Market Intelligence · AK / Fairbanks

Fairbanks, AK 99701 Housing Market

The typical home in Fairbanks, AK 99701 is worth $269,433, up 6.4% over the past year. The median list price is $269,450, and homes spend a median of 36 days on market. That is a market moving at a steady pace with values still climbing.

Updated August 2026Median value$269K

The median home value in Fairbanks, AK 99701 is $269K as of August 2026, up 6.4% 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

$248K to $291K

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

+6.4% over 12 months

Typical home value in 99701 over the last 12 months: $253K in Aug 2025 to $269K in Aug 2026 (+6.4%).

Aug 2025$253K

Aug 2026$269K

The numbers

What is the 99701 housing market like?

Typical home value

$269K

Up6.4%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 (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 99701 home prices compare?

  • 99701$269,433
  • Fairbanks$317,948
  • Alaska$356,539
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Fairbanks: 3 ZIPs; Alaska: 50 ZIPs; United States: 26,265 ZIPs).

Context

As of 2026-08-01, there are 38 homes for sale in 99701, with 28 new listings adding to supply. The median list price of $269,450 sits close to the typical home value of $269,433, which is up 6.4% over the past year. Homes are selling in a median of 36 days, so well-priced listings are finding buyers without long waits. Still, 24.1% of listings have taken a price cut, which shows that some sellers are overshooting the market. If you price at or near current value, this is a reasonable time to sell.

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