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2025 Compare Cities Housing:
Fairbanks, AK vs Decorah, IA

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Highlights
- The median age of a home in Fairbanks is 43.9% younger than the median age of a home in Decorah.
 Fairbanks, AKDecorah, IAUnited States
 Median Home Age41  Unlock42
 Median Home Cost  Unlock$244,800$338,100
 Home Appr. Last 12 months8.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock42.9%57.0%
 Home Appr. Last 10 yrs.43.5%  Unlock101.1%
 Property Tax Rate  Unlock$14.8$11.0
 Homes Owned32.0%  Unlock57.4%
 Housing Vacant  Unlock8.0%11.2%
 Homes Rented52.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Fairbanks, AKDecorah, IAUnited States
 Average Rent  Unlock$1,060$1,840
 Studio Apartment$1,030  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$610$1,180
 2 Bedroom Home or Apartment$1,540  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,080$1,860
 4 Bedroom Home or Apartment$2,630  Unlock$2,160
 space1
 Vacant Housing
 Fairbanks, AKDecorah, IAUnited States
 Vacant For Rent  Unlock3.2%1.9%
 Vacant Rented1.0%  Unlock0.4%
 Vacant For Sale  Unlock1.2%0.7%
 Vacant Sold1.1%  Unlock0.4%
 Vacant Vacation  Unlock2.7%3.6%
 Vacant Other5.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Fairbanks, AKDecorah, IAUnited States
 Less Than $20,000  Unlock0.4%2.6%
 $20,000 to $39,9994.5%  Unlock2.4%
 $40,000 to $59,999  Unlock0.7%2.8%
 $60,000 to $79,9991.4%  Unlock3.9%
 $80,000 to $99,999  Unlock4.4%4.5%
 $100,000 to $149,99911.6%  Unlock11.3%
 $150,000 to $199,999  Unlock26.8%13.0%
 $200,000 to $299,99936.5%  Unlock20.1%
 $300,000 to $399,999  Unlock16.6%13.6%
 $400,000 to $499,9992.9%  Unlock8.3%
 $500,000 to $749,999  Unlock1.8%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Fairbanks, AKDecorah, IAUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock7.5%13.6%
 2000 to 200911.6%  Unlock13.6%
 1990 to 1999  Unlock8.4%13.6%
 1980 to 198924.8%  Unlock13.2%
 1970 to 1979  Unlock11.9%14.8%
 1960 to 19697.6%  Unlock13.6%
 1950 to 1959  Unlock9.5%10.0%
 1940 to 19494.8%  Unlock4.7%
 1939 or Earlier  Unlock31.3%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 Decorah    3 Reviews
scott · Decorah, IA
expensive for a small town
Over 10 years ago

ridiculously expensive housing for such a small town. The wages in the town do not even remotely compensate for the high cost of housing. Average housing prices start  More

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william · Decorah, IA
Decorah, IA
Over 15 years ago

I have been a resident of Decorah, IA for 26 years. Decorah is located in the northeast corner of Iowa. When we entertain out of town guests they always comment how  More

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alima · Cleveland, NM
Luther College
Over 15 years ago

This college has the most extensive music program of any liberal arts college around, has a strong connection to public radio, and Decorah is reputed to be a lovely  More

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Learn More About Fairbanks, Alaska
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