48Alpha

Fairbanks North Star Borough, AK Housing Market Brief

county · AK · as of August 2026

Balanced

What is Fairbanks North Star Borough, AK’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%
-5.147
Inventory Health25%
-17.435
Affordability20%
-13.843
Economic Strength20%
50
Rental Yield15%
-1.672

Where is Fairbanks North Star Borough, AK in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Fairbanks North Star Borough, AK 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 North Star Borough, AK?

Our model forecasts Fairbanks North Star Borough, AK’s home prices to decline about 1.1% 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 North Star Borough, AK housing market data

MetricValueYoY
Median Sale Price$389K▲ +11.1%
Median Days on Market53 days▲ +1.9%
Months of Supply2.5-10.7%
Homes for Sale369-0.3%
Homes Sold154▲ +12.4%
Median Price / Sq Ft$218-0.7%

How has Fairbanks North Star Borough, AK’s Alpha Score moved?

Now: 48
12-period trend
Median sale price · 12 mo

Markets like Fairbanks North Star Borough, AK

Frequently asked questions

Is Fairbanks North Star Borough, AK a buyer's or seller's market?

As of August 2026, Fairbanks North Star Borough, AK is classified as a Balanced Market, based on its Alpha Score of 48 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Fairbanks North Star Borough, AK?

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

How affordable is Fairbanks North Star Borough, AK?

Fairbanks North Star Borough, AK scores 43 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other counties.

What's driving Fairbanks North Star Borough, AK's Alpha Score?

Fairbanks North Star Borough, AK's strongest dimension is Rental Yield (72/100) and its weakest is Inventory Health (35/100). The Alpha Score is a weighted blend of all five dimensions.

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