properties are included. each individual house in the neighborhood. Homes.com, Dominion Enterprises, Property Managers, Owners, Local Pros, and paid advertisers are not responsible for typographical errors. Learn how to sell your home in a few simple steps. The median listing price of land in Fairbanks is $229,900. The median list price per square foot in Fairbanks, AK is $163. Search through Fairbanks property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. This is a 6% increase compared to the previous year. Fairbanks. View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. 3755 Mitchell Ave is within the school district Fairbanks North Star Borough School District with nearby schools including Hunter Elementary School, Ryan Middle School, and Lathrop High School. NeighborhoodScout has calculated and provides home appreciation rates as a The data Homes.com | © 2021 Dominion Enterprises. one of the highest appreciating in the nation over the last 5-years, but is These data are combined with the data of the Search Fairbanks, AK home values, property records, real estate, and MLS Listings. home for sale:. or multi-unit properties are also excluded. This property was originally built in 1973. Home Values, Rents: Reflects Q4 2020. The following are average costs and prices reported back to us: Cost of Custom Home Building in Alaska $163.30 per square foot (basic construction) (Range: $131.44 - $195.16) Recently (March 16) the national average for heating oil (not including Alaska) was $4.10/gal while a local retailer in Fairbanks quoted $4.44/gal, a difference of … The median list price per square foot in Fairbanks, AK is $163. Different neighborhoods Conforming refers to a mortgage that both meets neighborhood-specific median house values from the Census Bureau using Our data are built upon 99701, Fairbanks, Alaska - March 21, 2018 Custom Home Building $136.04 - $201.99 per square foot (basic construction) Includes labor for building a new home. This Single Family Residence is located at 4240 Parks Ridge Rd, Fairbanks, AK. We show both the cumulative It is accessible by water and air from outside the region in the Summer and air only in the winter. information is obtained by reviewing repeat mortgage transactions on 1610 24Th Ave is within the school district Fairbanks North Star Borough School District with nearby schools including Denali Elementary School, Ryan Middle School, and Lathrop High School. and even most neighborhoods in America. The population is primarily white, and mostly married couples. Each quarter, Fannie Mae and Freddie Mac provide their most recent mortgage There is a lot of housing in Fairbanks built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. All project costs (surface preparation, components and machinery), and cleanup fees. The estimated value of this home is currently priced at 408,564, approximately $129.87 per square foot. Terms & Conditions, Copyright and Privacy Policy. price changes in repeat sales or refinancings on the same properties. That being said, the average listing price in Fairbanks is right around $199,000, while it hovers around $345,000 in Anchorage. 750 McGrath Rd is within the school district Fairbanks North Star Borough School District with nearby schools including Joy Elementary School, Tanana Middle School, and Lathrop High School. This property was originally built in 1982. Raw data sources: 3945 Birch Ln is within the school district Fairbanks North Star Borough School District with nearby schools including University Park Elementary School, Ryan Middle School, and West Valley High School. Mortgage transactions on condominiums Browse data on the 1,609 recent real estate transactions in Fairbanks AK. The estimated value of this home is currently priced at 236,088. States Bureau of the Census with quarterly house resale data. This Single Family Residence is located at 762 Lancaster Dr, Fairbanks, AK. by Fannie Mae or Freddie Mac (by the FHFA). The bulk of the market consists of the mid-range homes for sale in Fairbanks, the current average listing price of homes for sale in Fairbanks AK is about $233,700, which … This Single Family Residence is located at 2718 Talkeetna Ave, Fairbanks, AK. The appreciation rates serve Fairbanks, AK represents 0% of … Census, and a weighted repeat sales index, meaning that they measure average [This average (residential) electricity rate in Fairbanks is 35.46% greater than the Alaska average rate of 17.88¢/kWh. Compare Fairbanks values to both low and high values in the U.S. overall: Average monthly solar radition in Fairbanks is 50% lower than an example high average monthly solar radiation in NV. Residential Electricity in Fairbanks; The average residential electricity rate in Fairbanks is 24.22¢/kWh. 1 to HS No. American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency. the Federal Housing Finance Board. There are currently 545 properties  with a median home value in Fairbanks, AK of $244,200. There are currently 560 properties with a median home value in Fairbanks, AK of $244,200. Read more about Scout's Real Estate Data. This property was originally built in 1977. 7,043,501 and 7,680,859. 4000 E Horn Way is within the school district Fairbanks North Star Borough School District with nearby schools including University Park Elementary School, University Park Elementary School, and West Valley High School. 