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Federal Way Market Report

$562,726

AVERAGE PRICE OF 282 HOMES

$586,706

AVERAGE PRICE OF 8 DISTRESSED HOMES

$1,572,436

AVERAGE PRICE OF 24 MULTI-MILLION DOLLAR HOMES

$753,259

AVERAGE PRICE OF 34 NEWLY BUILT HOMES

$1,200,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$417,687

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $562,726
Avg Bedrooms 2.63 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $246,570
2 bedrooms $271,755
3 bedrooms $551,534
4 bedrooms $779,361
5 bedrooms $956,555
Federal Way Home Price Trends
  11/2024 10/2024 9/2024 8/2024 7/2024
Total Listings 298 320 323 339 338
Average Price $582,943 $614,061 $613,688 $597,874 $607,280
Avg Price Change -5.34% +0.06% +2.65% -1.57% -5.36%
Median Price $552,771 $572,824 $575,228 $567,263 $573,830
Med Price Change -3.63% -0.42% +1.40% -1.16% -6.70%
Avg Bedrooms 2.71 beds 2.78 beds 2.73 beds 2.76 beds 2.76 beds
Avg Bathrooms 2.07 baths 2.13 baths 2.08 baths 2.1 baths 2.11 baths
Home Price by High School
School Name Total Homes Average Price
Buyer To Verify 112 $611,591
Home Price by House Size
Total Homes Average Price
All Homes 282 $562,726
Distressed Homes 8 $586,706
Multi-Million Dollar Homes 24 $1,572,436
Newly Built Homes 34 $753,259
Homes with a Pool 1 $1,200,000
Reduced Price Homes 20 $417,687

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10828 Gravelly Lake Dr SW Ste 210
Lakewood, WA
253-448-3658
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