39Alpha

Fairbanks North Star Borough, AK Housing Market Brief

county · AK · score computed October 2026

Buyer's

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%
●64
Inventory Health25%
●4

Population band 4 of 5 (population 39,232–102,612) · comparable within its band

Affordability20%
●33
Economic Strength20%
●50
Rental Yield15%
●56

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?

County-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.

Fairbanks North Star Borough, AK housing market data

MetricValueYoYSource
Median Sale Price$352K▲ +1.2%Redfin
Median Days on Market51 days▼ -8.9%Redfin
Months of Supply2.8▲ +7.7%Redfin
Homes for Sale409▲ +20.3%Redfin
Homes Sold144▲ +8.3%Redfin
Median Price / Sq Ft$210▲ +1%Redfin

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

Now: 39
2-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?

In the scores computed October 2026, Fairbanks North Star Borough, AK is classified as a Buyer's Market, based on its Alpha Score of 39 out of 100. The classification reflects current price, building, 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 $352K, having risen 1.2% over the past year, according to Redfin.

How affordable is Fairbanks North Star Borough, AK?

Fairbanks North Star Borough, AK scores 33 out of 100 on affordability — relatively unaffordable 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 Price Momentum (64/100) and its weakest is Inventory Health (4/100). 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.