The median home value in Fairbanks, MN is $116,700. This is lower than the county median home value of $153,000. The national median home value is $219,700. The average price of homes sold in Fairbanks, MN is $116,700. Approximately 17.91% of Fairbanks homes are owned, compared to 2.24% rented, while 79.85% 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 53. Fairbanks is more family-centric than the surrounding county with 38.46% of the households containing married families with children. The county average for households married with children is 26.75%.
The median household income in Fairbanks, Minnesota is $35,625. The median household income for the surrounding county is $50,936 compared to the national median of $57,652. The median age of people living in Fairbanks is 52.3 years.
The average high temperature in July is 76.8 degrees, with an average low temperature in January of -2.9 degrees. The average rainfall is approximately 29.2 inches per year, with 66.2 inches of snow per year.