Federal Way
Federal Way Market Report
$614,044
AVERAGE PRICE OF 326 HOMES$648,271
AVERAGE PRICE OF 7 DISTRESSED HOMES$1,542,454
AVERAGE PRICE OF 36 MULTI-MILLION DOLLAR HOMES$785,961
AVERAGE PRICE OF 34 NEWLY BUILT HOMES$678,000
AVERAGE PRICE OF 1 HOMES WITH A POOL$623,426
AVERAGE PRICE OF 24 REDUCED PRICE HOMESAverage Home
| Average Price | $614,044 |
| Avg Bedrooms | 2.74 beds |
| Avg Bathrooms | 2.07 baths |
Average Price by Bedrooms
| 1 bedroom | $257,024 |
| 2 bedrooms | $300,787 |
| 3 bedrooms | $565,215 |
| 4 bedrooms | $835,502 |
| 5 bedrooms | $934,003 |
Federal Way Home Price Trends
| 8/2024 | 7/2024 | 6/2024 | 5/2024 | 4/2024 | |
|---|---|---|---|---|---|
| Total Listings | 339 | 338 | 312 | 288 | 246 |
| Average Price | $597,874 | $607,280 | $639,856 | $642,120 | $656,331 |
| Avg Price Change | -1.57% | -5.36% | -0.35% | -2.21% | +2.83% |
| Median Price | $567,263 | $573,830 | $612,253 | $611,964 | $626,220 |
| Med Price Change | -1.16% | -6.70% | +0.05% | -2.33% | +10.19% |
| Avg Bedrooms | 2.76 beds | 2.76 beds | 2.77 beds | 2.71 beds | 2.68 beds |
| Avg Bathrooms | 2.1 baths | 2.11 baths | 2.13 baths | 2.14 baths | 2.11 baths |
Home Price by High School
| School Name | Total Homes | Average Price |
|---|---|---|
| Buyer To Verify | 120 | $647,259 |
Home Price by House Size
| Total Homes | Average Price | |
|---|---|---|
| All Homes | 326 | $614,044 |
| Distressed Homes | 7 | $648,271 |
| Multi-Million Dollar Homes | 36 | $1,542,454 |
| Newly Built Homes | 34 | $785,961 |
| Homes with a Pool | 1 | $678,000 |
| Reduced Price Homes | 24 | $623,426 |
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