Fairbanks is a large city located in central Alaska. It's metro area is currently the home to about 100,000 people, with about 32,000 people living within the city limits. This makes it the second most populated city in Alaska. The city has continued to be a great place for people to live in due to a strong local economy, great recreational opportunities, and good school system.
Like many other communities in the state of Alaska, Fairbanks house and kind me that is heavily reliant on energy and gold mine. Many people in these industries are well compensated despite only having to work a portion of the year. Other large employers in Fairbanks include the University of Alaska Fairbanks, the federal government, the state government, and various retail employers.
The city of Fairbanks is served by its own school district. The entire metro area has a an enrollment of around 14,000 students. These students attend one of four different high schools and a dozen different elementary schools and junior high schools. The city is considered to have a strong school district overall and funding per-pupil is well above the national average.
Those that live in Fairbanks will enjoy a range of local amenities. Those that enjoy being in the great outdoors will love the local skiing, camping, and other recreational activities. The city is also well known for having a busy downtown scene that includes a number of trendy restaurants, bars, and boutique shopping options. The city is frequently visited by tours during the summer months when the weather is a little bit warmer and it is bright out almost 24 hours per day.
Overall, Fairbanks has continued to have a good real estate market in which new homes and even older properties are selling quickly. Homes for sale on the new MLS listings usually will sell quickly if they are appropriately priced. Home listings are up about 1% overall in median price over the past 12 months. Zillow, and other housing market predictors, expect that prices for houses will increase modestly in the next year as well.