Fairwood, MD
Housing market overview · Updated weekly
$515,495median sale price
Homes sold
4
Last 12 weeks
Days on market
76
Average pace
Active listings
23
5.8 months supply
Sale-to-list
99.5%
Below asking
The Fairwood housing market is currently classified as a buyer's market with a median sale price of $515,495. Prices have risen 15.1% compared to last year, with homes spending an average of 76 days on market, indicating 5.8 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Fairwood
There are currently 23 homes listed for sale in Fairwood, Maryland. The median listing price is $850K.
Active listings
23
Homes on market
Median list price
$850K
Avg. days on market
76
Days until sale
New this week
3
Newly listed
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Frequently asked questions
What is the average home price in Fairwood?
The median home sale price in Fairwood is $515,495, up 15.1% from last year.
How long do homes stay on market in Fairwood?
Homes typically spend 76 days on market before going under contract.
Is Fairwood a buyer's or seller's market?
With 5.8 months of supply, Fairwood is currently a buyer's market.
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