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  • Federal Way

    Federal Way Market Report

    $437,321

    AVERAGE PRICE OF 393 HOMES

    $269,129

    AVERAGE PRICE OF 15 DISTRESSED HOMES

    $1,695,472

    AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

    $607,459

    AVERAGE PRICE OF 46 NEWLY BUILT HOMES

    $1,400,000

    AVERAGE PRICE OF 2 HOMES WITH A POOL

    $541,423

    AVERAGE PRICE OF 13 REDUCED PRICE HOMES

    Average Home

    Average Price $437,321
    Avg Bedrooms 3.28 beds
    Avg Bathrooms 2.19 baths

    Average Price by Bedrooms

    1 bedroom $198,952
    2 bedrooms $228,435
    3 bedrooms $386,264
    4 bedrooms $552,425
    5 bedrooms $596,994
    Federal Way Home Price Trends
      5/2019 4/2019 3/2019 2/2019 1/2019
    Total Listings 339 308 265 250 241
    Average Price $445,065 $436,661 $418,625 $423,531 $437,300
    Avg Price Change +1.92% +4.31% -1.17% -3.25% +4.08%
    Median Price $423,295 $409,714 $399,539 $381,570 $384,423
    Med Price Change +3.31% +2.55% +4.71% -0.75% +1.56%
    Avg Bedrooms 3.4 beds 3.37 beds 3.32 beds 3.27 beds 3.34 beds
    Avg Bathrooms 2.26 baths 2.25 baths 2.24 baths 2.21 baths 2.25 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Buyer To Verify 75 $377,244 45 days
    Decatur High 58 $494,867 54 days
    Federal Way Snr High 48 $455,000 71 days
    Fife High 2 $542,497 46 days
    Todd Beamer High 63 $537,084 60 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 393 $437,321 58 days
    Distressed Homes 15 $269,129 182 days
    Multi-Million Dollar Homes 4 $1,695,472 88 days
    Newly Built Homes 46 $607,459 89 days
    Homes with a Pool 2 $1,400,000 45 days
    Reduced Price Homes 13 $541,423 44 days

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    School Data

    Highly Rated Federal Way Schools

    9

    RAINIER VIEW ELEMENTARY SCHOOL
    Elementary School
    Public

    8

    FIFE HIGH SCHOOL
    High School
    Public