Single-family Foreclosures in Fairbanks, AK 99775

Current Market Conditions in Fairbanks, AK

The real estate market in Fairbanks shows a steady growth trend, with home prices experiencing a moderate increase over the past year. High demand for properties, particularly those with access to outdoor activities and scenic views, has drawn in both residents and investors. New developments and a tight housing inventory have contributed to a competitive market, appealing to buyers interested in the unique lifestyle that Fairbanks has to offer.

Rent Prices In Fairbanks, AK

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Fairbanks, AK, is on a rollercoaster ride. The average rent price in Fairbanks, AK, is $1,759.00. Indeed, when looking to rent in Fairbanks, AK, you can expect to pay as little as $700.00 or as much as $3,310.00, with the average rent median estimated to be $1,720.00. The good news is that finding an affordable and desirable property to rent in Fairbanks, AK -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.