Federal Way
Federal Way Market Report
$617,494
AVERAGE PRICE OF 296 HOMES$1,556,638
AVERAGE PRICE OF 28 MULTI-MILLION DOLLAR HOMES$883,611
AVERAGE PRICE OF 9 NEWLY BUILT HOMES$553,531
AVERAGE PRICE OF 34 REDUCED PRICE HOMESAverage Home
| Average Price | $617,494 |
| Avg Bedrooms | 2.97 beds |
| Avg Bathrooms | 2.21 baths |
Average Price by Bedrooms
| 1 bedroom | $240,058 |
| 2 bedrooms | $333,499 |
| 3 bedrooms | $545,057 |
| 4 bedrooms | $702,850 |
| 5 bedrooms | $805,149 |
Federal Way Home Price Trends
| 9/2022 | 8/2022 | 7/2022 | 6/2022 | 5/2022 | |
|---|---|---|---|---|---|
| Total Listings | 300 | 313 | 291 | n/a | n/a |
| Average Price | $641,122 | $662,865 | $672,818 | n/a | n/a |
| Avg Price Change | -3.39% | -1.50% | n/a | n/a | n/a |
| Median Price | $596,037 | $598,910 | $599,587 | n/a | n/a |
| Med Price Change | -0.48% | -0.11% | n/a | n/a | n/a |
| Avg Bedrooms | 2.96 beds | 2.91 beds | 2.91 beds | n/a | n/a |
| Avg Bathrooms | 2.21 baths | 2.21 baths | 2.18 baths | n/a | n/a |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Buyer To Verify | 73 | $567,993 | 69 days |
| Decatur High | 51 | $669,023 | 57 days |
| Federal Way Snr High | 42 | $599,449 | 53 days |
| Fife High | 3 | $534,666 | 65 days |
| Todd Beamer High | 33 | $645,128 | 104 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 296 | $617,494 | 75 days |
| Multi-Million Dollar Homes | 28 | $1,556,638 | 216 days |
| Newly Built Homes | 9 | $883,611 | 216 days |
| Reduced Price Homes | 34 | $553,531 | 42 days |
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