2025 Compare Cities Housing:
Park Forest, IL vs Fairbanks, AK

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Highlights
- The median age of a home in Park Forest is 34.9% older than the median age of a home in Fairbanks.
 Park Forest, ILFairbanks, AKUnited States
 Median Home Age63  Unlock42
 Median Home Cost  Unlock$275,600$338,100
 Home Appr. Last 12 months13.7%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock31.0%57.0%
 Home Appr. Last 10 yrs.66.0%  Unlock101.1%
 Property Tax Rate  Unlock$13.5$11.0
 Homes Owned52.0%  Unlock57.4%
 Housing Vacant  Unlock15.3%11.2%
 Homes Rented38.0%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Park Forest, ILFairbanks, AKUnited States
 Average Rent  Unlock$2,160$1,840
 Studio Apartment$1,190  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,170$1,180
 2 Bedroom Home or Apartment$1,470  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,190$1,860
 4 Bedroom Home or Apartment$2,220  Unlock$2,160
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 Vacant Housing
 Park Forest, ILFairbanks, AKUnited States
 Vacant For Rent  Unlock6.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.7%0.7%
 Vacant Sold0.3%  Unlock0.4%
 Vacant Vacation  Unlock1.0%3.6%
 Vacant Other6.1%  Unlock4.1%
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 Owner-Occupied Housing Value
 Park Forest, ILFairbanks, AKUnited States
 Less Than $20,000  Unlock2.0%2.6%
 $20,000 to $39,99912.8%  Unlock2.4%
 $40,000 to $59,999  Unlock1.3%2.8%
 $60,000 to $79,99916.1%  Unlock3.9%
 $80,000 to $99,999  Unlock2.9%4.5%
 $100,000 to $149,99925.0%  Unlock11.3%
 $150,000 to $199,999  Unlock17.3%13.0%
 $200,000 to $299,9992.2%  Unlock20.1%
 $300,000 to $399,999  Unlock16.1%13.6%
 $400,000 to $499,9990.0%  Unlock8.3%
 $500,000 to $749,999  Unlock2.6%9.7%
 $750,000 to $999,9990.0%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.5%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
 Park Forest, ILFairbanks, AKUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock11.6%13.6%
 2000 to 20093.0%  Unlock13.6%
 1990 to 1999  Unlock7.6%13.6%
 1980 to 19894.3%  Unlock13.2%
 1970 to 1979  Unlock21.1%14.8%
 1960 to 19695.4%  Unlock13.6%
 1950 to 1959  Unlock10.4%10.0%
 1940 to 194911.5%  Unlock4.7%
 1939 or Earlier  Unlock2.2%12.2%
Reviews for Park Forest    4 Reviews

I'm happy to share that it IS coming back. I'm very thankful we found this community. Our family (husband, wife, 1 young child) recently bought our a little house here  More

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Park Forest is beautiful, but it's going down. You can see tons of green, an excellent library, but also plenty of vacant buildings. In its hay day, it must have been  More

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Over 12 years ago

No disrespect to the remaining officials and friends from my upbringing; but, leave town. I read how Park forest continues to fight off urban decay. It's simply a  More

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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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