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  • Federal Way

    Federal Way Market Report

    $604,939

    AVERAGE PRICE OF 209 HOMES

    $334,990

    AVERAGE PRICE OF 1 DISTRESSED HOMES

    $1,826,548

    AVERAGE PRICE OF 22 MULTI-MILLION DOLLAR HOMES

    $872,036

    AVERAGE PRICE OF 18 NEWLY BUILT HOMES

    $505,716

    AVERAGE PRICE OF 9 REDUCED PRICE HOMES

    Average Home

    Average Price $604,939
    Avg Bedrooms 2.77 beds
    Avg Bathrooms 2.09 baths

    Average Price by Bedrooms

    1 bedroom $229,125
    2 bedrooms $285,516
    3 bedrooms $496,425
    4 bedrooms $747,092
    5 bedrooms $775,732
    Federal Way Home Price Trends
      1/2023 12/2022 11/2022 10/2022 9/2022
    Total Listings 188 232 285 300 300
    Average Price $619,842 $602,569 $595,968 $606,598 $641,122
    Avg Price Change +2.87% +1.11% -1.78% -5.69% -3.39%
    Median Price $537,519 $538,267 $540,375 $567,964 $596,037
    Med Price Change -0.14% -0.39% -5.11% -4.94% -0.48%
    Avg Bedrooms 2.75 beds 2.82 beds 2.86 beds 2.97 beds 2.96 beds
    Avg Bathrooms 2.06 baths 2.1 baths 2.13 baths 2.2 baths 2.21 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Buyer To Verify 53 $609,224 82 days
    Decatur High 26 $592,811 121 days
    Federal Way Snr High 28 $611,176 34 days
    Fife High 2 $924,250 132 days
    Todd Beamer High 22 $526,379 93 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 209 $604,939 92 days
    Distressed Homes 1 $334,990 8 days
    Multi-Million Dollar Homes 22 $1,826,548 205 days
    Newly Built Homes 18 $872,036 82 days
    Reduced Price Homes 9 $505,716 69 days

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