Southeast Fairbanks Census Area, Alaska Housing Market
In Southeast Fairbanks Census Area, Alaska, the median home value is $282,000, with a median monthly rent of $1,351. This places Southeast Fairbanks Census Area at #721 nationally out of 3134 counties by median home value, and #16 within Alaska.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,873
- Establishments: 200
- BLS QCEW, 2025
Migration Patterns
- Inflow: 2,870 (avg $75,191)
- Outflow: 2,598 (avg $75,991)
- IRS Statistics of Income
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| Metric | Southeast Fairbanks Census Area | Alaska Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $282,000 | $283,493 | $227,706 |
| Median Gross Rent | $1,351 | $1,248 | $968 |
| Owner Occupancy Rate | 74.7% | 64.7% | 73.3% |
| Price/Rent Ratio | 17.4 | 19.0 | 18.7 |
Market Analysis
The median home value in Southeast Fairbanks Census Area is 0.5% below the Alaska state average and 23.8% above the U.S. national average. The median rent of $1,351/month is 8.3% above the state average.
With a price-to-rent ratio of 17.4, the buy-vs-rent decision in Southeast Fairbanks Census Area is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Southeast Fairbanks Census Area has an owner-occupancy rate of 74.7%, compared to 64.7% in Alaska and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Monroe County | Illinois | $282,100 | $1,042 |
| Daggett County | Utah | $282,300 | $900 |
| Amelia County | Virginia | $282,400 | $1,164 |
| Porter County | Indiana | $281,500 | $1,219 |
| Putnam County | Tennessee | $282,500 | $908 |
Other Counties in Alaska
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Denali Borough | $275,000 | $825 | 65.0% |
| Copper River Census Area | $292,800 | $1,089 | 68.5% |
| Haines Borough | $293,300 | $1,087 | 78.5% |
| Wrangell City and Borough | $296,400 | $993 | 59.1% |
| Fairbanks North Star Borough | $298,200 | $1,459 | 61.7% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).