The housing market in Fairwood (King County), WA is very strong, with a median value of $564,500, significantly higher than the national median of $338,100. In the past year, both the national and regional markets have seen an appreciation rate of 8.27% and 7.43%, respectively, indicating a steadily increasing demand for housing in this area. With competitive prices and low interest rates, it's no wonder that home buyers are flocking to Fairwood (King County) in search of their dream homes.
The median home cost in Fairwood (King County) is $564,500. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Fairwood (King County) is up 14.8%.
Average Age of Homes
- The median age of Fairwood (King County) real estate is 34 years old
The Rental Market in Fairwood (King County)
- Renters make up 26.4% of the Fairwood (King County) population
- 1.6% of houses and apartments in Fairwood (King County), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.