Fairbanks
Fairbanks

Fairbanks Housing Market Report

Balanced Market

All types - for the month of February

Buyer's market Seller's market

4

Days of inventory (DOI)*

DOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a DOI of 0-3 months indicates a seller's market, where homes are selling quickly and there are more buyers than available homes.

22

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

46

New

33(+26.92% YoY)

Relisted

1(-50.00% YoY)

Compared to number of active, same period, in 2024: 34, in 2023: 27, in 2022: 21

Total Sold Listings*

12

Median Sold Price

$1,133,500

Avg Days on Market

22 days

Median Bidding

$76,000

Compared to number of sold, same period, in 2024: 13, in 2023: 16, in 2022: 25

*Data is for the month of February

Median Sold Price vs Average Days and Average Total Days on Market - Fairbanks - All types

Sold vs Active vs New vs Relisted - Fairbanks - All types

Sold Price Distribution - Fairbanks - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Fairbanks - All types

Property type distribution based on data from the last 3 months.

Median Price - Fairbanks - All types

Population and Demographics

Overview

Total population 17400
Average household income $111,708

Age (%)

35 to 49
22%
20 to 34
22%
50 to 64
21%
0 to 19
18%
65 and plus
17%

Household composition (%)

Single family
61%
Single person
31%
Multi person
7%
Multi family
1%

Mother tongue (%)

English
50%
Portuguese
19%
Spanish
9%
Tagalog (Pilipino, Filipino)
6%
Italian
5%
Others
4%
Vietnamese
1%

House tenancy (%)

Owners
52%
Renters
48%

Top 4 Schools in Fairbanks

St Thomas Aquinas Catholic School636 Glenholme Ave, M6E 3G9, Toronto, ON
8.2/10
Public•JK-8
St John Bosco Catholic School75 Holmesdale Rd, M6E 1Y2, Toronto, ON
6.6/10
Public•JK-8
St Nicholas of Bari Catholic School363 Rogers Rd, M6E 1R6, Toronto, ON
4.4/10
Public•JK-8
D'Arcy McGee Catholic School20 Bansley Ave, M6E 2A2, Toronto, ON
3.2/10
Public•JK-8

Transportation

Car Friendly

3/5

Arteries nearby, but traffic congestion and parking problems are possible

Pedestrian Friendly

5/5

All day-to-day needs are within walking distance

Transit Friendly

5/5

Near a subway and frequent bus lines

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

5/5

At least one grocery store within a few minutes' walk

Nightlife

2/5

Few or no bars within walking distance

Shopping

4/5

Variety of shops within a few minutes' walk

Restaurants

3/5

Variety of restaurants within walking distance