Explore Similar Townhomes Within 25 Miles of Downtown Fairbanks, AK
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Why Live in Downtown Fairbanks
Downtown Fairbanks offers a mix of dining, shopping, and cultural experiences. Lavelle’s Bistro on Second Avenue is known for its upscale American entrees, while Bahn Thai and The Crepery provide diverse culinary options nearby. The Co-Op Plaza, featuring gift shops and the Fairbanks Community Museum, is a popular spot for tourists. The Fairbanks Ice Museum and Fairbanks Children’s Museum are within walking distance, adding to the list of things to do. The Co-op Market Grocery & Deli offers local produce and fish, with additional retail options available 2 miles north at Bentley Mall. Outdoor enthusiasts can enjoy the Chena River, popular for summer floating activities, and the Chena Riverwalk, which leads to Kiwanis Park and Growden Park, home to Gold Panner Baseball and a skate park. Pioneer Park, a historic village and amusement park, is also nearby. The neighborhood is highly walkable and bikeable, though most residents use cars due to harsh winter conditions. Homes in Downtown Fairbanks vary widely in style and age, from early 1900s Cape Cods to postwar ranches, with no HOA regulations. Barnette Magnet School, serving pre-kindergarten through eighth grade, is highly rated, offering unique electives through its Exploration program. The area is safer than the national average, and Fairbanks International Airport is about 4 miles west. Annual events like the Midnight Sun Festival and Golden Days celebrate local culture and history, drawing large crowds each summer.
Home Trends in Downtown Fairbanks, AK
On average, homes in Downtown Fairbanks, Fairbanks sell after 21 days on the market compared to the national average of 51 days. The median sale price for homes in Downtown Fairbanks, Fairbanks over the last 12 months is $250,000, up 42% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$250,000
Median Single Family Sale Price
$275,000
Median 2 Bedroom Sale Price
$215,000
Median 1 Bedroom Sale Price
$89,200
Average Price Per Sq Ft
$169
Number of Homes for Sale
3
Last 12 months Home Sales
21
Months of Supply
1.70
Median List Price
$250,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
42%