Market Intelligence · AK / Fairbanks

Fairbanks, AK 99709 Housing Market

The typical home value in Fairbanks, AK 99709 is $324,063, up 3.7% over the past year. The median list price stands at $339,000, with homes spending a median of 47 days on market.

Updated August 2026Median value$324K

The median home value in Fairbanks, AK 99709 is $324K as of August 2026, up 3.7% 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

$298K to $350K

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

+3.7% over 12 months

Typical home value in 99709 over the last 12 months: $312K in Jul 2025 to $324K in Jul 2026 (+3.7%).

Jul 2025$312K

Jul 2026$324K

The numbers

What is the 99709 housing market like?

Typical home value

$324K

Up3.7%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 (July 2026) / Realtor.com (August 2026) / FRED (August 2026)

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The comparison

How do 99709 home prices compare?

  • 99709$324,063
  • 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 84 homes for sale as of early August 2026, with 44 new listings recently hitting the market. The median asking price of $339,000 sits above the typical home value, suggesting some seller optimism. However, 27.9% of listings have already seen price cuts, indicating negotiation is active in this market. Homes are taking 47 days to sell on average. If you're considering selling, recognize that while values have grown modestly this past year, current pricing pressure suggests patience or realistic expectations will matter.

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