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Federal Way Market Report

$593,456

AVERAGE PRICE OF 216 HOMES

$274,975

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,666,332

AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES

$844,232

AVERAGE PRICE OF 21 NEWLY BUILT HOMES

$349,082

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $593,456
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.05 baths

Average Price by Bedrooms

1 bedroom $192,999
2 bedrooms $260,830
3 bedrooms $462,062
4 bedrooms $762,749
5 bedrooms $911,780
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 62 $639,023 90 days
Decatur High 13 $678,523 58 days
Federal Way Snr High 27 $591,571 63 days
Fife High 2 $524,950 20 days
Todd Beamer High 23 $544,039 55 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 216 $593,456 83 days
Distressed Homes 2 $274,975 358 days
Multi-Million Dollar Homes 20 $1,666,332 201 days
Newly Built Homes 21 $844,232 167 days
Reduced Price Homes 8 $349,082 35 days

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