ZIP Code 99701 — Fairbanks, AK Home Prices (2026)
The typical home in ZIP 99701 (Fairbanks, Alaska) is worth about $276,000 at roughly $196 per square foot — 15% more affordable than the Fairbanks median and 6% more affordable than the typical U.S. home.
How 99701 compares
ZIP 99701 is one of the more affordable ZIP codes in Fairbanks: its typical home value of $276,000 ranks #3 of the 3 Fairbanks ZIP codes we track (the citywide range runs from $276,000 in 99701 to $325,000 in 99712). Per square foot it costs about $196, against $196 for Fairbanks as a whole, $268 for Alaska, and $195 nationally.
| Area | Typical value | $ / sq ft |
|---|---|---|
| ZIP 99701 | $276,000 | $196 |
| Fairbanks, AK | $324,000 | $196 |
| Alaska | $409,000 | $268 |
| United States | $294,000 | $195 |
Home value by size in 99701
Using this ZIP’s rate of about $196 per square foot. Condition, lot, and the exact street move these meaningfully — use the estimator below for a home-specific figure.
| Home size | Estimated value |
|---|---|
| 1,000 sq ft | $196,000 |
| 1,500 sq ft | $294,000 |
| 2,000 sq ft | $392,000 |
| 2,500 sq ft | $490,000 |
| 3,000 sq ft | $588,000 |
Salary needed to buy a home in ZIP 99701
To buy the typical $276,000 home in ZIP 99701 with 20% down, you need a household income of roughly $75,000 a year (about $1,750 a month for the mortgage, taxes, and insurance). With 10% down the bar rises to about $89,000, because the loan is bigger and mortgage insurance kicks in.
| Down payment | Cash down | Monthly payment | Income needed |
|---|---|---|---|
| 5% (+PMI) | $13,800 | $2,180/mo | $93,000/yr |
| 10% (+PMI) | $27,600 | $2,080/mo | $89,000/yr |
| 20% | $55,200 | $1,750/mo | $75,000/yr |
Assumes a 30-year fixed mortgage at 6.5%, property tax at 1.1% and insurance at 0.45% of value per year, PMI of 0.75% on loans with less than 20% down, and the standard 28% housing-to-income rule. Your rate, taxes, and HOA will move these — run your own numbers in the mortgage calculator.
What your budget buys in ZIP 99701
At about $196 per square foot, here is roughly how much home different budgets get you in ZIP 99701:
| Budget | Approx. size | What that looks like locally |
|---|---|---|
| $150k | 770 sq ft | below the local median — condos, smaller or older homes |
| $200k | 1020 sq ft | below the local median — condos, smaller or older homes |
| $250k | 1280 sq ft | around the typical home here |
| $300k | 1530 sq ft | around the typical home here |
| $400k | 2040 sq ft | above the median — larger homes or the pricier ZIPs |
Wondering where that budget goes further? The relocation calculator ranks hundreds of U.S. cities by what the same money buys — it opens pre-filled with a typical 99701 home.
Estimate a specific home in 99701
The estimator below is pre-set to ZIP 99701 — pick your home’s size for an instant ballpark, then open the full calculator to adjust beds, baths, and condition.
All Fairbanks ZIP codes by home value
Where 99701 sits among Fairbanks’s 3 ZIP codes:
ZIP 99701 home prices: frequently asked
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See the full Fairbanks home values page, all Alaska cities, or price per square foot by ZIP code nationwide.
Directional estimates from public market data (Realtor.com & Zillow research), not appraisals. A single ZIP contains very different homes; actual values vary and change over time.