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

Federal Way Market Report

$613,284

AVERAGE PRICE OF 230 HOMES

$254,900

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,697,358

AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES

$684,654

AVERAGE PRICE OF 25 NEWLY BUILT HOMES

$519,032

AVERAGE PRICE OF 8 REDUCED PRICE HOMES

Average Home

Average Price $613,284
Avg Bedrooms 2.41 beds
Avg Bathrooms 1.83 baths

Average Price by Bedrooms

1 bedroom $230,000
2 bedrooms $276,155
3 bedrooms $525,979
4 bedrooms $795,982
5 bedrooms $912,775
Federal Way Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 249 259 279 281 274
Average Price $606,897 $620,322 $615,381 $608,110 $608,875
Avg Price Change -2.21% +0.80% +1.20% -0.13% -0.60%
Median Price $518,279 $550,381 $557,821 $547,773 $546,614
Med Price Change -6.19% -1.35% +1.83% +0.21% +3.25%
Avg Bedrooms 2.51 beds 2.67 beds 2.7 beds 2.61 beds 2.63 beds
Avg Bathrooms 1.89 baths 2 baths 2.02 baths 1.94 baths 1.93 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 66 $661,695 119 days
Decatur High 24 $528,854 137 days
Federal Way Snr High 22 $617,183 53 days
Thomas Jefferson Hig 5 $928,800 85 days
Todd Beamer High 21 $529,135 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 230 $613,284 118 days
Distressed Homes 1 $254,900 222 days
Multi-Million Dollar Homes 30 $1,697,358 237 days
Newly Built Homes 25 $684,654 91 days
Reduced Price Homes 8 $519,032 48 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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