Fairwood, Spokane County, WA

Median Home Price Price

$481,955 $482K

Median Monthly Rent Rent

$1,509 $1.5K

27.0x

Market Snapshot

Fairwood, Spokane County, WA is a neighborhood market with a median home price of $481,955, a median monthly rent of $1,509, a GRM of 27.0x, and a price-to-rent ratio of 26.6.

More markets to explore

Explore the data
Region Show
Country Homes
$420K $1.5K 23.0x
$358K $1.5K 20.0x
$460K $1.5K 25.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
$264K $1.4K 16.0x

These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.

Home prices

Monthly rent

GRM = home price / annual rent

Similar markets map

Fairwood

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Benchmark comparison

Rent in Fairwood, WA is 0.1% higher than Country Homes, WA.

Fairwood, WA
Country Homes, WA
Delta
Median rent
$1,509
$1,508
-$1
Median price
$481,955
$420,010
-$61,945
YoY change
+$41
+$37
-$4
Price-to-rent
26.6x
23.2x
-3.4x

Key takeaways

  • Fairwood, Spokane County, WA has a higher-grm screening profile: At 27.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $41 year over year.
  • Rent in Fairwood, WA is 0.1% higher than Country Homes, WA.