Market Intelligence · AK / Fairbanks

Fairbanks, AK 99712 Housing Market

Typical home value in Fairbanks, AK 99712 is $322,137, up 4.9% over the past year. The median list price stands at $299,675, with homes taking a median of 51 days on market as of September 2026.

Updated September 2026Median value$322K

The median home value in Fairbanks, AK 99712 is $322K as of September 2026, up 4.9% 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 99712 range

$296K to $348K

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

+4.9% over 12 months

Sep 2025$307K

Low $305KHigh $322K

Sep 2026$322K

The numbers

What is the 99712 housing market like?

As of September 2026

Typical home value

$322K

4.9%YoY

Median list price

$300K

7.4%MoM

Days on market

30.8%MoM

Homes for sale

22.0%MoM

Price cuts

35.3%

111.9%MoM

New listings

62.5%MoM

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

The outlook

99712 housing market forecast 2027

+1.2%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99712 to rise 1.2% by September 2027.

Over the 12 months through September 2026, typical home values in 99712 rose 4.9%, per the Zillow Home Value Index.

Will home prices drop in 99712?

Zillow's forecast does not call for a drop: it expects typical home values in 99712 to rise 1.2% by September 2027, after a 4.9% 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 99712 home prices compare?

99712$322,137
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 72 homes for sale as of September 2026, with 12 new listings that month. The median time to sell is 51 days. A notable indicator of market conditions is that 35.3% of listings have seen a price cut, suggesting sellers are adjusting expectations. Median list price of $299,675 sits below the typical home value, which points to a market where negotiation room exists. If you're thinking about selling, the price cuts and days on market suggest this is a buyer-friendly environment.

Monthly payment

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Home price

Down payment20% · $64,427

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Common questions

What people ask us.

What is a typical home worth in 99712?

Typical home value in Fairbanks is $322,137 as of September 2026, up 4.9% from the prior year.

How long do homes take to sell here?

The median days on market is 51 as of September 2026.

How many homes are listed for sale?

There are 72 homes for sale as of September 2026, with 12 new listings that month.

Discover

Nearby ZIP markets.

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