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  • Federal Way

    Federal Way Market Report

    $587,705

    AVERAGE PRICE OF 226 HOMES

    $274,975

    AVERAGE PRICE OF 2 DISTRESSED HOMES

    $1,641,745

    AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

    $844,232

    AVERAGE PRICE OF 21 NEWLY BUILT HOMES

    $346,293

    AVERAGE PRICE OF 6 REDUCED PRICE HOMES

    Average Home

    Average Price $587,705
    Avg Bedrooms 2.71 beds
    Avg Bathrooms 2.06 baths

    Average Price by Bedrooms

    1 bedroom $198,285
    2 bedrooms $264,198
    3 bedrooms $462,935
    4 bedrooms $764,783
    5 bedrooms $956,068
    Federal Way Home Price Trends
      11/2021 10/2021 9/2021 8/2021 7/2021
    Total Listings n/a 301 305 303 280
    Average Price n/a $581,426 $575,359 $574,883 $583,466
    Avg Price Change n/a +1.05% +0.08% -1.49% +6.43%
    Median Price n/a $538,778 $522,796 $514,012 $515,028
    Med Price Change n/a +3.06% +1.71% -0.20% +5.36%
    Avg Bedrooms n/a 2.9 beds 2.86 beds 2.86 beds 2.82 beds
    Avg Bathrooms n/a 2.14 baths 2.11 baths 2.14 baths 2.2 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Buyer To Verify 71 $614,565 81 days
    Decatur High 14 $662,414 52 days
    Federal Way Snr High 27 $583,460 61 days
    Fife High 2 $524,950 23 days
    Todd Beamer High 23 $566,826 54 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 226 $587,705 78 days
    Distressed Homes 2 $274,975 361 days
    Multi-Million Dollar Homes 21 $1,641,745 194 days
    Newly Built Homes 21 $844,232 170 days
    Reduced Price Homes 6 $346,293 42 days

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