Market Intelligence · AK / Fairbanks

Fairbanks, AK 99709 Housing Market

Typical home value in Fairbanks, AK 99709 reached $320,990 as of September 2026, up 5.5% over the past year. The median list price stands at $316,000, with homes spending a median 54 days on the market.

Updated September 2026Median value$321K

The median home value in Fairbanks, AK 99709 is $321K as of September 2026, up 5.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 99709 range

$295K to $347K

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

+5.5% over 12 months

Sep 2025$304K

Low $303KHigh $321K

Sep 2026$321K

The numbers

What is the 99709 housing market like?

As of September 2026

Typical home value

$321K

5.5%YoY

Median list price

$316K

6.8%MoM

Days on market

14.9%MoM

Homes for sale

7.1%MoM

Price cuts

25.9%

7.1%MoM

New listings

0.0%MoM

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

The outlook

99709 housing market forecast 2027

+1.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99709 to rise 1.1% by September 2027.

Over the 12 months through September 2026, typical home values in 99709 rose 5.5%, per the Zillow Home Value Index.

Will home prices drop in 99709?

Zillow's forecast does not call for a drop: it expects typical home values in 99709 to rise 1.1% by September 2027, after a 5.5% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 99709 home prices compare?

99709$320,990
Fairbanks$320,990
Alaska$358,487
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Fairbanks: 3 ZIPs; Alaska: 50 ZIPs; United States: 26,262 ZIPs).

Context

Fairbanks has 90 homes for sale as of September 2026, with 44 new listings entering the market. The median list price of $316,000 sits just below the typical home value of $320,990, reflecting modest upward momentum. However, 25.9% of listings have seen price cuts, suggesting some sellers are adjusting to market conditions. With homes taking a median 54 days to sell, the market is neither brisk nor stalled. Sellers should expect a moderate pace and possibly negotiate if their property sits without offers.

Monthly payment

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Down payment20% · $64,198

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Common questions

What people ask us.

What is a typical home worth in 99709?

The typical home value in Fairbanks, AK 99709 is $320,990 as of September 2026, up 5.5% over the past year.

How many homes are for sale in Fairbanks right now?

There are 90 homes for sale as of September 2026, with 44 new listings added to the market.

How long do homes take to sell in 99709?

The median time on market is 54 days as of September 2026.

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