67.28% of Fairbanks's dwellings are rentals. Relative to Alaska, our data show that Fairbanks's latest annual appreciation rate is lower than 70% of the other cities and towns in Alaska. median house values in each neighborhood, and combine data from the United The median home cost in Fairbanks is Real Estate: $246,700. Furthermore, 71.8% of the homes in Alaska fall somewhere between $108,722 and $435,285 in value. Find land in Fairbanks, AK including vacant residential lots ready to build, commercial land real estate, farmland acreage, and rural homes with land. period. renters or have no single-family homes (dwellings without an entrance directly 3544 Starship Ln is within the school district Fairbanks North Star Borough School District with nearby schools including Woodriver Elementary School, Woodriver Elementary School, and West Valley High School. Fairbanks, AK Housing Market Trends. appreciation rate, and the average annual appreciation rate for each time The estimated value of this home is currently priced at 462,456, approximately $180.65 per square foot. This makes comparisons of house appreciation rates equally easy for professional All Rights Reserved, 322 Old Chena Hot Springs Rd, Fairbanks, AK 99712, Interested in knowing how much your home in. Properties matching your search have an average property price of $112,256 and a price per acre of $14,072. The estimated value of this home is currently priced at 167,508, approximately $152.28 per square foot. entity. In general, homes cost a little more in Alaska than the rest of the U.S. Fairbanks (Tanana: Tanan) is a home rule city and the borough seat of the Fairbanks North Star Borough in the U.S. state of Alaska. amount exceeds the conforming loan limit. This property was originally built in 1975. The Homes.com Automated Valuation Model (AVM) provides an estimate of the home value  of every on and off market property in the US. With 30,917 people, 10,866 houses or apartments, and a median cost of homes of $252,791, Fairbanks real estate prices are well above average cost compared to national prices. or neighborhood over the latest quarter, the last year, 2-years, 5-years, This property was originally built in 1970. This property was originally built in 1986. Cost accounts for permitting, pouring the foundation, standard building materials, basic finishes, and cleanup. 2016 estimates put the population of the city proper at 32,751, and the population of the Fairbanks North Star Borough at 97,121, making it the second most populous metropolitan area in Alaska … As such, NeighborhoodScout does Individual neighborhoods within Fairbanks differ in their investment potential, sometimes by a great deal. Key findings. This This New Home Builders Fairbanks Quote Includes: Average labor costs to build an addition in Fairbanks, Alaska. This property was originally built in 1949. The estimated value of this home is currently priced at 204,768, approximately $426.60 per square foot. This Single Family Residence is located at 750 McGrath Rd, Fairbanks, AK. period (e.g., last 5-years: 84% total appreciation, Avg. to other cities, towns and neighborhoods in the nation, and within the same 523 Sun Way is within the school district Fairbanks North Star Borough School District with nearby schools including Pearl Creek Elementary School, Pearl Creek Elementary School, and West Valley High School. 8,376,755. This Single Family Residence is located at 3544 Starship Ln, Fairbanks, AK. mochalite 7 hours ago. Home appreciation the last 10 years has been 2.1%. Food & Groceries in Fairbanks, Alaska are 8.7% more expensive than Anchorage, Alaska. The estimated value of this home is currently priced at 261,576, approximately $326.97 per square foot. than one mortgage transaction has occurred. With 30,917 people, 10,866 houses or apartments, and a median cost of homes of $252,791, Fairbanks real estate prices are well above average cost compared to national prices. 1 to HS No.1 price differential for Fairbanks is 3 4 cents/gallon, representing a 15% increase. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Fairbanks were at 2.16%, which equates to an annual appreciation rate of 8.93%. Updated annually. appreciation rates for each city, town and neighborhood within each time There is also a lot of housing in Fairbanks built between 1940-1969 ( 26.10%). The estimated value of this home is currently priced at 356,076, approximately $152.17 per square foot. View for neighborhood property values, nearby sales and find your perfect home in Fairbanks, AK. per year: 16.8%). 762 Lancaster Dr is within the school district Fairbanks North Star Borough School District with nearby schools including Pearl Creek Elementary School, Randy Smith Middle School, and West Valley High School. 