If you need assistance, please call 253-448-3658

Federal Way Market Report

$641,819

AVERAGE PRICE OF 306 HOMES

$1,467,872

AVERAGE PRICE OF 47 MULTI-MILLION DOLLAR HOMES

$798,247

AVERAGE PRICE OF 51 NEWLY BUILT HOMES

$493,196

AVERAGE PRICE OF 15 REDUCED PRICE HOMES

Average Home

Average Price $641,819
Avg Bedrooms 2.72 beds
Avg Bathrooms 2.13 baths

Average Price by Bedrooms

1 bedroom $235,704
2 bedrooms $265,007
3 bedrooms $594,344
4 bedrooms $828,396
5 bedrooms $957,655
Federal Way Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 246 210 192 190 220
Average Price $656,331 $638,272 $635,072 $620,091 $608,962
Avg Price Change +2.83% +0.50% +2.42% +1.83% +0.34%
Median Price $626,220 $568,327 $529,433 $504,995 $497,483
Med Price Change +10.19% +7.35% +4.84% +1.51% -4.18%
Avg Bedrooms 2.68 beds 2.53 beds 2.45 beds 2.42 beds 2.37 beds
Avg Bathrooms 2.11 baths 1.99 baths 1.93 baths 1.94 baths 1.84 baths
Home Price by High School
School Name Total Homes Average Price
Buyer To Verify 115 $691,462
Home Price by House Size
Total Homes Average Price
All Homes 306 $641,819
Multi-Million Dollar Homes 47 $1,467,872
Newly Built Homes 51 $798,247
Reduced Price Homes 15 $493,196

Powered by
Powered by
Premier Real Estate Partners
10828 Gravelly Lake Dr SW Ste 210
Lakewood, WA
253-448-3658
PMR Logo.Sq.jpg

© 2023 Premier Mortgage Resources, LLC (“PMR”) | NMLS #1169 www.nmlsconsumeraccess.org | 3363 Presidential Dr. #200, Meridian, ID 83642 | Equal Housing Opportunity | Not an offer to extend credit or a commitment to lend. Terms subject to change without notice. This is a non-exclusive advertisement with Premier Mortgage Resources, LLC and Premier Real Estate Group which are not affiliated. Licensed in the state of Washington Division of Consumer Services. Premier Mortgage Resources LLC State Licensing link: State Licensing - PMR Loans, Privacy Link: https://www.pmrloans.com/privacy-policy/.
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.
This site powered by CINC: www.cincpro.com