Fairbanks North Star Borough, AK Housing

The housing market in Fairbanks North Star, AK County is strong and growing, with the median value of homes at $271,700. This is significantly lower than the US median house value of $338,100. However, this county has experienced a higher rate of appreciation in the last year with 10.48%, compared to the national one-year appreciation rate of 8.27%. Therefore, it is an attractive option for buyers looking for a good investment in housing.

The median home cost in Fairbanks North Star Borough County is $271,700. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Fairbanks North Star Borough County is up 8.2%.

Average Age of Homes

- The median age of Fairbanks North Star Borough County real estate is 33 years old

The Rental Market in Fairbanks North Star Borough County

- Renters make up 35.6% of the Fairbanks North Star Borough County population
- 3.8% of houses and apartments in Fairbanks North Star Borough County, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fairbanks North Star Borough, Alaska	United States
	42,870.0	139,647,020.0
	36	42
	$271,700	$338,100
	8.2%	16.6%
	31.0%	57.0%
	43.5%	101.1%
	$13.16	$10.98
	$3,234	$2,690
	48.4%	57.4%
	17.7%	11.2%
	33.9%	31.4%
Vacant Housing
	3.8%	1.9%
	0.9%	0.4%
	0.8%	0.7%
	0.4%	0.4%
	5.3%	3.6%
	6.5%	4.1%
Value of Owner-Occupied Housing
	1.7%	2.6%
	2.3%	2.4%
	0.9%	2.8%
	1.5%	3.9%
	2.3%	4.5%
	9.0%	11.3%
	14.4%	13.0%
	36.0%	20.1%
	21.5%	13.6%
	5.7%	8.3%
	3.9%	9.7%
	0.2%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	16.2%	13.6%
	16.2%	13.6%
	11.4%	13.6%
	28.3%	13.2%
	23.0%	14.8%
	11.4%	13.6%
	4.7%	10.0%
	1.8%	4.7%
	1.0%	12.2%

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