Property prices for sale in Fairbanks (Alaska)

The prices in real estate in Fairbanks, in the Alaska region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$190,211.33
Average price last 6 months
$638
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Fairbanks has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $740. In April this price pretty much remained the same at a value of $762 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $751 to $744.5 per sq.feet. The price per sq.feet has had a considerable deflation of 56 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $747.75 to $418.5 during July, and August.

Average price

Based upon to the price in Fairbanks (cities), this has gone up considerably in the last 6 months. The price in March is $169,041, rising in April till $188,013. During the following two months (May, June) the price has had an average incrementation from $178,527 to $189,095. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $198,933 they are 39 % more affordable than the average price for Fairbanks. The properties with the highest average price have 3 bedrooms, Their price is 65 % more costly than the average. After that we have properties with 4 bedrooms priced at $305,269.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $167 / sq.feet, with an average $369 / sq.feet price in Fairbanks. The properties with the highest average prices have 4 bedrooms. They are 140 % more expensive than the average followed by properties with 3 bedrooms with a price at $773 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $198,933 it is 70 % cheaper than the average price in Fairbanks. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $240,578 it is 38 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $119 / sq.feet followed by "Apartment" priced at $131 / sq.feet. "House" is the most costly type of property with a $516 / sq.feet cost followed by "Land" with an average price of $215 / sq.feet.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Fairbanks
Number of properties used in region Alaska
$198,933
$369
4,492
22,080
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
4 Bedroom Apartment For Rent At 2114 Eagan Avenue #2, Fairbanks, Ak 99701 Weeks Field
 2
4 Bedroom Apartment For Rent At 2114 Eagan Avenue #2, Fairbanks, Ak 99701 Weeks Field
$1,600
Fairbanks, Alaska - For Rent - Apartment - 1,350 sq.feet - 4 bedrooms - 2 bathrooms
Come see this beautiful 4 bedroom downstairs unit for rent in fairbanks and close to ft. Wainwright, pioneer park, and soccer fields. Your just a stones throw away...
2 Bedroom Apartment For Rent At 827 17th Ave, Fairbanks, Ak 99701 Van Horn Industrial Area
 4
2 Bedroom Apartment For Rent At 827 17th Ave, Fairbanks, Ak 99701 Van Horn Industrial Area
$1,300
Fairbanks, Alaska - For Rent - Apartment - 900 sq.feet - 2 bedrooms - 1 bathroom
2bed, 1bath apt for rent, updated appliances and flooring, secure entry door, new carpet, energy efficient windows with lots of light, lots of storage in the...
175 Sunny Hills Drive 1 Bedroom Apartment For Rent At 175 Sunny Hills Dr, Fairbanks, Ak 99712
 10
175 Sunny Hills Drive 1 Bedroom Apartment For Rent At 175 Sunny Hills Dr, Fairbanks, Ak 99712
$1,350
Fairbanks, Alaska - For Rent - Apartment - 1,000 sq.feet - 1 bedroom - 1 bathroom
One bedroom duplex unit 10 minutes from west fairbanks. This property offers a large... From west fairbanks. This property offers a large bedroom with walk in closet. Bathroom...
1 Bedroom Home For Rent At 3420 3420 Davis Rd A, Fairbanks, Ak 99709
 7
1 Bedroom Home For Rent At 3420 3420 Davis Rd A, Fairbanks, Ak 99709
$1,100
Fairbanks, Alaska - For Rent - House - 1 bedroom
-rd-fairbanks-ak-unit-a 370410 property id 370410 no pets allowed...
2550 Linda Ln. Studio Apartment For Rent At 2550 Linda Ln, Fairbanks, Ak 99709
 5
2550 Linda Ln. Studio Apartment For Rent At 2550 Linda Ln, Fairbanks, Ak 99709
$675
Fairbanks, Alaska - For Rent - Apartment
Heat included- cozy dry cabin available for rent! - *due to covid-19, all in-person showings of a property require an application to be filled out prior to....