Cities with the fastest-growing home prices in the Fairbanks metro area Stacker Fairbanks, AK News Stacker - 1-year price change: -$4,711 (-1.4%)- 5-year price change: +$28,080 (+9.5%)- Typical home value: $325,166 (#1 most expensive city in metro) #3. North Pole, AK No Automated Backlink Off Stacker - 1-year price change: -$2,835 (-0.9%)- 5-year price change: +$24,425 (+8.9%)- Typical home value: $299,521 (#2 most expensive city in metro) #2. Fairbanks, AK No Automated Backlink Off Stacker - 1-year price change: -$774 (-0.4%)- 5-year price change: +$11,528 (+5.6%)- Typical home value: $218,873 (#3 most expensive city in metro) #1. Salcha, AK No Automated Backlink Off Volodymyr Kyrylyuk // Shutterstock