Is Fairbanks, AK 99709 a buyer’s or seller’s market?
Fairbanks is a seller’s market. With about 3 months of supply and 1% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3Under 4 months = seller’s market
Sold above original list0.9%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market50Listing to accepted offer
Median price per sq ft$213▲ +0.2% vs. last year
Run the numbers for 99709
Nearby markets
Ester 99725 — /sq ftFairbanks 99712Seller’s market $223 /sq ftFort Wainwright 99703Seller’s market $184 /sq ftNorth Pole 99705Seller’s market $235 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology