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  • Federal Way Market Report

    $604,564

    AVERAGE PRICE OF 348 HOMES

    $833,900

    AVERAGE PRICE OF 1 DISTRESSED HOMES

    $1,471,504

    AVERAGE PRICE OF 37 MULTI-MILLION DOLLAR HOMES

    $786,502

    AVERAGE PRICE OF 43 NEWLY BUILT HOMES

    $581,988

    AVERAGE PRICE OF 22 REDUCED PRICE HOMES

    Average Home

    Average Price $604,564
    Avg Bedrooms 2.76 beds
    Avg Bathrooms 2.12 baths

    Average Price by Bedrooms

    1 bedroom $258,781
    2 bedrooms $272,032
    3 bedrooms $565,964
    4 bedrooms $843,388
    5 bedrooms $942,978
    Federal Way Home Price Trends
      6/2024 5/2024 4/2024 3/2024 2/2024
    Total Listings 312 288 246 210 192
    Average Price $639,856 $642,120 $656,331 $638,272 $635,072
    Avg Price Change -0.35% -2.21% +2.83% +0.50% +2.42%
    Median Price $612,253 $611,964 $626,220 $568,327 $529,433
    Med Price Change +0.05% -2.33% +10.19% +7.35% +4.84%
    Avg Bedrooms 2.77 beds 2.71 beds 2.68 beds 2.53 beds 2.45 beds
    Avg Bathrooms 2.13 baths 2.14 baths 2.11 baths 1.99 baths 1.93 baths
    Home Price by High School
    School Name Total Homes Average Price
    Buyer To Verify 115 $651,599
    Home Price by House Size
    Total Homes Average Price
    All Homes 348 $604,564
    Distressed Homes 1 $833,900
    Multi-Million Dollar Homes 37 $1,471,504
    Newly Built Homes 43 $786,502
    Reduced Price Homes 22 $581,988

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