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Federal Way Market Report

$587,163

AVERAGE PRICE OF 289 HOMES

$274,975

AVERAGE PRICE OF 2 DISTRESSED HOMES

$1,708,858

AVERAGE PRICE OF 21 MULTI-MILLION DOLLAR HOMES

$904,204

AVERAGE PRICE OF 15 NEWLY BUILT HOMES

$1,031,667

AVERAGE PRICE OF 3 HOMES WITH A POOL

$638,166

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $587,163
Avg Bedrooms 2.82 beds
Avg Bathrooms 2.19 baths

Average Price by Bedrooms

1 bedroom $194,950
2 bedrooms $313,848
3 bedrooms $494,010
4 bedrooms $684,320
5 bedrooms $807,853
Federal Way Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 300 252 215 187 n/a
Average Price $548,238 $508,891 $480,169 $477,518 n/a
Avg Price Change +7.73% +5.98% +0.56% n/a n/a
Median Price $488,828 $476,759 $459,600 $460,792 n/a
Med Price Change +2.53% +3.73% -0.26% n/a n/a
Avg Bedrooms 2.74 beds 3.03 beds 3.24 beds 3.27 beds n/a
Avg Bathrooms 2.08 baths 2.28 baths 2.44 baths 2.4 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 91 $590,767 40 days
Decatur High 41 $578,877 42 days
Federal Way Snr High 38 $539,721 39 days
Thomas Jefferson Hig 4 $506,112 40 days
Todd Beamer High 25 $568,263 32 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 289 $587,163 51 days
Distressed Homes 2 $274,975 227 days
Multi-Million Dollar Homes 21 $1,708,858 134 days
Newly Built Homes 15 $904,204 79 days
Homes with a Pool 3 $1,031,667 19 days
Reduced Price Homes 3 $638,166 27 days

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