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 Type | 0.30% |
| One Bedroom | 5.70% |
| Two Bedrooms | 16.60% |
| Three Bedrooms | 24.90% |
| Four Bedrooms | 39.60% |
| Five Bedrooms or more | 12.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.79 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $153,500 |
| Median Price asked for vacant units | $162,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1983 |
| Median Monthly Rent asked for vacant units | $950 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 9.50% |
| Home Equity Loan | 5.20% |
| Simple Mortgage | 64.10% |
| Debt Free | 20.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.2% |
