Market Intelligence · AK / Fairbanks

Fairbanks, AK 99701 Housing Market

The typical home value in Fairbanks, AK 99701 is $276,208, up 6.0% over the past year. The median list price stands at $269,450, with homes spending a median of 36 days on market.

Updated August 2026Median value$276K

The median home value in Fairbanks, AK 99701 is $276K as of August 2026, up 6.0% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 99701 range

$254K to $298K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+6.0% over 12 months

Typical home value in 99701 over the last 12 months: $261K in Jul 2025 to $276K in Jul 2026 (+6.0%).

Jul 2025$261K

Jul 2026$276K

The numbers

What is the 99701 housing market like?

Typical home value

$276K

Up6.0%YoY

Median list price

$269K

Down0.6%MoM

Days on market

36

Up12.5%MoM

Homes for sale

38

Up22.6%MoM

Price cuts

24.1%

Up28.3%MoM

New listings

28

Up40.0%MoM

Sources · Zillow ZHVI (July 2026) / Realtor.com (August 2026) / FRED (August 2026)

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The comparison

How do 99701 home prices compare?

  • 99701$276,208
  • Fairbanks$324,063
  • Alaska$361,476
  • United States$289,821

Median Zillow home value (ZHVI), as of July 2026. Comparison levels are medians across every ZIP code with Zillow data (Fairbanks: 3 ZIPs; Alaska: 50 ZIPs; United States: 26,266 ZIPs).

Context

Fairbanks has 38 homes for sale as of August 2026, with 28 new listings entering the market. The median days on market of 36 suggests a moderate pace of sales activity. A notable 24.1% of listings have received price cuts, indicating some seller adjustments in response to market conditions. Despite the year-over-year appreciation, this price-cut share suggests caution for sellers considering listing right now.

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