Fairbanks, AK Real Estate

According to census data in the year 2000 there were 12,414 housing units in Fairbanks. This represents a 1% decline from 12,537 in 1990.

Of those housing units, 11,908 were located in either urbanized areas or urban clusters, and 506 were located in what is classified as a rural area.

Homeownership rate in Fairbanks is about 34.7%. Fairbanks's vacancy rate, including seasonal lodging, is about 10.4%. Average household size is 2.55 people.

The majority of houses, apartments or condos in Fairbanks were built after 1971.


Housing Size

Housing Units by Size
Studio Type7.20%
One Bedroom22.10%
Two Bedrooms31.20%
Three Bedrooms27.40%
Four Bedrooms9.10%
Five Bedrooms or more2.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1970
Median Value of occupied units$126,400
Median Price asked for vacant units$115,100

Rented Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1972
Median Monthly Rent asked for vacant units$629

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.30%
Home Equity Loan2.40%
Simple Mortgage64.50%
Debt Free26.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%