Housing in Fairwood, WA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$516,000

Median List Price

$564,450

Price Per Sq Ft

$150

Days on Market

74

Active Inventory

13

Months of Supply

2.6

Seller's market

Price Trends

Source: Redfin
Sale Price ↓ 34.7%List Price ↓ 28.5%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.0%

Off Market in 2 Weeks

0.0%

Sale-to-List Ratio

101.3%

Seller's market

Sold Above Asking
40.0%
Under Contract in 2 Wks
0.0%
Listings with Price Drops
53.9%

Market Activity

Source: Redfin

Homes Sold

5

New Listings

4

Pending Sales

9

Homes Sold ↓ 44.4%New Listings ↓ 80.0%Pending ↓ 59.1%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$150

Median List $/SF

$203

Sale $/SF ↓ 63.2%List $/SF ↓ 48.6%Mar 24 → Jan 26

Fairwood vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Fairwood is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$658,000

Median Rent

$2,152

Total Housing Units

7,451

Vacancy Rate

5.3%

Owner Occupied

75.9%

Renter Occupied

24.1%

Median Property Tax

$6,480

per year

Monthly Cost (w/ Mortgage)

$2,220

Housing Types

Single Family
72.3%
Multi-Family
27.2%
Mobile Home
0.5%

The current median sale price in Fairwood, WA is $516,000 according to Redfin data. Homes spend a median of 74 days on the market. 40.0% of homes sold above asking price. The market has 2.6 months of supply. The median price per square foot is $150. The median rent is $2,152 per month (Census ACS). About 75.9% of housing units are owner-occupied. The median year homes were built is 1981. There are 7,451 total housing units.