Fairbanks, AK Homes for Sale under $200,000

/20
$180,000
- Land
- 4.36 Acres
- $41,284 per Acre
LOT 8 Jasper Ct, Fairbanks, AK 99712

Build your dream home on this expansive lot with vast territorial and mountain views. Set atop Birch Hill in a neighborhood with large lots, very nice homes, and protective covenants, you will have the perfect balance of natural beauty and privacy, yet just minutes from town. Good building soils, large birch trees and at the end of a cul-de-sac, so no through traffic. Power adjacent. Be above the

Kirk Maynard

NEXTHOME ARCTIC SUN

(866) 827-3627

LOT 8 Jasper Ct, Fairbanks, AK 99712
Explore Fairbanks
/14
$130,000
- 576 Sq Ft
8202 Kateel Dr, Fairbanks, AK 99712

Welcome to 8202 Kateel Drive – a 24’ x 24’ dry recreational cabin set on 10 private acres, offering stunning territorial views and peaceful seclusion just a scenic 1-hour drive from Fairbanks through the beautiful Chatanika Valley. Whether you’re seeking a personal retreat or the perfect weekend adventure base, this property delivers an ideal mix of privacy and accessibility. The cabin rests on a

Bobby Desrochers

GOLD STANDARD REAL ESTATE SERVICES, LLC

(844) 721-6383

8202 Kateel Dr, Fairbanks, AK 99712
/26
$199,900
- 3 Beds
- 1,568 Sq Ft
1526 Noble St, Fairbanks, AK 99701

Welcome to 1526 Noble Street, a charming and historic triplex located in the heart of Fairbanks. Built in 1947, this well-maintained property offers classic character with strong rental potential, producing a gross annual income of approximately $36,000. With a total of 1,568 square feet, the home is divided into three 1 bedroom, 1 bathroom units. Two traditional 1 bedroom apartments upstairs and

Nic Williams

THE REAL ESTATE COLLECTIVE

(855) 817-7796

1526 Noble St, Fairbanks, AK 99701
/20
$120,000
- 1 Bed
- 1 Bath
- 1,022 Sq Ft
224 Craig Ave, Fairbanks, AK 99701

Lots of EQUITY HERE! Great starter home close to the Trainor Gate of Ft Wainwright, the schools are just down the street too. One Bedroom, one bathroom upstairs, use the full size basement how you wish! There is a set of stairs to the basement from the exterior if you wanted a duplex with a little work. There is a one car garage that is attached. The lot can be accessed from both streets as the

Jerry Lymburner POWERED BY LYMBURNER REALTY

224 Craig Ave, Fairbanks, AK 99701
/7
$110,000
- 1 Bed
- 239 Sq Ft
1038 Horned Owl Ln, Fairbanks, AK 99709

This newly constructed 18x20 cabin is built for durability, energy efficiency, and comfort, making it an ideal retreat or year-round home in Alaska’s wilderness. The cabin is set on a sturdy adjustable helical pier foundation, ensuring stability and long-term resilience on any terrain. Designed to maximize energy efficiency, it features R39 roof insulation with 2x12 joists, R19 insulated walls

Mat Wade CENTURY 21 GOLD RUSH

1038 Horned Owl Ln, Fairbanks, AK 99709
/2
$195,000
- Land
- 0.28 Acre
- $695,676 per Acre
NHN Chena Landings Loop Rd, Fairbanks, AK 99701

CHENA RIVERFRONT LOT across the Chena River from the Carlson Center parking lot. Warm southern Exposure, all utilities available (including fire hydrants). Paved easy access from Peger Road also. Walking bridge over Chena River provides easy wheelchair, bicycle, or walking access to Pioneer Park, Carlson Center and downtown Fairbanks. Ideal residential location.

Jerrie Wagner NEXTHOME ARCTIC SUN

NHN Chena Landings Loop Rd, Fairbanks, AK 99701
/24
$110,000
- Land
- 3.38 Acres
- $32,516 per Acre
Lot 2, Block B River Park Dr, Fairbanks, AK 99712

**Welcome to Aurora River Estates!** One of Interior Alaska’s newest subdivisions, nestled between the Little Chena and Chena Rivers off Nordale Road—just 15 minutes from both Fairbanks and North Pole. Lots range from 1.8–4.7 acres, each with a mix of mature trees. This lot also has beautiful water frontage, and power adjacent for an easy start to your dream build. This new subdivision is

