Land Market Insights and Pricing in Fairbanks North Star Borough, Alaska

Fairbanks North Star Borough, Alaska, offers a striking contrast of landscapes within its vast 7,444 square mile expanse. The area is defined by the broad, flat Tanana River Valley in the south, home to Fairbanks and North Pole, and the rugged Yukon-Tanana Uplands dominating the north and east. This diverse terrain provides opportunities for both urban development and wilderness adventure. With a low population density of 11 people per square mile, the borough boasts ample open space. The economy is anchored by educational and health services, bolstered by the University of Alaska Fairbanks and military installations. While property taxes at 1.26% are slightly above the national average, the median home price of $282,500 is notably lower than the U.S. median. Potential land buyers should note the borough's unique blend of accessible river valleys and challenging mountain terrain, connected by a strategic highway network.