Market Intelligence · AK / Fairbanks

Fairbanks, AK 99709 Housing Market

The typical home value in Fairbanks, AK 99709 is $317,948, up 4.5% over the past year. The median list price stands at $339,000, and homes spend a median of 47 days on market.

Updated August 2026Median value$318K

The median home value in Fairbanks, AK 99709 is $318K as of August 2026, up 4.5% 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 99709 range

$293K to $343K

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

+4.5% over 12 months

Typical home value in 99709 over the last 12 months: $304K in Aug 2025 to $318K in Aug 2026 (+4.5%).

Aug 2025$304K

Aug 2026$318K

The numbers

What is the 99709 housing market like?

Typical home value

$318K

Up4.5%YoY

Median list price

$339K

Up3.5%MoM

Days on market

47

Up20.5%MoM

Homes for sale

84

Up13.5%MoM

Price cuts

27.9%

Down4.6%MoM

New listings

44

Flat0.0%MoM

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

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The comparison

How do 99709 home prices compare?

  • 99709$317,948
  • 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

There are 84 homes for sale in 99709, with 44 new listings arriving. That gives buyers a reasonable selection for this market. Homes take a median of 47 days to go under contract, so sellers should expect a measured pace rather than a quick frenzy. The typical home value of $317,948 is up 4.5% over the past year, while 27.9% of listings have taken a price cut. For a seller, this means values are holding up, but pricing right from the start matters because overpriced homes are getting marked down.

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20% · $63,590

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