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2025 Compare Cities Housing:
Fairbanks, AK vs Farmington Hills, MI

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Highlights
- The median age of a home in Fairbanks is 2.4% younger than the median age of a home in Farmington Hills.
 Fairbanks, AKFarmington Hills, MIUnited States
 Median Home Age41  Unlock42
 Median Home Cost  Unlock$341,100$338,100
 Home Appr. Last 12 months8.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock45.6%57.0%
 Home Appr. Last 10 yrs.43.5%  Unlock101.1%
 Property Tax Rate  Unlock$17.3$11.0
 Homes Owned32.0%  Unlock57.4%
 Housing Vacant  Unlock4.8%11.2%
 Homes Rented52.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Fairbanks, AKFarmington Hills, MIUnited States
 Average Rent  Unlock$1,910$1,840
 Studio Apartment$1,030  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,220$1,180
 2 Bedroom Home or Apartment$1,540  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,930$1,860
 4 Bedroom Home or Apartment$2,630  Unlock$2,160
 space1
 Vacant Housing
 Fairbanks, AKFarmington Hills, MIUnited States
 Vacant For Rent  Unlock2.3%1.9%
 Vacant Rented1.0%  Unlock0.4%
 Vacant For Sale  Unlock0.2%0.7%
 Vacant Sold1.1%  Unlock0.4%
 Vacant Vacation  Unlock0.6%3.6%
 Vacant Other5.5%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Fairbanks, AKFarmington Hills, MIUnited States
 Less Than $20,000  Unlock1.7%2.6%
 $20,000 to $39,9994.5%  Unlock2.4%
 $40,000 to $59,999  Unlock1.1%2.8%
 $60,000 to $79,9991.4%  Unlock3.9%
 $80,000 to $99,999  Unlock1.4%4.5%
 $100,000 to $149,99911.6%  Unlock11.3%
 $150,000 to $199,999  Unlock11.3%13.0%
 $200,000 to $299,99936.5%  Unlock20.1%
 $300,000 to $399,999  Unlock27.7%13.6%
 $400,000 to $499,9992.9%  Unlock8.3%
 $500,000 to $749,999  Unlock4.0%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.3%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.2%1.1%
 space3
 Housing Units By Year Built
 Fairbanks, AKFarmington Hills, MIUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock3.2%13.6%
 2000 to 200911.6%  Unlock13.6%
 1990 to 1999  Unlock17.9%13.6%
 1980 to 198924.8%  Unlock13.2%
 1970 to 1979  Unlock21.0%14.8%
 1960 to 19697.6%  Unlock13.6%
 1950 to 1959  Unlock11.7%10.0%
 1940 to 19494.8%  Unlock4.7%
 1939 or Earlier  Unlock2.7%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 Farmington Hills    11 Reviews
Renee · Farmington, MI
Not the rich part of Farmington Hills either....I'
Over 11 years ago

Grew up in Commerce. Loved it! It was very quiet and peaceful and safe. Quiet and peaceful is not the case anymore but fortunately it's still a safe place to live. Why  More

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Elliot · Farmington, MI
Excellent Plan to Raise a Family
Over 16 years ago

My wife and I have lived in Farmington Hills for the past 7 years. We moved here from Ohio and are originally from Texas. This area and especially our neighborhood is  More

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John · Northville, MI
Property Taxes
Over 17 years ago

The taxes here are so high, as soon as I retire, I'll have to sell and move to a different community to lower my tax liability. The city/county services do not  More

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Learn More About Fairbanks, Alaska
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