• Federal Way Market Report

    $394,763

    AVERAGE PRICE OF 331 HOMES

    $268,516

    AVERAGE PRICE OF 35 DISTRESSED HOMES

    $1,744,883

    AVERAGE PRICE OF 9 MULTI-MILLION DOLLAR HOMES

    $482,526

    AVERAGE PRICE OF 43 NEWLY BUILT HOMES

    $683,315

    AVERAGE PRICE OF 3 HOMES WITH A POOL

    $415,181

    AVERAGE PRICE OF 53 REDUCED PRICE HOMES

    Average Home

    Average Price $394,763
    Avg Bedrooms 3 beds
    Avg Bathrooms 2.28 baths

    Average Price by Bedrooms

    1 bedroom $130,777
    2 bedrooms $207,047
    3 bedrooms $343,476
    4 bedrooms $483,660
    5 bedrooms $583,511
    Federal Way Home Price Trends
      3/2017 2/2017 1/2017 12/2016 11/2016
    Total Listings 306 331 330 385 440
    Average Price $391,761 $381,314 $373,881 $371,885 $370,468
    Avg Price Change +2.74% +1.99% +0.54% +0.38% -0.86%
    Median Price $351,900 $352,461 $349,829 $341,723 $335,117
    Med Price Change -0.16% +0.75% +2.37% +1.97% +0.01%
    Avg Bedrooms 3 beds 3 beds 3 beds 3 beds 3 beds
    Avg Bathrooms 2.32 baths 2.31 baths 2.32 baths 2.29 baths 2.28 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Market
    Buyer To Verify 60 $423,730 49 days
    Decatur High 50 $439,118 88 days
    Federal Way Snr High 33 $382,131 128 days
    Fife High 29 $498,019 71 days
    Todd Beamer High 29 $425,337 74 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Market
    All Homes 331 $394,763 85 days
    Distressed Homes 35 $268,516 219 days
    Multi-Million Dollar Homes 9 $1,744,883 122 days
    Newly Built Homes 43 $482,526 98 days
    Homes with a Pool 3 $683,315 25 days
    Reduced Price Homes 53 $415,181 228 days