Federal Way Market Report
$610,632
AVERAGE PRICE OF 233 HOMES$254,900
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,697,358
AVERAGE PRICE OF 30 MULTI-MILLION DOLLAR HOMES$686,398
AVERAGE PRICE OF 26 NEWLY BUILT HOMES$565,731
AVERAGE PRICE OF 10 REDUCED PRICE HOMESAverage Home
| Average Price | $610,632 |
| Avg Bedrooms | 2.4 beds |
| Avg Bathrooms | 1.83 baths |
Average Price by Bedrooms
| 1 bedroom | $231,990 |
| 2 bedrooms | $277,081 |
| 3 bedrooms | $526,312 |
| 4 bedrooms | $794,373 |
| 5 bedrooms | $912,775 |
Federal Way Home Price Trends
| 11/2023 | 10/2023 | 9/2023 | 8/2023 | 7/2023 | |
|---|---|---|---|---|---|
| Total Listings | 249 | 259 | 279 | 281 | 274 |
| Average Price | $606,897 | $620,322 | $615,381 | $608,110 | $608,875 |
| Avg Price Change | -2.21% | +0.80% | +1.20% | -0.13% | -0.60% |
| Median Price | $518,279 | $550,381 | $557,821 | $547,773 | $546,614 |
| Med Price Change | -6.19% | -1.35% | +1.83% | +0.21% | +3.25% |
| Avg Bedrooms | 2.51 beds | 2.67 beds | 2.7 beds | 2.61 beds | 2.63 beds |
| Avg Bathrooms | 1.89 baths | 2 baths | 2.02 baths | 1.94 baths | 1.93 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Buyer To Verify | 67 | $658,461 | 115 days |
| Decatur High | 24 | $528,854 | 134 days |
| Federal Way Snr High | 24 | $606,166 | 56 days |
| Thomas Jefferson Hig | 5 | $928,800 | 82 days |
| Todd Beamer High | 21 | $529,135 | 72 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 233 | $610,632 | 115 days |
| Distressed Homes | 1 | $254,900 | 219 days |
| Multi-Million Dollar Homes | 30 | $1,697,358 | 234 days |
| Newly Built Homes | 26 | $686,398 | 89 days |
| Reduced Price Homes | 10 | $565,731 | 50 days |
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