,540$1,430
 3 Bedroom Home or Apartment$1,780$2,190$1,860
 4 Bedroom Home or Apartment$2,350$2,630$2,160
 space1
 Vacant Housing
 Raleigh, NCFairbanks, AKUnited States
 Vacant For Rent3.3%6.0%1.9%
 Vacant Rented2.2%1.0%0.4%
 Vacant For Sale0.5%0.7%0.7%
 Vacant Sold0.6%1.1%0.4%
 Vacant Vacation0.5%1.0%3.6%
 Vacant Other2.3%5.5%4.1%
 space2
 Owner-Occupied Housing Value
 Raleigh, NCFairbanks, AKUnited States
 Less Than $20,0001.4%2.0%2.6%
 $20,000 to $39,9990.5%4.5%2.4%
 $40,000 to $59,9990.6%1.3%2.8%
 $60,000 to $79,9990.5%1.4%3.9%
 $80,000 to $99,9990.8%2.9%4.5%
 $100,000 to $149,9996.6%11.6%11.3%
 $150,000 to $199,99915.0%17.3%13.0%
 $200,000 to $299,99928.3%36.5%20.1%
 $300,000 to $399,99918.3%16.1%13.6%
 $400,000 to $499,99911.0%2.9%8.3%
 $500,000 to $749,99910.2%2.6%9.7%
 $750,000 to $999,9994.0%0.0%3.9%
 $1,000,000 to $1,499,9991.9%0.5%2.2%
 $1,500,000 to $1,999,9990.5%0.0%0.8%
 $2,000,000 and over0.3%0.2%1.1%
 space3
 Housing Units By Year Built
 Raleigh, NCFairbanks, AKUnited States
 2015 and Newer0.3%0.0%0.2%
 2010 to 201423.4%11.6%13.6%
 2000 to 200923.4%11.6%13.6%
 1990 to 199918.5%7.6%13.6%
 1980 to 198916.8%24.8%13.2%
 1970 to 19799.9%21.1%14.8%
 1960 to 196918.5%7.6%13.6%
 1950 to 19594.2%10.4%10.0%
 1940 to 19491.6%4.8%4.7%
 1939 or Earlier3.1%2.2%12.2%

View More Data >

Reviews for Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

   |    Reply

Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

   |    Reply

Over 1 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

   |    Reply

Start Your Review of Raleigh

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

   |    Reply

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

   |    Reply

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

   |    Reply

Start Your Review of Fairbanks

 Most Recent Searches On Compare Cities
COMPARE COST OF LIVING
Compare Raleigh, North Carolina Cost of Living vs Fairbanks, Alaska Cost of Living: Taxes, Childcare, Groceries, Health...
Compare Now


ZIPS IN RALEIGH, NORTH CAROLINA
27610, 27603, 27616, 27604, 27606, 27613, 27615, 27612, 27614, 27609, 15 total
ZIPS IN FAIRBANKS, ALASKA
99701 99703

PREMIUM SUBSCRIPTION

Includes Cost of Living compares for child care, utilities, transportation, health, taxes, housing for home owners vs renters, weather, insurance premiums and so much more.

Try Now