Fairwood, WA

Balanced market+23.3% YoY

Housing market overview · Updated weekly

$548,750median sale price

Homes sold

6

Last 12 weeks

Days on market

78

Average pace

Active listings

15

2.5 months supply

Sale-to-list

98.3%

Below asking

The Fairwood housing market is currently classified as a balanced market with a median sale price of $548,750. Prices have risen 23.3% compared to last year, with homes spending an average of 78 days on market, indicating 2.5 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Fairwood

There are currently 15 homes listed for sale in Fairwood, Washington. The median listing price is $640K.

Active listings

15

Homes on market

Median list price

$640K

Avg. days on market

78

Days until sale

New this week

8

Newly listed

Price drops:20.0%of listings
Sale-to-list:98.3%

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Frequently asked questions

What is the average home price in Fairwood?

The median home sale price in Fairwood is $548,750, up 23.3% from last year.

How long do homes stay on market in Fairwood?

Homes typically spend 78 days on market before going under contract.

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

With 2.5 months of supply, Fairwood is currently a balanced market.

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