How much is a home worth in ZIP code 99705?

The typical home in 99705 is worth $327,432, based on the Zillow Home Value Index.

Are home values rising in 99705?

Home values in 99705 are up 2.0% over the past year, and up 2.1% a year over five years.

What is the typical rent in 99705?

A typical home in 99705 rents for about $1,816 a month, a gross rental yield of 6.7%.

What is the property tax rate in 99705?

The effective property tax rate in 99705 is 1.1% — roughly $3,562 a year on a typical home.

ZIP code 99705 has a population of 21,769 and a median household income of $96,964.

HousingHandbookReference data

…

U.S. ZIP Code · AK99705

Fairbanks North Star Borough · Fairbanks-College, AK

Typical home value

$327,432^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.0%
5-year / yr: +2.1%
10-year / yr: +3.1%

Relative price

vs U.S.: +15.3%
vs metro: +4.9%
vs state: -5.8%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 99705 is worth $327,432 — 4.9% above the Fairbanks-College, AK median. Over the past year, values have risen 2.0%. Homes here rent for a typical $1,816 a month — a 6.7% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,816^[2]
Gross yield: 6.7%^[2]
Cap rate: 4.0%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.1%^[3]
Typical annual tax: $3,562^[3]

#Climate risk

FEMA National Risk Index ratings for Fairbanks North Star Borough. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Low
Coastal flood: Not Applicable
Wildfire: Relatively Moderate
Drought: No Rating
Heat wave: Insufficient Data
Hurricane: Not Applicable
Tornado: Very Low
Earthquake: Relatively Moderate
Winter weather: Very High

#Who lives here

Population: 21,769^[3]
Median household income: $96,964^[3]

#Migration

Household moves in and out of Fairbanks North Star Borough over a year, from IRS tax-return data.

Net migration: -528^[5]
Moved in: 3,671
Moved out: 4,199

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 6
Elementary: 4
Middle: 1
High: 1

North Pole High School
High · Grades 9–12 · Fairbanks North Star Borough School District
582 students
North Pole Middle School
Middle · Grades 6–8 · Fairbanks North Star Borough School District
478 students
Ticasuk Brown Elementary
Elementary · Grades PK–5 · Fairbanks North Star Borough School District
376 students
North Pole Elementary
Elementary · Grades PK–5 · Fairbanks North Star Borough School District
338 students
Midnight Sun Elementary School
Elementary · Grades PK–5 · Fairbanks North Star Borough School District
320 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.7%

Net yield (after ~40% expenses)4.0%

Annual rent$21,797

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,656

Loan principal$261,945

Down payment$65,486

Total interest paid$334,097

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.23

Monthly cost to own$2,226

Monthly rent$1,816

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 100th percentile^[1]
Rental yield: 100th percentile^[2]
Property tax: 33rd percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

3rd for highest rental yield in AKView list →

Frequently asked

How much is a home worth in ZIP code 99705?: The typical home in 99705 is worth $327,432, based on the Zillow Home Value Index.
Are home values rising in 99705?: Home values in 99705 are up 2.0% over the past year, and up 2.1% a year over five years.
What is the typical rent in 99705?: A typical home in 99705 rents for about $1,816 a month, a gross rental yield of 6.7%.
What is the property tax rate in 99705?: The effective property tax rate in 99705 is 1.1% — roughly $3,562 a year on a typical home.
Who lives in 99705?: ZIP code 99705 has a population of 21,769 and a median household income of $96,964.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

99709 vs 99705 →
Goldstream CDP, AK
Typical home
$312,143
Gross yield
6.6%
99712 vs 99705 →
Steele Creek CDP, AK
Typical home
$312,111
Gross yield
—
99714
Harding-Birch Lakes CDP, AK
Typical home
$197,535
Gross yield
—

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 99705 against any other ZIP — full side-by-side table.

Compare 99705 →

#Jump to section

U.S. ZIP Code · AK99705

Get more data on ZIPs like this

Get more data on ZIPs like this