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  • 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 HOMES

    Average 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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