47Alpha

Fairbanks, AK metro area Housing Market Brief

metro · AK · score computed September 2026

Balanced

What is Fairbanks, AK metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
●97
Inventory Health25%
●5

Population band 3 of 5 (population 58,778–112,360) · comparable within its band

Affordability20%
●43
Economic Strength20%
●44
Rental Yield15%
●60

Where is Fairbanks, AK metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Fairbanks, AK metro area is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Fairbanks, AK metro area?

Our model forecasts Fairbanks, AK metro area’s home prices to hold flat over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Fairbanks, AK metro area housing market data

MetricValueYoY
Median Sale Price$389K▲ +11.1%
Median Days on Market46 days▲ +4.6%
Months of Supply2.5▼ -10.7%
Homes for Sale369▼ -0.3%
Homes Sold154▲ +12.4%
Median Price / Sq Ft$218▼ -0.8%

Markets like Fairbanks, AK metro area

Frequently asked questions

Is Fairbanks, AK metro area a buyer's or seller's market?

In the scores computed September 2026, Fairbanks, AK metro area is classified as a Balanced Market, based on its Alpha Score of 47 out of 100. The classification reflects current price, building, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Fairbanks, AK metro area?

The median sale price in Fairbanks, AK metro area is $389K, having risen 11.1% over the past year.

How affordable is Fairbanks, AK metro area?

Fairbanks, AK metro area scores 43 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Fairbanks, AK metro area's Alpha Score?

Fairbanks, AK metro area's strongest dimension is Price Momentum (97/100) and its weakest is Inventory Health (5/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Fairbanks, AK metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.