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2025 Compare Cities Housing:
Fairbanks, AK vs Buffalo, NY

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Highlights
- The median age of a home in Fairbanks is 58.5% younger than the median age of a home in Buffalo.
 Fairbanks, AKBuffalo, NYUnited States
 Median Home Age41  Unlock42
 Median Home Cost  Unlock$204,600$338,100
 Home Appr. Last 12 months8.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock63.8%57.0%
 Home Appr. Last 10 yrs.43.5%  Unlock101.1%
 Property Tax Rate  Unlock$24.3$11.0
 Homes Owned32.0%  Unlock57.4%
 Housing Vacant  Unlock13.6%11.2%
 Homes Rented52.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Fairbanks, AKBuffalo, NYUnited States
 Average Rent  Unlock$1,240$1,840
 Studio Apartment$1,030  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$880$1,180
 2 Bedroom Home or Apartment$1,540  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,260$1,860
 4 Bedroom Home or Apartment$2,630  Unlock$2,160
 space1
 Vacant Housing
 Fairbanks, AKBuffalo, NYUnited States
 Vacant For Rent  Unlock1.8%1.9%
 Vacant Rented1.0%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold1.1%  Unlock0.4%
 Vacant Vacation  Unlock0.2%3.6%
 Vacant Other5.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Fairbanks, AKBuffalo, NYUnited States
 Less Than $20,000  Unlock2.4%2.6%
 $20,000 to $39,9994.5%  Unlock2.4%
 $40,000 to $59,999  Unlock11.1%2.8%
 $60,000 to $79,9991.4%  Unlock3.9%
 $80,000 to $99,999  Unlock10.0%4.5%
 $100,000 to $149,99911.6%  Unlock11.3%
 $150,000 to $199,999  Unlock11.2%13.0%
 $200,000 to $299,99936.5%  Unlock20.1%
 $300,000 to $399,999  Unlock6.0%13.6%
 $400,000 to $499,9992.9%  Unlock8.3%
 $500,000 to $749,999  Unlock3.9%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.4%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
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 Housing Units By Year Built
 Fairbanks, AKBuffalo, NYUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock1.4%13.6%
 2000 to 200911.6%  Unlock13.6%
 1990 to 1999  Unlock3.0%13.6%
 1980 to 198924.8%  Unlock13.2%
 1970 to 1979  Unlock3.9%14.8%
 1960 to 19697.6%  Unlock13.6%
 1950 to 1959  Unlock11.6%10.0%
 1940 to 19494.8%  Unlock4.7%
 1939 or Earlier  Unlock60.4%12.2%
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Reviews for Fairbanks    20 Reviews
Martin · North Pole, AK
Comfortable, But Winters Are Getting Harder
Over 10 years ago

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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CJ · Ogden, UT
Interested in Fairbanks
Over 14 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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Sandy · Fairbanks, AK
Think Twice!
Over 15 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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Reviews for Buffalo    94 Reviews
Michael · Upper Arlington, OH
A fun and growing city
Over 3 years ago

Clean, fun, safe and unique. Great place to raise a family. Affordable housing, strong job market. Great schools and neighborhoods.  More

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Emily · Buffalo, NY
Buffa-NO
Over 3 years ago

Buffalo was okay in 2016. Since then, crime is up, there are more methadone clinics than pediatricians, and so many of the small businesses that made this place charming  More

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Anon · Buffalo, NY
Buffalo
Over 3 years ago

This city is just plain beautiful. Sure, it might not be New York or Albany. But it's Buffalo. Place is a God-send. You want to see the Falls and the Bills? Come here.  More

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Learn More About Fairbanks, Alaska
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