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Featured local agent — Fairwood, WA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Fairwood, WA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Fairwood, WA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Fairwood, WA Housing Market & Real Estate

Strong seller's market-5.5% YoY

Housing market overview · Updated monthly ·

$765,495median sale price

How is the Fairwood, WA housing market right now?

The median home sale price in Fairwood, WA is $765,495, down 5.5% year-over-year. Homes sell in an average of 6 days with 31 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Fairwood a buyer's or seller's market?

Strong seller's market1.7 months of supply6 avg. days on market

Fairwood, WA is currently a strong seller's market, based on 1.7 months of supply and homes selling in about 6 days. How we determine this →

Homes sold

18

Last 12 weeks

Days on market

6

Fast-moving

Active listings

31

1.7 months supply

Sale-to-list

100.4%

Above asking

What does the Fairwood housing market data show?

Current housing market statistics for Fairwood, WA
MetricValue
Median sale price$765,495
Median list price$849,425
Year-over-year price change-5.5%
Average days on market6 days
Active inventory31 listings
Months of supply1.7 months
Sale-to-list price ratio100.4%
Median price per sq ft$361/sq ft
Homes sold (latest month)18
New listings (latest month)28
Listings with a price cut29.0%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Fairwood by property type?

How the Fairwood, WA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Fairwood, WA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$800,000$370/sq ft156 days
Condo / Co-op$332,500$312/sq ft228 days
Townhouse$735,000$356/sq ft12 days

Source: Redfin · Updated monthly

The Fairwood housing market is currently classified as a strong seller's market with a median sale price of $765,495. Prices have fallen 5.5% compared to last year, with homes spending an average of 6 days on market, indicating 1.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Fairwood

There are currently 31 homes listed for sale in Fairwood, Washington. The median listing price is $849K.

Active listings

31

Homes on market

Median list price

$849K

Avg. days on market

6

Days until sale

New this week

28

Newly listed

Price drops:29.0%of listings
Sale-to-list:100.4%

Which cities are near Fairwood, WA?

Want a head-to-head view? Compare Fairwood side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Fairwood?

The median home sale price in Fairwood is $765,495, down 5.5% from last year.

How long do homes stay on market in Fairwood?

Homes typically spend 6 days on market before going under contract.

Is Fairwood a buyer's or seller's market?

With 1.7 months of supply, Fairwood is currently a strong seller's market.

What is the median condo price in Fairwood?

The median condo/co-op sale price in Fairwood, WA is $332,500, compared to $800,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Fairwood?

The median single-family home price in Fairwood, WA is $800,000 (about $370 per square foot).

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