Zip 98058 (Fairwood, WA) Housing

Fairwood, WA is a great place to live. The median value of housing in this area is $686,400 which is significantly higher than the US house median value of $338,100. The US housing appreciation rate over the past year has been 8.27%, while Fairwood’s appreciation rate has been 7.43%. This shows that Fairwood is still a good place to invest in real estate and also proves that the area's housing market has had a healthy rate of growth over the past year and continues to be an attractive option for potential buyers.

The median home cost in Fairwood (zip 98058) is $686,400. Home appreciation the last 10 years has been 167.2%. Home Appreciation in Fairwood (zip 98058) is up 14.8%.

Average Age of Homes

- The median age of Fairwood (zip 98058) real estate is 35 years old

The Rental Market in Fairwood (zip 98058)

- Renters make up 26.3% of the Fairwood (zip 98058) population
- 1.5% of houses and apartments in Fairwood (zip 98058), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Fairwood, Washington	United States
	16,216.0	139,647,020.0
	40	42
	$686,400	$338,100
	14.8%	16.6%
	61.9%	57.0%
	167.2%	101.1%
	$11.23	$10.98
	$5,209	$2,690
	67.4%	57.4%
	4.7%	11.2%
	27.8%	31.4%
Vacant Housing
	1.5%	1.9%
	0.4%	0.4%
	0.9%	0.7%
	0.2%	0.4%
	0.1%	3.6%
	1.7%	4.1%
Value of Owner-Occupied Housing
	1.4%	2.6%
	0.6%	2.4%
	0.3%	2.8%
	0.6%	3.9%
	0.8%	4.5%
	1.3%	11.3%
	2.1%	13.0%
	8.7%	20.1%
	15.4%	13.6%
	29.5%	8.3%
	32.9%	9.7%
	4.3%	3.9%
	1.4%	2.2%
	0.0%	0.8%
	0.6%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	14.1%	13.6%
	14.1%	13.6%
	13.9%	13.6%
	19.4%	13.2%
	21.8%	14.8%
	13.9%	13.6%
	5.7%	10.0%
	1.9%	4.7%
	0.9%	12.2%

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