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  • Federal Way Market Report

    $631,511

    AVERAGE PRICE OF 234 HOMES

    $1,670,011

    AVERAGE PRICE OF 23 MULTI-MILLION DOLLAR HOMES

    $952,781

    AVERAGE PRICE OF 15 NEWLY BUILT HOMES

    $650,000

    AVERAGE PRICE OF 2 HOMES WITH A POOL

    $466,666

    AVERAGE PRICE OF 3 REDUCED PRICE HOMES

    Average Home

    Average Price $631,511
    Avg Bedrooms 2.65 beds
    Avg Bathrooms 2.05 baths

    Average Price by Bedrooms

    1 bedroom $224,315
    2 bedrooms $312,129
    3 bedrooms $539,454
    4 bedrooms $777,968
    5 bedrooms $838,171
    Federal Way Home Price Trends
      4/2022 3/2022 2/2022 1/2022 12/2021
    Total Listings n/a 218 188 170 211
    Average Price n/a $632,585 $643,958 $624,594 $593,213
    Avg Price Change n/a -1.80% +3.10% +5.29% n/a
    Median Price n/a $570,873 $557,263 $538,482 $525,616
    Med Price Change n/a +2.44% +3.49% +2.45% n/a
    Avg Bedrooms n/a 2.74 beds 2.66 beds 2.61 beds 2.69 beds
    Avg Bathrooms n/a 2.05 baths 1.99 baths 1.99 baths 2.02 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Buyer To Verify 72 $676,943 60 days
    Decatur High 20 $618,522 64 days
    Federal Way Snr High 29 $609,027 60 days
    Fife High 3 $711,150 31 days
    Todd Beamer High 38 $602,643 52 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 234 $631,511 66 days
    Multi-Million Dollar Homes 23 $1,670,011 215 days
    Newly Built Homes 15 $952,781 149 days
    Homes with a Pool 2 $650,000 58 days
    Reduced Price Homes 3 $466,666 54 days

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