Housing Prices in Fairbanks North Star, AK
How much do homes in Fairbanks North Star, AK cost?
Median List Price
$321,633
$135/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Fairbanks North Star has increased by 2.1% since last year.
Summary: The median home list price in Fairbanks North Star was $321,633 in March 2024, up 2.1% from the previous year, and the median price per square foot was $135.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $142K | -8.4% |
| 2 Bedrooms | $215K | $225K | +4.7% |
| 3 Bedrooms | $325K | $325K | 0.0% |
| 4 Bedrooms | $367.4K | $429.9K | +17.0% |
| 5+ Bedrooms | $404.9K | $414.7K | +2.4% |
Summary: Fairbanks North Star housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 4.7%, 3 bedroom homes did not change, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 2.4%.
Median List Price Compared To Nearby Cities
| North Pole | $325K | $337.3K | +3.8% |
| Fairbanks North Star | $314.9K | $321.6K | +2.1% |
Housing Supply in Fairbanks North Star, AK
How many homes are available in Fairbanks North Star, AK?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 76 | 62 | -18.4% |
Summary: The Fairbanks North Star real estate market had 62 homes for sale in March 2024, a 18.4% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 9 | -10.0% |
| 2 Bedrooms | 21 | 17 | -19.0% |
| 3 Bedrooms | 23 | 20 | -13.0% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 12 | 8 | -33.3% |
Summary: The Fairbanks North Star housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 10%, 2 bedroom homes decreased by 19%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes decreased by 33.3%.
Days on Market for Fairbanks North Star, AK
How long does it take to sell a home in Fairbanks North Star, AK?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 139 Days | 129 Days | -7.2% |
Summary: Homes in Fairbanks North Star had an average listing age of 129 days in Mar 2024, down by 7.2% compared to the previous year.
