2025 Compare Cities Housing:
Fairbanks, AK vs Minot, ND

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Highlights
- The median age of a home in Fairbanks is 9.8% older than the median age of a home in Minot.
 Fairbanks, AKMinot, NDUnited States
 Median Home Age41  Unlock42
 Median Home Cost  Unlock$231,100$338,100
 Home Appr. Last 12 months8.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock26.7%57.0%
 Home Appr. Last 10 yrs.43.5%  Unlock101.1%
 Property Tax Rate  Unlock$12.0$11.0
 Homes Owned32.0%  Unlock57.4%
 Housing Vacant  Unlock11.9%11.2%
 Homes Rented52.7%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Fairbanks, AKMinot, NDUnited States
 Average Rent  Unlock$860$1,840
 Studio Apartment$1,030  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$460$1,180
 2 Bedroom Home or Apartment$1,540  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$870$1,860
 4 Bedroom Home or Apartment$2,630  Unlock$2,160
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 Vacant Housing
 Fairbanks, AKMinot, NDUnited States
 Vacant For Rent  Unlock4.2%1.9%
 Vacant Rented1.0%  Unlock0.4%
 Vacant For Sale  Unlock1.0%0.7%
 Vacant Sold1.1%  Unlock0.4%
 Vacant Vacation  Unlock0.5%3.6%
 Vacant Other5.5%  Unlock4.1%
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 Owner-Occupied Housing Value
 Fairbanks, AKMinot, NDUnited States
 Less Than $20,000  Unlock4.9%2.6%
 $20,000 to $39,9994.5%  Unlock2.4%
 $40,000 to $59,999  Unlock2.2%2.8%
 $60,000 to $79,9991.4%  Unlock3.9%
 $80,000 to $99,999  Unlock4.1%4.5%
 $100,000 to $149,99911.6%  Unlock11.3%
 $150,000 to $199,999  Unlock15.8%13.0%
 $200,000 to $299,99936.5%  Unlock20.1%
 $300,000 to $399,999  Unlock11.0%13.6%
 $400,000 to $499,9992.9%  Unlock8.3%
 $500,000 to $749,999  Unlock1.9%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.1%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
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 Housing Units By Year Built
 Fairbanks, AKMinot, NDUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock9.4%13.6%
 2000 to 200911.6%  Unlock13.6%
 1990 to 1999  Unlock8.4%13.6%
 1980 to 198924.8%  Unlock13.2%
 1970 to 1979  Unlock14.9%14.8%
 1960 to 19697.6%  Unlock13.6%
 1950 to 1959  Unlock12.1%10.0%
 1940 to 19494.8%  Unlock4.7%
 1939 or Earlier  Unlock9.1%12.2%
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 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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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 Minot    8 Reviews

Over 6 years ago

I moved here five years ago and within the first two weeks I had an 80 so'me year old lady give me the stink eye for holding door open for her and an 80 some year old  More

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Over 7 years ago

Been living here for 20 + yrs... Pros - Safe, decent schools, commute, low unemployment & nice summers. Cons - Cost of living, taxes (highest in the state),  More

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Over 7 years ago

An amazing place to raise children of all races, very safe and plenty to do. The only downside is the weather in the winter but I tell you the summers make up for  More

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