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Federal Way Market Report

$497,455

AVERAGE PRICE OF 237 HOMES

$316,316

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,481,286

AVERAGE PRICE OF 7 MULTI-MILLION DOLLAR HOMES

$765,874

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$875,000

AVERAGE PRICE OF 2 HOMES WITH A POOL

$492,475

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

Average Home

Average Price $497,455
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.41 baths

Average Price by Bedrooms

1 bedroom $183,977
2 bedrooms $281,379
3 bedrooms $439,635
4 bedrooms $635,153
5 bedrooms $825,716
Federal Way Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 215 187 n/a 152 186
Average Price $480,169 $477,518 n/a $456,923 $434,501
Avg Price Change +0.56% n/a n/a +5.16% -0.82%
Median Price $459,600 $460,792 n/a $449,206 $434,956
Med Price Change -0.26% n/a n/a +3.28% +3.55%
Avg Bedrooms 3.24 beds 3.27 beds n/a 3.21 beds 3.11 beds
Avg Bathrooms 2.44 baths 2.4 baths n/a 2.41 baths 2.36 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 75 $511,477 34 days
Decatur High 37 $539,110 17 days
Federal Way Snr High 24 $579,476 25 days
Thomas Jefferson Hig 2 $397,495 132 days
Todd Beamer High 32 $475,645 19 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 237 $497,455 32 days
Distressed Homes 3 $316,316 149 days
Multi-Million Dollar Homes 7 $1,481,286 20 days
Newly Built Homes 15 $765,874 115 days
Homes with a Pool 2 $875,000 17 days
Reduced Price Homes 4 $492,475 36 days

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