Land and home values in Fairbanks North Star Borough, Alaska
Fairbanks North Star Borough (metro core, Fairbanks-College, AK) covers 7,335 square miles and 22 census tracts. Residential land is about $4.01 per sq ft at the county median, from $1.82 in its most rural tracts to $6.59 in its most valuable. The typical home is worth about $334,000 and a 2-bedroom rents for about $1,510 a month, as of October 12, 2026.
Open on the satellite mapAll of AlaskaCounty values
| Land: residential | $4.01 | per sq ft |
| Land: residential | $174,893 | per acre |
| Land: quarter-acre lot | $43,723 | 10,890 sq ft |
| Land: farmland | $2,300 | per acre |
| Home: typical (median) | $334,000 | value |
| Home: entry-level | $246,000 | lower quartile |
| Home: upper-end | $463,000 | upper quartile |
| Build new | $177 | per sq ft, no land |
| Rent: 1-bedroom | $1,150 | per month |
| Rent: 2-bedroom | $1,510 | per month |
| Rent: 3-bedroom | $2,110 | per month |
| Rent: 4-bedroom | $2,540 | per month |
| Gross yield, 2-bed | 5.4% | a year |
Price tiers
| Tier | Tracts | Land $/sq ft | Typical home | Rent 2-bed |
|---|---|---|---|---|
| Top tier | 1 | $6.59 | $460,000 | $1,350 |
| Upper | 5 | $3.27 | $398,000 | $1,560 |
| Mid | 4 | $4.84 | $339,000 | $1,620 |
| Entry | 7 | $3.97 | $278,000 | $1,480 |
| Rural | 5 | $4.01 | $323,000 | $1,350 |
Tiers rank neighborhoods by home value within each metro area; outside metro areas they follow how built-up the land is. They describe prices only.
Cities and towns
Highest-value places
| Place | Type | Land $/sq ft | Typical home |
|---|---|---|---|
| Salcha | Community | $6.59 | $362,000 |
| Chena Ridge | Community | $6.53 | $460,000 |
| Birchwood Homes | Subdivision | $6.21 | $325,000 |
| Westgate South #1 | Subdivision | $5.92 | $317,000 |
| Hamilton Acres | Neighborhood | $5.84 | $316,000 |
| Riverside Park | Subdivision | $5.71 | $314,000 |
| Hilton Park | Subdivision | $5.69 | $307,000 |
| Fairbanks | Town | $5.63 | $312,000 |
Questions people ask
How much is land worth in Fairbanks North Star Borough, AK?
Residential land in Fairbanks North Star Borough, AK is about $4.01 per square foot, or $174,893 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $43,723. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Fairbanks North Star Borough, AK?
The typical (median) home in Fairbanks North Star Borough, AK is worth about $334,000, with entry-level homes around $246,000 and upper-end homes around $463,000, as of October 2026.
How much is rent in Fairbanks North Star Borough, AK?
A 2-bedroom rents for about $1,510 a month in Fairbanks North Star Borough, AK, a 1-bedroom about $1,150 and a 3-bedroom about $2,110 (gross rent including utilities, HUD Fair Market Rent basis).
How much is farmland per acre in Fairbanks North Star Borough, AK?
Farmland averages about $2,300 an acre in Fairbanks North Star Borough, AK (USDA, including buildings), well below residential land.
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.