Joshua Leaders HEDGECOCK GROUP REAL ESTATE, LLC

Lot 2, Block B River Park Dr, Fairbanks, AK 99712
/20
$174,900
- Land
- 5.46 Acres
- $32,033 per Acre
3854 Frenchman Rd, Fairbanks, AK 99709

Prime property to build on! south facing mountain view on nearly 5.5 acres, with two building sites already at different stages of development - There is already power on the property, as well as a solar powered, well-insulated 24' x 40' Weatherport- shop ready for you to work in. For the solar, there are four Rolls Surrette L 16 batteries. Shop is partially insulated with materials on site ready

Kelli Powers CENTURY 21 GOLD RUSH

3854 Frenchman Rd, Fairbanks, AK 99709
/16
$169,900
3047 Chena Hot Springs Rd, Fairbanks, AK 99712

Got a vision? This 1.16-acre GU-1 parcel on paved Chena Hot Springs Road already delivers the big-ticket item: a stout 25 × 40 ft heated shop with power, metal roof, tall door and a full loft for extra storage. The 1956 log cabin and sheds are past their prime—clear the slate and build new while your gear stays warm. Driveway in, electric on site, sunny build spots, and just minutes from town.

GARY GALLEMORE WALDEN HOME GROUP

3047 Chena Hot Springs Rd, Fairbanks, AK 99712
/22
$165,000
- 1 Bed
- 1 Bath
- 892 Sq Ft
4145 Old Wood Rd, Fairbanks, AK 99709

Fabulous views, 1300 ft elevation, temperature inversions possible in the winter, 20 degrees warmer then lower properties. This home has a full bathroom and septic. Priced below borough assessed value for quick sale, at this price seller will do no repairs. Home is level with a robust steel I-beam for structural support. Buyer to retain right and duty of inspection. Seller asking that it be

Kelly Paschall ALASKA REAL ESTATE VALUES

4145 Old Wood Rd, Fairbanks, AK 99709
/2
$195,000
- Land
- 0.32 Acre
- $618,660 per Acre
NHN Chena Landings Loop Rd, Fairbanks, AK 99701

CHENA RIVERFRONT LOT across the Chena River from the Carlson Center parking lot. Warm southern Exposure, all utilities available (including fire hydrants). Paved easy access from Peger Road also. Walking bridge over Chena River provides easy wheelchair, bicycle, or walking access to Pioneer Park, Carlson Center and downtown Fairbanks. Ideal residential location.

Jerrie Wagner NEXTHOME ARCTIC SUN

NHN Chena Landings Loop Rd, Fairbanks, AK 99701
/23
$110,000
- 1 Bath
- 572 Sq Ft
2271 Solar Ave, Fairbanks, AK 99709

Efficient living in this ‘Damp’ cabin on 4.75 acres, set way back on the lot with private driveway in beautiful Goldstream, Alaska. Lots of open, cleared outdoor space with plenty of parking and a small pond. Composting toilet, water holding tank and greywater system.

Morgan Macchione HOME TOWN REAL ESTATE

2271 Solar Ave, Fairbanks, AK 99709
/10
$135,000
- 3 Beds
- 1,920 Sq Ft
nhn Solar Ave, Fairbanks, AK 99709

A Pre qualification letter of a NON conforming loan must be present before ANY showing. There are 4 structures on the 4.65 acres with plenty of room to build more with the GU-1 Zoning. 1 of the structures was pre existing to the purchase of this owner and he is not sure of the year built - the borough shows that a building was built in 1975 so we are guessing that this is the building they are

Toni Brewer NEXTHOME ARCTIC SUN

nhn Solar Ave, Fairbanks, AK 99709
/16
$159,900
- 4 Beds
- 2 Baths
- 1,305 Sq Ft
620 Bentley Dr, Fairbanks, AK 99701

Discover the potential in this dated 4-bedroom, 2-bath ranch located in the desired east Fairbanks, Island Homes neighborhood. Owned by the same family for over 50 years, this home is ready for updates and renovations throughout. It offers a great opportunity to customize to your taste. Features include a fenced front and back yard, an attached 1-car garage, basement with boiler and storage, and

Derrick Dieringer NEXTHOME ARCTIC SUN

620 Bentley Dr, Fairbanks, AK 99701
/15
$120,000
- Land
- 1.84 Acres
- $65,217 per Acre
NHN Ellesmere Dr, Fairbanks, AK 99709

Stunning south facing view lot on ever desirable Chena Ridge. There was a partial driveway and clearing done some years ago so it is possible to gingerly walk down and get a great sense of the view of the valley and river below and the mountains beyond.

