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Federal Way Market Report

$670,707

AVERAGE PRICE OF 309 HOMES

$1,348,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,564,752

AVERAGE PRICE OF 42 MULTI-MILLION DOLLAR HOMES

$856,255

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$1,275,000

AVERAGE PRICE OF 2 HOMES WITH A POOL

$727,147

AVERAGE PRICE OF 18 REDUCED PRICE HOMES

Average Home

Average Price $670,707
Avg Bedrooms 2.9 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $234,656
2 bedrooms $371,209
3 bedrooms $581,447
4 bedrooms $794,698
5 bedrooms $905,157
Federal Way Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 291 n/a n/a n/a 218
Average Price $672,818 n/a n/a n/a $632,585
Avg Price Change n/a n/a n/a n/a -1.80%
Median Price $599,587 n/a n/a n/a $570,873
Med Price Change n/a n/a n/a n/a +2.44%
Avg Bedrooms 2.91 beds n/a n/a n/a 2.74 beds
Avg Bathrooms 2.18 baths n/a n/a n/a 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 92 $657,559 48 days
Decatur High 45 $758,363 42 days
Federal Way Snr High 30 $618,896 62 days
Fife High 3 $563,333 21 days
Todd Beamer High 41 $638,718 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 309 $670,707 62 days
Distressed Homes 1 $1,348,800 45 days
Multi-Million Dollar Homes 42 $1,564,752 135 days
Newly Built Homes 9 $856,255 218 days
Homes with a Pool 2 $1,275,000 10 days
Reduced Price Homes 18 $727,147 36 days

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Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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