Home prices
The median home in Farmers Loop costs $273,800. It is about $15,920 (6%) higher compared to nearby areas.It is roughly $56,300 (25%) higher in comparison to the entire country, and it is about $62,300 (29%) higher compared to the city of Fairbanks.
Rents
In Farmers Loop the median monthly rent is $899. Compared to its surrounding areas it is approximately $92 (9%) lower.In comparison to the United States as a whole it is about $163 (15%) lower, and compared to the city of Fairbanks is roughly $489 (35%) lower.
Nearby places
College
College is Farmers Loop's neighbor to the west. The real estate prices there are somewhat less expensive. The price of the median home in College is $244,700, which works out to $29,100 (11%) lower than Farmers Loop. Its rents are a bit more expensive. The median monthly rent in College is $1,304, which is $405 (31%) higher than Farmers Loop.
Steele Creek
Steele Creek is Farmers Loop's neighbor to the east. Its housing prices are fairly similar. The value of the median home in Steele Creek is $269,100, which is $4,700 (1%) lower than Farmers Loop. The rent there is pretty similar. Steele Creek's median monthly rent is $861, which is $38 (4%) lower than Farmers Loop.
Goldstream
Goldstream is Farmers Loop's neighbor to the west. The real estate prices there are similar. The price of the median home in Goldstream is $269,700, which works out to $4,100 (1%) lower than Farmers Loop. Rent there is somewhat less expensive. The median monthly rent in Goldstream is $691, which works out to $208 (30%) lower than Farmers Loop.
Badger
Badger is roughly 9 miles southeast from Farmers Loop. The real estate prices there are a bit less expensive. The median home in Badger is valued at $224,900, which works out to $48,900 (21%) lower than Farmers Loop. Its rents are somewhat more expensive. The median rent in Badger is $1,309 a month, which is $410 (31%) higher than Farmers Loop.
Chena Ridge
Chena Ridge is approximately 10 miles southwest from Farmers Loop. The housing prices there are pretty similar. The median home in Chena Ridge costs $281,000, which works out to $7,200 (2%) higher than Farmers Loop. Rent there is a little less expensive. The median monthly rent in Chena Ridge is $789, which comes out to $110 (13%) lower than Farmers Loop.