Joel Johnson EMPIRE REALTY, LLC

NHN Ellesmere Dr, Fairbanks, AK 99709
/29
$150,000
- 1 Bed
- 1 Bath
- 586 Sq Ft
746 Nine Mile Hill Rd, Fairbanks, AK 99712

Starter home located in the hills off Chena Hot Springs Road. Home has one bedroom, one full bath, and large laundry room, with two additional rooms in the tower for additional storage or home office space. Top tower room offers a great view of the yard and peaceful tree covered terrain to the east, it would make a great book nook. Just bring your imagination and creativity and with a bit of

MARY FILBIN EMPIRE REALTY, LLC

746 Nine Mile Hill Rd, Fairbanks, AK 99712
/28
$200,000
- 2 Beds
- 1 Bath
- 863 Sq Ft
2334 Gunner Ln, Fairbanks, AK 99712

Excellent starter home on the outskirts of town with 8" walls so the Toyo heater just sips the fuel. Drive up to the huge front lawn and you'll enter into the open living, kitchen, and dining room. Down the hall you have your two bedrooms and nice sized bathroom. Laundry has its own space so it's not crowding the rest of the house. From laundry/mudroom your back door will take you to the fenced

Blake Schreckhise EXP REALTY, LLC

2334 Gunner Ln, Fairbanks, AK 99712
/3
$175,000
- Land
- 2.28 Acres
- $76,613 per Acre
LOT 1 Chena Pump Rd, Fairbanks, AK 99709

Nice corner lot with Chena Pump road frontage, borders Nebula Way. Subdivision is University West Middle Bench, Plat 76-58. Owner finance possible at 25% down, 8 years, and 8% interest per annum.

Gene DuVal BROKER ASSOCIATES OF FAIRBANKS

LOT 1 Chena Pump Rd, Fairbanks, AK 99709
/12
$179,000
- 3 Beds
- 2 Baths
- 1,744 Sq Ft
3183 4-D Ct, Fairbanks, AK 99705

Multilevel home located in a quiet neighborhood in North Pole. Enjoy the convenience of the location while having the opportunity to own a piece of Alaska. This 3 bedroom, 2 bathroom home is waiting for the right person to come in and bring it back to life! Home is being sold As-Is. All offers must be submitted at www.vrmproperties.com. Agents must register as a User, enter the property address,

Evelyn Arnott GOLD STANDARD REAL ESTATE SERVICES, LLC

3183 4-D Ct, Fairbanks, AK 99705
/2
$100,000
- Land
- 2 Acres
- $50,050 per Acre
0 Canterbury Dr, Fairbanks, AK 99709

This is a beautiful Lot located on Chena Ridge with a southern exposure and a view of the Alaska Range mountains.

Gene DuVal BROKER ASSOCIATES OF FAIRBANKS

0 Canterbury Dr, Fairbanks, AK 99709
/11
$119,901
- Land
- 11.65 Acres
- $10,292 per Acre
NHN Gilmore Trail, Fairbanks, AK 99712

A large, buildable north-facing lot with improvements and endless potential. Whether you're envisioning aurora-viewing cabins or the perfect site for your dream home with breathtaking views, this lot has it all. The seller has already begun clearing a build site and has opened up the start of a beautiful pastoral view from that location. The property also offers direct access to the Alyeska

Ray Brasier BRASIER REALTY

NHN Gilmore Trail, Fairbanks, AK 99712
/7
$149,000
- Land
- 1.84 Acres
- $80,978 per Acre
3420 Reeburgh Dr, Fairbanks, AK 99709

Partially developed property with views of the Tanana River and the Alaska Range! Current owners put 30k worth of dirt work into the property, establishing a pad ready for a foundation, and have house plans that can convey with an acceptable offer! On the electric grid! Check out this property at the prime time for building!

Kelli Powers CENTURY 21 GOLD RUSH

3420 Reeburgh Dr, Fairbanks, AK 99709
/10
$107,900
- 2 Beds
- 1 Bath
- 825 Sq Ft
228 Woodridge St Unit 2, Fairbanks, AK 99709

Toni Brewer NEXTHOME ARCTIC SUN

228 Woodridge St Unit 2, Fairbanks, AK 99709
/30
$150,000
- 11 Beds
- 3,312 Sq Ft
NHN Elliott Hwy Unit 49.5 Mile Elliott Hi, Fairbanks, AK 99712

