The housing market in Southeast Fairbanks, AK County is flourishing. The median value of houses in the area is $359,500, which is higher than the US house median value of $338,100. Over the last year house appreciation has been impressive with 8.27% on a national scale and an even higher 10.48% increase in the Southeast Fairbanks, AK County area. This suggests that now is a great time to invest in the local housing market as it shows no signs of slowing down anytime soon.
The median home cost in Southeast Fairbanks Census Area County is $359,500. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Southeast Fairbanks Census Area County is up 8.2%.
Average Age of Homes
- The median age of Southeast Fairbanks Census Area County real estate is 33 years old
The Rental Market in Southeast Fairbanks Census Area County
- Renters make up 17.7% of the Southeast Fairbanks Census Area County population
- 1.3% of houses and apartments in Southeast Fairbanks Census Area 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.