1 day on Rocket
#25-3506, Listing Office: Majors Realty Group, LLC
Fairbanks Housing Market Report March 2025•Fairbanks North Star County, Alaska
Housing Prices in Fairbanks, AK
How much do homes in Fairbanks, AK cost?
Median List Price
$320,000$143/SqFt
+$8,050
+2.6%
Based on all homes listed in the last 12 months
Insight
The list price of homes in Fairbanks has increased by 2.6% since last year.
Summary: The median home list price in Fairbanks was $320,000 in March 2025, up 2.6% from the previous year, and the median price per square foot was $143.
Median List Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Fairbanks North Star | $324.9K | $339.9K | +4.6% |
| Fairbanks | $311.9K | $320K | +2.6% |
Median List Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $169.4K | $145K | -14.4% |
| 22 Bedrooms | $209.9K | $233.4K | +11.2% |
| 33 Bedrooms | $319.9K | $327K | +2.2% |
| 44 Bedrooms | $432.4K | $429.9K | -0.6% |
| 55+ Bedrooms | $387.4K | $464.9K | +20.0% |
Summary: Fairbanks housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -14.4%. The home price for 2 bedroom homes increased by +11.2%. The home price for 3 bedroom homes increased by +2.2%. The home price for 4 bedroom homes decreased by -0.6%. The home price for 5 bedroom homes increased by +20.0%.
How does Fairbanks, AK compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Fairbanks, AK
Housing supply in Fairbanks, AK
How many homes are available in Fairbanks, AK?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 33Last MonthMar 2025 | ||
| 202 months agoFeb 2025 | +65.0 % Change MoMFeb – Mar |
Summary: The Fairbanks real estate market had 33 homes for sale in Mar 2025, a 65.0 % increase compared to Feb 2025.
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 2 | 2 | 0.0% |
| 33 Bedrooms | 9 | 11 | +22.2% |
| 44 Bedrooms | 4 | 8 | +100.0% |
| 22 Bedrooms | 3 | 10 | +233.3% |
| 55+ Bedrooms | 2 | 2 | 0.0% |
Summary: Fairbanks housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +22.2%. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes increased by +233.3%. The inventory for 5 bedroom homes remained the same.
Days on Market for Fairbanks, AK
How long does it take to sell a home in Fairbanks, AK?
Breakdown of Home Sale Times
Under 30 Days3 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in Fairbanks are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 5 homes were sold in Fairbanks; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Average Listing Age
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 60 DaysThis YearMar 2025 | ||
| 146 Days1 year agoMar 2024 | -58.5 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Fairbanks had an average listing age of 60 days in Mar 2025, down by 58.5% compared to the previous year.
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Newest Listings in Fairbanks, AK
What homes are available in Fairbanks, AK?
6 days on Rocket
$3,658 Closing Credit¹
#25-3235, Listing Office: Majors Realty Group, LLC
#25-3036, Listing Office: Alaska Life Realty
#25-3034, Listing Office: Alaska Life Realty
#25-3032, Listing Office: Alaska Life Realty
$2,374 Closing Credit¹
#25-2978, Listing Office: Walden Home Group
$4,738 Closing Credit¹
#25-2923, Listing Office: Majors Realty Group, LLC
$3,753 Closing Credit¹
#25-2848, Listing Office: Majors Realty Group, LLC
$1,841 Closing Credit¹
#25-2808, Listing Office: Congress Realty, Inc
#25-2793, Listing Office: Walden Home Group
$4,513 Closing Credit¹
#25-2751, Listing Office: Majors Realty Group, LLC
$3,206 Closing Credit¹
#25-2637, Listing Office: Majors Realty Group, LLC
Nearby markets
Popular Cities with Homes for Sale in Alaska
MLS Disclaimers and Copyright
Based on information from Alaska MLS, for the period 04/01/2023 - 04/01/2025
The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than this broker are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. All square footages are approximations. School boundaries are subject to change. Information is not guaranteed and should be independently verified for accuracy.
Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/4/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.