Federal Way Market Report
$582,334
AVERAGE PRICE OF 232 HOMES$451,458
AVERAGE PRICE OF 6 DISTRESSED HOMES$1,642,426
AVERAGE PRICE OF 20 MULTI-MILLION DOLLAR HOMES$813,307
AVERAGE PRICE OF 28 NEWLY BUILT HOMES$760,000
AVERAGE PRICE OF 2 HOMES WITH A POOL$444,940
AVERAGE PRICE OF 10 REDUCED PRICE HOMESAverage Home
| Average Price | $582,334 |
| Avg Bedrooms | 2.69 beds |
| Avg Bathrooms | 2.07 baths |
Average Price by Bedrooms
| 1 bedroom | $225,893 |
| 2 bedrooms | $274,317 |
| 3 bedrooms | $557,356 |
| 4 bedrooms | $811,169 |
| 5 bedrooms | $937,823 |
Federal Way Home Price Trends
| 12/2024 | 11/2024 | 10/2024 | 9/2024 | 8/2024 | |
|---|---|---|---|---|---|
| Total Listings | 272 | 298 | 320 | 323 | 339 |
| Average Price | $568,220 | $582,943 | $614,061 | $613,688 | $597,874 |
| Avg Price Change | -2.59% | -5.34% | +0.06% | +2.65% | -1.57% |
| Median Price | $532,833 | $552,771 | $572,824 | $575,228 | $567,263 |
| Med Price Change | -3.74% | -3.63% | -0.42% | +1.40% | -1.16% |
| Avg Bedrooms | 2.64 beds | 2.71 beds | 2.78 beds | 2.73 beds | 2.76 beds |
| Avg Bathrooms | 2.04 baths | 2.07 baths | 2.13 baths | 2.08 baths | 2.1 baths |
Home Price by High School
| School Name | Total Homes | Average Price |
|---|---|---|
| Buyer To Verify | 92 | $660,437 |
Home Price by House Size
| Total Homes | Average Price | |
|---|---|---|
| All Homes | 232 | $582,334 |
| Distressed Homes | 6 | $451,458 |
| Multi-Million Dollar Homes | 20 | $1,642,426 |
| Newly Built Homes | 28 | $813,307 |
| Homes with a Pool | 2 | $760,000 |
| Reduced Price Homes | 10 | $444,940 |
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