Southeast Fairbanks Borough, Alaska home prices
Typical home $292,991 · -5.3% in a year · property tax 1.19%
The typical home in Southeast Fairbanks Borough is worth $292,991, 26% less than the Alaska typical home ($397,932). Values changed -5.3% in the past year and -6.3% over five years. Homeowners here pay a median 1.19% of their home's value in property tax each year ($3,481 on the typical home), versus 1.06% statewide.
Mortgage on the typical Southeast Fairbanks Borough home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $58,598 | $234,393 | $1,577 | $0 | $437 | $2,013 | $86,300 |
| 10% down | $29,299 | $263,692 | $1,774 | $110 | $437 | $2,320 | $99,400 |
| 5% down | $14,650 | $278,341 | $1,872 | $116 | $437 | $2,425 | $103,900 |
| 3.5% down (FHA) | $10,255 | $287,684 | $1,935 | $130 | $437 | $2,501 | $107,200 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.19% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Alaska.
Alaska counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Fairbanks North Star Borough | $314,310 | +5.4% | 1.19% |
| Wrangell Borough | $317,718 | +10.3% | 0.56% |
| North Slope Borough | $318,810 | +7.8% | 1.06% |
| Haines Borough | $332,342 | +1.6% | 0.83% |
| Kenai Peninsula Borough | $348,874 | +6.6% | 0.63% |
| Petersburg Borough | $383,220 | +12.9% | 0.6% |
| Ketchikan Gateway Borough | $401,632 | +5.2% | 0.67% |
| Kodiak Island Borough | $403,388 | +3.1% | 0.87% |
| Matanuska Susitna Borough | $408,655 | +6.3% | 1.06% |
| Anchorage Borough | $435,264 | +5.4% | 1.26% |
Frequently asked questions
What is the average home price in Southeast Fairbanks Borough, AK?
The typical home value in Southeast Fairbanks Borough is $292,991 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Southeast Fairbanks Borough?
About $86,300 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Southeast Fairbanks Borough?
The median effective rate is 1.19% of home value a year (Census ACS 2024 5-year estimates).