Fairwood, Spokane WA - Investment Data

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Spokane, Washington • Spokane-Spokane Valley, WA Metro • 22 ZIPs

2.9/ 5

Investability

Neighborhood average

2.0/ 5

Appreciation

2.6% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability 2.9/5
1-Year Change -1.4%
5-Year CAGR +5.0%
Neighborhood Value $486,563
Avg ZIP Home Value $204,259
Avg Monthly Rent $1,585
Avg Cap Rate 0.0%
Avg Vacancy 4.6%
⚖️
BALANCED MARKET
Spokane-Spokane Valley, WA Metro Area
Even conditions for buyers and sellers
55 days
Average time to sell
Average
8.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable

📊 How Does Fairwood Compare?

Metric Fairwood Spokane Spokane-Spokane Valley, WA Washington
Home Value $204,259 $204,259 N/A $591,536
Avg Rent $1,585 $1,585 N/A -
5-Year CAGR 5.0% 2.6% N/A 5.9%
Cap Rate 0.0% 0.0% - -
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Fairwood is a neighborhood in Spokane, Washington. This neighborhood spans 22 ZIP codes, offering investors a range of property types and price points. The current median home value in this neighborhood is $486,563, which has decreased by 1.4% over the past year. With average rents around $1,585/month and home values averaging $204,259, investors can evaluate potential cash flow opportunities in this market.

Home Value Trends

ZIP Codes in Fairwood

ZIP City Home Value Rent Cap Rate Rating Vacancy Match
99202 Spokane $319,182 $1,563 0.0% 3.0 ★ 6.9% City match
99203 Spokane $498,105 $2,183 0.0% 3.0 ★ 3.0% City match
99204 Spokane $392,893 $1,204 0.0% 3.0 ★ 8.8% City match
99205 Spokane $323,280 $1,707 0.0% 3.0 ★ 4.6% City match
99207 Spokane $281,610 $1,478 0.0% 3.0 ★ 3.9% City match
99208 Spokane $464,555 $1,622 0.0% 3.0 ★ 4.1% City match
99217 Spokane $377,322 $1,506 0.0% 3.0 ★ 1.8% City match
99218 Spokane $474,684 $1,561 0.0% 3.0 ★ 4.4% City match
99223 Spokane $503,868 $1,873 0.0% 3.0 ★ 3.9% City match
99224 Spokane $527,036 $1,582 0.0% 3.0 ★ 3.4% City match
99201 Spokane $331,163 $1,153 0.0% 2.0 ★ 10.5% City match
99209 Spokane $0 City match
99210 Spokane $0 City match
99211 Spokane $0 City match
99213 Spokane $0 City match
99214 Spokane $0 City match
99219 Spokane $0 City match
99220 Spokane $0 City match
99228 Spokane $0 City match
99251 Spokane $0 City match
99258 Spokane $0 0.0% City match
99260 Spokane $0 City match

Other Neighborhoods in Spokane

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