Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$292,991−5.3% YoY · prices are falling fast
Market right nowBuyer's marketMore homes for sale than last year, 10% have cut their price
Income needed to buy, per year$63,514About 0.8× the local median income ($80,754): affordable for a typical household
Days on market91 daysFaster than a year ago: sellers have the edge
The typical home in Southeast Fairbanks Borough, AK is worth $292,991, down 5.3% from a year ago. That is well below what local incomes have historically supported: fair value is about $337,219, so the area is 13.1% undervalued. It is a buyer's market: homes take about 91 days to sell, listings are up 40% from a year ago, 10% of listings have had a price cut. A household needs about $63,514 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,754. In the latest IRS figures, 31 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$292,991
Change in 1 year
−5.3%
Overvalued %
−13.1%
Show 6 more
Fair home value
$337,219
Change in 5 years
−6.3%
Home value to income
3.6×
Monthly mortgage payment (20% down)
$1,588
Income needed to afford it
$63,514
Property tax rate
1.19%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,327
Market activity
Listings vs a year ago
+40.0%
Days on market
91
Listings with a price cut
10.1%
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Homes for sale
63
Pending sales per 100 listings
24
Asking price per sq ft
$183
People and jobs
Median household income
$80,754
Population change (1 year)
+0.5%
Unemployment rate
6.5%
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Population
7,270
Income adjusted for cost of living
$83,944
Net moves in (IRS)
−31
Cost of living (US = 100)
96.2
Schools, risk and environment
School rating (1 to 10)
7.5
FEMA hazard risk score (0 to 100)
57.0
Flood risk score
9.4
Show 3 more
Wildfire risk score
97.1
Walkability (1 to 20)
5.2
Road, rail and air noise
53 dB
Questions people ask
Is Southeast Fairbanks Borough, AK overvalued?
Home prices in Southeast Fairbanks Borough, AK are well below what local incomes have historically supported: fair value is about $337,219, so the area is 13.1% undervalued.
Is Southeast Fairbanks Borough, AK a buyer's or seller's market?
Southeast Fairbanks Borough, AK is a buyer's market: homes take about 91 days to sell, listings are up 40% from a year ago, 10% of listings have had a price cut.
Are home prices going down in Southeast Fairbanks Borough, AK?
Home values in Southeast Fairbanks Borough, AK are down 5.3% over the last year.
How much do you need to earn to buy a home in Southeast Fairbanks Borough, AK?
A household needs about $63,514 a year to afford the typical home in Southeast Fairbanks Borough, AK at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $80,754.