Why Live in Aurora-Lemeta
Aurora-Lemeta in Fairbanks, Alaska, is a neighborhood known for its proximity to extensive outdoor recreation areas and wildlife refuges. Creamer’s Field Migratory Waterfowl Refuge, located just north of the neighborhood, spans 2,200 acres of farmland, wetland, and boreal forest, offering trails for hiking and cross-country skiing, and opportunities to see sandhill cranes and moose. The nearby Wedgewood Wildlife Sanctuary, about half a mile east, features trails with educational signs about its diverse wildlife. For additional outdoor activities, Birch Hill Recreation Area is 3 miles north and is popular for its trail network and winter sports. The neighborhood hosts the Tanana Valley State Fair and Ice Alaska, featuring ice sculptures and the World Ice Art Championships. Aurora-Lemeta primarily consists of single-family ranch-style homes from the 1950s to 1970s, with some two-story split-level houses. Homes are generally close to the street with small yards and short driveways. The area lacks a homeowners association, leading to a more relaxed atmosphere. West Valley High, located about 3 miles west, is a highly rated school known for its strong STEM program. The neighborhood is safer than the national average, and the City of Fairbanks ensures roads are well-maintained during winter. College Road provides easy access to the University of Alaska Fairbanks and downtown Fairbanks, which is about 2 miles south and offers additional dining, shopping, and museums. The Fairbanks International Airport is approximately 6 miles southwest, facilitating travel.
Frequently Asked Questions
Is Aurora-Lemeta a good place to live?
Aurora-Lemeta is a good place to live. Aurora-Lemeta is considered car-dependent and bikeable with minimal transit options. Aurora-Lemeta has 4 parks for recreational activities. It has a median age of 36. The average household income is $89,208 which is below the national average. College graduates make up 28% of residents. A majority of residents in Aurora-Lemeta are renters, with 51.7% of residents renting and 48.3% of residents owning their home. A
local real estate agent serving Aurora-Lemeta can help you decide if this neighborhood is the right one for you. Learn more on our
Aurora-Lemeta neighborhood guide.
How much do you need to make to afford a house in Aurora-Lemeta?
The median home price in Aurora-Lemeta is $291,945. If you put a 20% down payment of $58,400 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,510 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $65K a year to afford the median home price in Aurora-Lemeta. The average household income in Aurora-Lemeta is $89K.
What are the best public schools in Aurora-Lemeta?
The best public schools that serve Aurora-Lemeta are:
What are the best private schools in Aurora-Lemeta?
The best private schools that serve Aurora-Lemeta are:
What are the most popular zip codes in Aurora-Lemeta, Fairbanks, AK?
What are the most popular neighborhoods near Aurora-Lemeta, Fairbanks, AK?
Are home prices dropping in Aurora-Lemeta?
Yes, home prices in Aurora-Lemeta are down 7% in the last 12 months.
Home Trends in Aurora-Lemeta, AK
On average, homes in Aurora-Lemeta, Fairbanks sell after 55 days on the market compared to the national average of 70 days. The median sale price for homes in Aurora-Lemeta, Fairbanks over the last 12 months is $272,000, down 31% from the median home sale price over the previous 12 months.
Median Sale Price
$272,000
Median Single Family Sale Price
$272,000
Median Townhouse Sale Price
$219,000
Median 2 Bedroom Sale Price
$272,000
Average Price Per Sq Ft
$224
Number of Homes for Sale
6
Last 12 months Home Sales
71
Median List Price
$291,945
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-31%