Market Intelligence · AK / Fairbanks

Fairbanks, AK 99712 Housing Market

A typical home in Fairbanks, AK 99712 is valued at $325,082, up 2.2% over the past year. The median list price is $323,750, and homes stay on the market for a median of 39 days before going under contract.

Updated August 2026Median value$325K

The median home value in Fairbanks, AK 99712 is $325K as of August 2026, up 2.2% 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 99712 range

$299K to $351K

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

+2.2% over 12 months

Typical home value in 99712 over the last 12 months: $318K in Jul 2025 to $325K in Jul 2026 (+2.2%).

Jul 2025$318K

Jul 2026$325K

The numbers

What is the 99712 housing market like?

Typical home value

$325K

Up2.2%YoY

Median list price

$324K

Up35.6%MoM

Days on market

39

Up11.4%MoM

Homes for sale

59

Up25.5%MoM

Price cuts

16.7%

Down28.5%MoM

New listings

32

Flat0.0%MoM

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

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The comparison

How do 99712 home prices compare?

  • 99712$325,082
  • 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 59 homes for sale as of early August 2026, with 32 new listings entering the market. The median time to sell is 39 days. About 16.7% of listings have seen a price cut, suggesting some sellers are adjusting expectations. Despite the modest appreciation over the past year, the relatively high share of price reductions indicates a buyer-leaning market where negotiation room exists for serious purchasers.

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