Rustic homestead on 16 acres of nicely wooded land with mostly spruce and birch on a slight slope . NO PROPERTY TAXS !!! Located approximately 60 miles north of Fairbanks, OFF THE GRID AND NO RUNNING WATER - U HAUL . The huge log home with additions has 11 bedrooms. The cute two story cabin's bedroom is the whole upstairs. There are several other buildings such as the Barn, Garage, Kennel,

DOUG WELTON FOX REALTY

NHN Elliott Hwy Unit 49.5 Mile Elliott Hi, Fairbanks, AK 99712
/13
$119,000
- Land
- 3.43 Acres
- $34,745 per Acre
Lot 4, Block B River Park Dr, Fairbanks, AK 99712

Welcome to Aurora River Estates, one of Interior Alaska’s newest and most thoughtfully planned subdivisions. Ideally situated between the Little Chena River and the Chena River just off Nordale Road, this exceptional location offers the perfect balance of privacy and convenience—only a 15-minute drive to both Fairbanks and North Pole. Lots range from approximately 1.8 to 4.7 acres, with this

Joshua Leaders HEDGECOCK GROUP REAL ESTATE, LLC

Lot 4, Block B River Park Dr, Fairbanks, AK 99712
/2
$195,000
- Land
- 0.26 Acre
- $764,554 per Acre
NHN Chena Landings Loop Rd, Fairbanks, AK 99701

CHENA RIVERFRONT LOT across the Chena River from the Carlson Center parking lot. Warm southern Exposure, all utilities available (including fire hydrants). Paved easy access from Peger Road also. Walking bridge over Chena River provides easy wheelchair, bicycle, or walking access to Pioneer Park, Carlson Center and downtown Fairbanks. Ideal residential location.

Jerrie Wagner NEXTHOME ARCTIC SUN

NHN Chena Landings Loop Rd, Fairbanks, AK 99701
/2
$160,000
- Land
- 160 Acres
- $1,000 per Acre
TL 308 SEC31S3E Chena Hot Springs Rd, Fairbanks, AK 99712

160 acres of GU1 territorial land that is reachable by road. Own your piece of Alaska away from the city. Enough said!

Andie Ornelas OP REALTY GROUP

TL 308 SEC31S3E Chena Hot Springs Rd, Fairbanks, AK 99712
/32
$199,000
- 3 Beds
- 1 Bath
- 2,037 Sq Ft
1066 Propwash Dr, Fairbanks, AK 99709

Set on 4.64 private acres in East Fairbanks, this two-story home offers space, flexibility, and a rare opportunity to create value. The home features 3 bedrooms, 1 bath, and a solid structure with utilities in place, while additional square footage provides room for expansion, customization, or future finishing. The property includes fenced areas, outbuildings, garden space, and ample room for

GARY GALLEMORE WALDEN HOME GROUP

1066 Propwash Dr, Fairbanks, AK 99709
/2
$149,900
- Land
- 30 Acres
- $4,997 per Acre
NHN Birch Hollow Ct, Fairbanks, AK 99712

Nice large parcel of land to develop

Mike Vansickle CENTURY 21 GOLD RUSH

NHN Birch Hollow Ct, Fairbanks, AK 99712
/7
$169,900
- Land
- 0.84 Acre
- $203,327 per Acre
NHN Slater Dr, Fairbanks, AK 99701

Beautiful river front lot in Island Homes. Located on the corner of the Chena River in the cul-de-sac off of Slater Drive. This is the largest residential lot in the neighborhood at 0.84 Acres! Ready to build your dream home with city utilities readily available.

Derrick Dieringer NEXTHOME ARCTIC SUN

NHN Slater Dr, Fairbanks, AK 99701

Alaska Fairbanks North Star County Fairbanks

Home Trends in Fairbanks, AK

On average, homes in Fairbanks, AK sell after 31 days on the market compared to the national average of 53 days. The median sale price for homes in Fairbanks, AK over the last 12 months is $336,000, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$336,000

Median Single Family Sale Price

$350,000

Median Townhouse Sale Price

$239,500

Median 2 Bedroom Sale Price

$192,000

Median 1 Bedroom Sale Price

$220,000

Average Price Per Sq Ft

$202

Number of Homes for Sale

Last 12 months Home Sales

725

Months of Supply

0.90

Median List Price

$340,250

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Fairbanks, you'll find a diverse selection of properties with 30 homes for sale under $200,000, catering to budget-conscious buyers seeking affordable housing solutions. Whether you're a first-time homebuyer in search of a cozy starter home or an investor eyeing a promising opportunity, these affordable homes provide a gateway into the real estate market in Fairbanks, AK.

Fairbanks Types of Homes for Sale

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