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Featured local agent — Fairwood, WA
Sarah Mitchell
Compass Real Estate · Fairwood, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Fairwood, WA Housing Market & Real Estate
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?
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?
| Metric | Value |
|---|---|
| Median sale price | $765,495 |
| Median list price | $849,425 |
| Year-over-year price change | -5.5% |
| Average days on market | 6 days |
| Active inventory | 31 listings |
| Months of supply | 1.7 months |
| Sale-to-list price ratio | 100.4% |
| Median price per sq ft | $361/sq ft |
| Homes sold (latest month) | 18 |
| New listings (latest month) | 28 |
| Listings with a price cut | 29.0% |
| Market condition | Strong 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.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $800,000 | $370/sq ft | 15 | 6 days |
| Condo / Co-op | $332,500 | $312/sq ft | 2 | 28 days |
| Townhouse | $735,000 | $356/sq ft | 1 | 2 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
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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