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  • Federal Way

    Federal Way Market Report

    $633,777

    AVERAGE PRICE OF 201 HOMES

    $899,500

    AVERAGE PRICE OF 2 DISTRESSED HOMES

    $1,582,522

    AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

    $726,819

    AVERAGE PRICE OF 35 NEWLY BUILT HOMES

    $1,119,995

    AVERAGE PRICE OF 3 REDUCED PRICE HOMES

    Average Home

    Average Price $633,777
    Avg Bedrooms 2.45 beds
    Avg Bathrooms 1.95 baths

    Average Price by Bedrooms

    1 bedroom $247,475
    2 bedrooms $270,953
    3 bedrooms $547,200
    4 bedrooms $854,539
    5 bedrooms $930,280
    Federal Way Home Price Trends
      1/2024 12/2023 11/2023 10/2023 9/2023
    Total Listings 190 220 249 259 279
    Average Price $620,091 $608,962 $606,897 $620,322 $615,381
    Avg Price Change +1.83% +0.34% -2.21% +0.80% +1.20%
    Median Price $504,995 $497,483 $518,279 $550,381 $557,821
    Med Price Change +1.51% -4.18% -6.19% -1.35% +1.83%
    Avg Bedrooms 2.42 beds 2.37 beds 2.51 beds 2.67 beds 2.7 beds
    Avg Bathrooms 1.94 baths 1.84 baths 1.89 baths 2 baths 2.02 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Buyer To Verify 72 $700,310 99 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 201 $633,777 115 days
    Distressed Homes 2 $899,500 41 days
    Multi-Million Dollar Homes 32 $1,582,522 181 days
    Newly Built Homes 35 $726,819 99 days
    Reduced Price Homes 3 $1,119,995 172 days

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