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Fairwood, MD

Full City Profile · Maryland · Prince George's County County

3.9 /5.0
B+ Good
8,108 Population 2,378/sq mi density
$191,319 Median Income $70,409 per capita
$695,300 Home Value $517,661 Zillow
$3,501 Median Rent 30.7% income on rent
55°F Avg Temperature 297 sunny days/yr
133 Violent Crime/100K 1,478 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$191,319 median income, 1.1% unemployment
A+
Affordability
4.6 / 5.0
$695,300 home value, $3,501/mo rent
F
Safety
1.0 / 5.0
133 violent crimes/100K
A+
Education
5.0 / 5.0
72.4% bachelor's degree or higher

Housing Overview

Median Home Value
$695,300
147% above
US avg: $281,900
Median Rent
$3,501/mo
201% above
US avg: $1,163/mo
Homeownership Rate
91.5%
40% above US avg (65.4%)
Total Housing Units
2,447
Median year built: 2007

Home Value by Source

Census Median
$695,300
Zillow (ZHVI)
$517,661
Median Sale Price
$515,495
Median List Price
$850,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

91.5%
Owner-Occupied
8.5%
Renter-Occupied
92%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,312/mo
1 Bedroom
$1,400/mo
2 Bedroom
$1,648/mo
3 Bedroom
$2,123/mo
4 Bedroom
$2,442/mo
Census median rent: $3,501/mo

Market Indicators (Redfin)

Median Days on Market
76 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
8.7%
of listings with price reduction
Price Per Sq Ft
$287
Active Inventory
23
homes for sale

Affordability & Housing Stock

Rent Burden
30.7%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
2007
Average age of housing stock: 19 years
Homeownership Rate
91.5%

Complete Housing Data

Home Values

Census Median Value$695,300
Zillow Home Value (ZHVI)$517,661
Median Sale Price$515,495
Median List Price$850,000
Price Per Sq Ft$287

Rent

Census Median Rent$3,501
FMR Studio$1,312
FMR 1-Bedroom$1,400
FMR 2-Bedroom$1,648
FMR 3-Bedroom$2,123
FMR 4-Bedroom$2,442

Market

Days on Market76
Sale-to-List Ratio1.0%
Price Drops8.7%
Homes Sold4
Active Inventory23
Price Per Sq Ft$287

Ownership & Stock

Owner-Occupied91.5%
Renter-Occupied8.5%
Homeownership Rate91.5%
Total Housing Units2,447
Median Year Built2007
Rent Burden30.7%