If you need assistance, please call 206-909-2073

Federal Way Market Report

$611,905

AVERAGE PRICE OF 276 HOMES

$426,200

AVERAGE PRICE OF 4 DISTRESSED HOMES

$1,595,646

AVERAGE PRICE OF 35 MULTI-MILLION DOLLAR HOMES

$774,574

AVERAGE PRICE OF 22 NEWLY BUILT HOMES

$731,474

AVERAGE PRICE OF 10 REDUCED PRICE HOMES

Average Home

Average Price $611,905
Avg Bedrooms 2.65 beds
Avg Bathrooms 1.89 baths

Average Price by Bedrooms

1 bedroom $232,477
2 bedrooms $293,443
3 bedrooms $475,160
4 bedrooms $764,131
5 bedrooms $896,439
Federal Way Home Price Trends
  5/2023 4/2023 3/2023 2/2023 1/2023
Total Listings 253 229 219 219 188
Average Price $616,937 $610,581 $612,315 $593,851 $619,842
Avg Price Change +1.04% -0.28% +3.11% -4.38% +2.87%
Median Price $528,153 $523,718 $532,838 $522,598 $537,519
Med Price Change +0.85% -1.74% +1.96% -2.86% -0.14%
Avg Bedrooms 2.68 beds 2.66 beds 2.76 beds 2.76 beds 2.75 beds
Avg Bathrooms 1.95 baths 1.95 baths 2.02 baths 2.08 baths 2.06 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 78 $611,456 72 days
Decatur High 23 $587,832 105 days
Federal Way Snr High 44 $656,943 27 days
Thomas Jefferson Hig 2 $715,000 23 days
Todd Beamer High 23 $647,406 62 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 276 $611,905 72 days
Distressed Homes 4 $426,200 28 days
Multi-Million Dollar Homes 35 $1,595,646 176 days
Newly Built Homes 22 $774,574 63 days
Reduced Price Homes 10 $731,474 205 days

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Chris Gurnee Team EXP
Chris Gurnee
18002 15th Ave NE Suite J
Shoreline, WA 98155
206-909-2073

Information is provided exclusively for consumers' personal, non-commercial 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. Copyright 2021 NWMLS.
Properties with the NWMLS icon are courtesy of Northwest MLS.
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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