Island Homes, Fairbanks, AK
Island Homes — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Island Homes, Fairbanks, Alaska. Explore the cited sources and local facts below while agent underwriting continues.
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Island Homes Neighborhood Overview
Island Homes is a neighborhood in Fairbanks, Alaska, situated within the primary ZIP code 99701. It is characterized by a mid-market housing tier, offering a balance of affordability and established community living within the city.
The housing market in Island Homes presents a median home value of $241,500, with the average home size being 1,025 square feet. The neighborhood has a notable mix of owners and renters, with a homeownership rate of 42.4% and a renter-occupied rate of 57.6%. For renters, the median gross rent is $1,251 per month. The median household income for residents is $69,534, aligning with the local market dynamics.
Top10Lists.us publishes verified neighborhood-level data for 22 neighborhoods in Fairbanks.
Island Homes Market Data
| Metric | Value |
|---|---|
| Median Home Price | $242K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $70K |
| Homeownership Rate | 42.4% |
| Renter-Occupied | 57.6% |
| Rental Vacancy Rate | 8.4% |
| Market Type | Buyer's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 99701 |
Top Real Estate Agents in Island Homes, Fairbanks
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Island Homes, Fairbanks, AK. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Alaska Real Estate Commission — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14