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  • Federal Way

    Federal Way Market Report

    $631,691

    AVERAGE PRICE OF 312 HOMES

    $1,425,070

    AVERAGE PRICE OF 45 MULTI-MILLION DOLLAR HOMES

    $798,233

    AVERAGE PRICE OF 46 NEWLY BUILT HOMES

    $581,092

    AVERAGE PRICE OF 15 REDUCED PRICE HOMES

    Average Home

    Average Price $631,691
    Avg Bedrooms 2.77 beds
    Avg Bathrooms 2.11 baths

    Average Price by Bedrooms

    1 bedroom $257,883
    2 bedrooms $279,328
    3 bedrooms $585,291
    4 bedrooms $832,691
    5 bedrooms $944,141
    Federal Way Home Price Trends
      5/2024 4/2024 3/2024 2/2024 1/2024
    Total Listings 288 246 210 192 190
    Average Price $642,120 $656,331 $638,272 $635,072 $620,091
    Avg Price Change -2.21% +2.83% +0.50% +2.42% +1.83%
    Median Price $611,964 $626,220 $568,327 $529,433 $504,995
    Med Price Change -2.33% +10.19% +7.35% +4.84% +1.51%
    Avg Bedrooms 2.71 beds 2.68 beds 2.53 beds 2.45 beds 2.42 beds
    Avg Bathrooms 2.14 baths 2.11 baths 1.99 baths 1.93 baths 1.94 baths
    Home Price by High School
    School Name Total Homes Average Price
    Buyer To Verify 116 $705,076
    Home Price by House Size
    Total Homes Average Price
    All Homes 312 $631,691
    Multi-Million Dollar Homes 45 $1,425,070
    Newly Built Homes 46 $798,233
    Reduced Price Homes 15 $581,092

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