Is now a good time to buy land in Fairbanks, Alaska?
Fairbanks, Alaska is currently a buyer's market with 11.3 months of supply. Buyers have more negotiating power and can take time to find the right property.
Comprehensive market data and analysis• Updated Oct 2026
11.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 7 | 13 | 65 |
| 1-2 acres | 3 | 12 | 16 | 27 |
| 2-5 acres | 3 | 11 | 19 | 40 |
| 5-10 acres | 2 | 5 | 8 | 10 |
| 10-20 acres | - | 4 | 6 | 13 |
| 20-50 acres | 1 | 2 | 3 | 8 |
| 50-100 acres | - | - | - | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 10 | 41 | 65 | 164 |
Fairbanks, Alaska is currently a buyer's market with 11.3 months of supply. Buyers have more negotiating power and can take time to find the right property.
Fairbanks, Alaska currently has 11.3 months of inventory supply. This indicates a buyer's market. Low supply means competition for available properties is high.
Land in Fairbanks, Alaska typically sells within 107 days of listing. The median time on market is 22 days. Properties are moving at a moderate pace in the current buyer's market.
Over the past 12 months, Fairbanks, Alaska saw 164 properties sold. In just the last 3 months, 41 properties changed hands.
The 3-month absorption rate in Fairbanks, Alaska is 8.9%. The 12-month rate is 8.9%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The current absorption rate in Fairbanks, Alaska is 8.9% (3-month basis), indicating moderate demand. The top-performing broker in this market is Keller Williams Realty Alaska Group.
There are currently 154 active listings in Fairbanks, Alaska. 65 new listings have hit the market in the last 90 days. The median asking price is $55K.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
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