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  • Federal Way

    Federal Way Market Report

    $416,449

    AVERAGE PRICE OF 264 HOMES

    $330,677

    AVERAGE PRICE OF 14 DISTRESSED HOMES

    $1,527,444

    AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

    $599,297

    AVERAGE PRICE OF 43 NEWLY BUILT HOMES

    $523,983

    AVERAGE PRICE OF 6 REDUCED PRICE HOMES

    Average Home

    Average Price $416,449
    Avg Bedrooms 3.32 beds
    Avg Bathrooms 2.24 baths

    Average Price by Bedrooms

    1 bedroom $167,215
    2 bedrooms $212,395
    3 bedrooms $357,739
    4 bedrooms $524,885
    5 bedrooms $627,023
    Federal Way Home Price Trends
      2/2019 1/2019 12/2018 11/2018 10/2018
    Total Listings 250 241 288 371 434
    Average Price $423,531 $437,300 $420,166 $420,034 $421,276
    Avg Price Change -3.25% +4.08% +0.03% -0.30% -0.93%
    Median Price $381,570 $384,423 $378,520 $383,644 $381,225
    Med Price Change -0.75% +1.56% -1.35% +0.63% -0.56%
    Avg Bedrooms 3.27 beds 3.34 beds 3.33 beds 3.38 beds 3.4 beds
    Avg Bathrooms 2.21 baths 2.25 baths 2.2 baths 2.21 baths 2.23 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Buyer To Verify 63 $353,347 56 days
    Decatur High 49 $457,175 62 days
    Federal Way Snr High 39 $370,566 77 days
    Thomas Jefferson Hig 3 $218,333 32 days
    Todd Beamer High 33 $538,160 87 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 264 $416,449 74 days
    Distressed Homes 14 $330,677 147 days
    Multi-Million Dollar Homes 2 $1,527,444 78 days
    Newly Built Homes 43 $599,297 109 days
    Reduced Price Homes 6 $523,983 105 days

    School Data

    Highly Rated Federal Way Schools

    9

    RAINIER VIEW ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    FIFE HIGH SCHOOL
    High School
    Public

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