10-years, and even from 2000 to present. The median property tax (also known as real estate tax) in Fairbanks North Star Borough is $2,693.00 per year, based on a median home value of $206,800.00 and a median effective property tax rate of 1.30% of property value.. Fairbanks North Star Borough collects very high property taxes, and is among the top 25% of counties in the United States ranked by property tax collections. Keep your personal contact info confidential until you choose the real estate agent you like best. At $232,800 the average home value here is a bit higher than average for the Fairbanks metro area, so this probably isn't the place to look for housing bargains. By sending this Report you agree to NeighborhoodScout's, REAL ESTATE APPRECIATION & HOUSING MARKET TRENDS. Local Prices in Fairbanks, AK. Fairbanks Real Estate Values Get an instant valuation of your home by entering your address below. This Single Family Residence is located at 2707 Bonanza Trl, Fairbanks, AK. The Homes.com Automated Valuation Model (AVM) provides an estimate of the home value  of every on and off market property in the US. This property was originally built in 1969. 1535 Gunning Dr is within the school district Fairbanks North Star Borough School District with nearby schools including Weller Elementary School, Tanana Middle School, and Lathrop High School. Bethel is a village on the Kuskokwim River. of the movement of single-family house prices. This Single Family Residence is located at 3945 Birch Ln, Fairbanks, AK. Over the last year, Fairbanks appreciation rates have trailed the rest of the nation. In the last twelve months, Fairbanks's appreciation rate has been 4.40%, which is lower than appreciation rates in most communities in America. Appreciation rates are updated Our nationally-comparable school ratings are covered under US Patent No. as an accurate indicator of house price trends at the neighborhood level. According to NeighborhoodScout, the state median home value is $265,385. Fairbanks is dominated by renter-occupied one, two, or no bedrooms apartments. Ft. single fa… The average annual home appreciation rate in Fairbanks during the period has been just 1.63%, which is lower than 70% of US communities. Updated quarterly. Owners report a low vacancy rate and each unitrents out from $700 to $900 a month with tenants paying their own electric in 4 out of the 6 units. Mortgages on properties financed by government-insured loans, such as FHA This Single Family Residence is located at 3755 Mitchell Ave, Fairbanks, AK. Other types of housing that are prevalent in Fairbanks include large apartment complexes or high rise apartments ( 27.49%), duplexes, homes converted to apartments or other small apartment buildings ( 24.17%), and a few row houses and other attached homes ( 13.60%). According to the National Association of Realtors, the average single-family home sale price for existing homes in 2015 was $267,300. This property was originally built in 1980. are neither insured nor guaranteed by the FHA, VA, or other federal government All the trademarks displayed on this page are the property of Location, Inc®. 99701, Fairbanks, Alaska - May 15, 2018 Building a Home Addition $116.79 - $185.52 per square foot for standard grade construction Cost estimate range considers home addition construction labor. • The average ULS No. NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… creating an updated historical database that is then used to estimate the Great for discovering comps, sales history, photos, and more. Some of the bigger cities have higher median values, as Anchorage and Juneau stand at $303,601 and $364,295, respectively.Perhaps the most disturbing trend regarding the Alaskan home … The estimated value of this home is currently priced at 225,180, approximately $111.70 per square foot. Fairbanks ULS is more expensive than Anchorage, reflecting additional transport costs. investors and individual homebuyers. This Single Family Residence is located at 1535 Gunning Dr, Fairbanks, AK. This property was originally built in 2010. single-family properties whose mortgages have been purchased or securitized to produce neighborhood appreciation rates. NeighborhoodScout's proprietary algorithms developed by Dr. Schiller, $3.05. The average rent for a 1-bedroom apartment apartment in Fairbanks, AK is currently $900. Copyright © 2000-2021 Location Inc®. 2707 Bonanza Trl is within the school district Fairbanks North Star Borough School District with nearby schools including Pearl Creek Elementary School, Pearl Creek Elementary School, and West Valley High School. Find Fairbanks, AK land for sale at realtor.com®. Interested in knowing how much your home in Fairbanks, AK is worth? The estimated value of this home is currently priced at 266,570, approximately $277.68 per square foot. This property was originally built in 2003.   Investors! Vacant housing appears to be an issue in Fairbanks. Other US patent applications are currently pending. transactions to the FHFA. Single-family detached homes are the single most common housing type in Fairbanks, accounting for 33.98% of the city's housing units. Downloadable Text File – PDF These wage data are grouped into 21 occupational groupings. 356,076, approximately $ 186.36 per square foot off-market properties likely to sell, refinance, or other government. Last 10 years has been 2.1 % best move with tools, tips and advice from start-to-finish nor. Of average paychecks required to afford the average rent for a 1-bedroom apartment apartment in Fairbanks, AK interest... Recent mortgage transactions on condominiums or multi-unit properties are also excluded cents/gallon the... 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