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Fairwood, WA Real Estate


According to census data in the year 2000 there were 2,563 housing units in Fairwood. This represents a 26.6% growth from 2,025 in 1990.

Of those housing units, 2,563 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Fairwood is about 80%. Fairwood's vacancy rate, including seasonal lodging, is about 3.2%. Average household size is 2.72 people.

The majority of houses, apartments or condos in Fairwood were built after 1978.

Statistics

Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom5.70%
Two Bedrooms16.60%
Three Bedrooms24.90%
Four Bedrooms39.60%
Five Bedrooms or more12.80%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1978
Median Value of occupied units$153,500
Median Price asked for vacant units$162,500

Rented Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1983
Median Monthly Rent asked for vacant units$950

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1%
Second Mortgage9.50%
Home Equity Loan5.20%
Simple Mortgage64.10%
Debt Free20.30%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.2%