Fairbanks MN Homes for Sale

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Fairbanks Real Estate

The median home value in Fairbanks, MN is $275,333. This is higher than the county median home value of $197,400. The national median home value is $338,100. The average price of homes sold in Fairbanks, MN is $275,333. Approximately 58.98% of Fairbanks homes are owned, compared to 2.4% rented, while 38.62% are vacant. Fairbanks real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fairbanks real estate agent to arrange a tour today!

Fairbanks, Minnesota has a population of 99. Fairbanks is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 26.31%.

The median household income in Fairbanks, Minnesota is $37,063. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Fairbanks is 68.8 years.

Fairbanks Weather

The average high temperature in July is 77.3 degrees, with an average low temperature in January of -3.9 degrees. The average rainfall is approximately 30.2 inches per year, with 75.3 inches of snow per year.

Fairbanks Real Estate Market Conditions

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  • # Active listings

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    30-day change

Fairbanks Schools and Demographics

Education near Fairbanks, MN

Metric City County
High School Graduates 96.91 94.63
College Degree - 2 year 16.5 13.09
College Degree - 4 year 50.52 31.2
Graduate Degree 21.65 7.35
Expenditures per Student 16,248 16,248
Students per Teacher 15.2 15.2

Elementary Schools near Fairbanks, MN

School Grades Students P/T Ratio ZIP
Mesabi East Elementary School PK - 06 500 13.8 55705
Minnehaha Elementary School PK - 05 426 14.3 55616

High Schools near Fairbanks, MN

School Grades Students P/T Ratio ZIP
Mesabi East Secondary School 07 - 12 421 17.8 55705

Ungraded Schools near Fairbanks, MN

School Grades Students P/T Ratio ZIP
* Solo 07 - 12 2 8.7 55616
Two Harbors Secondary 06 - 12 613 16.9 55616

Demographics near Fairbanks, MN

Metric City County
Neighborhood Type
Population 99 200,311
Population Density 1 32
Median Age 68.8 40.9
People per Household 1.6 2.2
Median Household Income 37,063 61,213
Average Income per Capita 42,136 34,816