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Farmers Loop, AK

Full City Profile · Alaska · Fairbanks North Star Borough County

3.5 /5.0
B+ Good
4,887 Population 224/sq mi density
$103,635 Median Income $46,079 per capita
$262,600 Home Value $290,656 Zillow
$1,298 Median Rent 19.0% income on rent
29°F Avg Temperature 274 sunny days/yr
659 Violent Crime/100K 3,840 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$103,635 median income, 2.1% unemployment
A+
Affordability
5.0 / 5.0
$262,600 home value, $1,298/mo rent
F
Safety
1.0 / 5.0
659 violent crimes/100K (73% above avg)
B
Education
3.2 / 5.0
27.3% bachelor's degree or higher

Housing Overview

Median Home Value
$262,600
7% below
US avg: $281,900
Median Rent
$1,298/mo
12% above
US avg: $1,163/mo
Homeownership Rate
80.6%
23% above US avg (65.4%)
Total Housing Units
2,124
Median year built: 1985

Home Value by Source

Census Median
$262,600
Zillow (ZHVI)
$290,656
Median Sale Price
$300,000
Median List Price
$201,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

80.6%
Owner-Occupied
19.4%
Renter-Occupied
81%
19%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,061/mo
1 Bedroom
$1,194/mo
2 Bedroom
$1,467/mo
3 Bedroom
$1,941/mo
4 Bedroom
$2,304/mo
Census median rent: $1,298/mo

Market Indicators (Redfin)

Median Days on Market
52 days
Sale-to-List Ratio
0.0%
Buyers market
Homes Sold
3
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$151
Active Inventory
7
homes for sale

Affordability & Housing Stock

Rent Burden
19.0%
of renters spending 30%+ of income on housing
39% below US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
80.6%

Complete Housing Data

Home Values

Census Median Value$262,600
Zillow Home Value (ZHVI)$290,656
Median Sale Price$300,000
Median List Price$201,000
Price Per Sq Ft$151

Rent

Census Median Rent$1,298
FMR Studio$1,061
FMR 1-Bedroom$1,194
FMR 2-Bedroom$1,467
FMR 3-Bedroom$1,941
FMR 4-Bedroom$2,304

Market

Days on Market52
Sale-to-List Ratio0.0%
Price Drops0.0%
Homes Sold3
Active Inventory7
Price Per Sq Ft$151

Ownership & Stock

Owner-Occupied80.6%
Renter-Occupied19.4%
Homeownership Rate80.6%
Total Housing Units2,124
Median Year Built1985
Rent Burden19.0%