If you need assistance, please call 253-381-5608

Federal Way Market Report

$646,101

AVERAGE PRICE OF 191 HOMES

$599,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,622,447

AVERAGE PRICE OF 33 MULTI-MILLION DOLLAR HOMES

$724,483

AVERAGE PRICE OF 32 NEWLY BUILT HOMES

$410,000

AVERAGE PRICE OF 2 REDUCED PRICE HOMES

Average Home

Average Price $646,101
Avg Bedrooms 2.47 beds
Avg Bathrooms 1.93 baths

Average Price by Bedrooms

1 bedroom $235,780
2 bedrooms $265,474
3 bedrooms $551,252
4 bedrooms $905,910
5 bedrooms $916,144
Federal Way Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 190 220 249 259 279
Average Price $620,091 $608,962 $606,897 $620,322 $615,381
Avg Price Change +1.83% +0.34% -2.21% +0.80% +1.20%
Median Price $504,995 $497,483 $518,279 $550,381 $557,821
Med Price Change +1.51% -4.18% -6.19% -1.35% +1.83%
Avg Bedrooms 2.42 beds 2.37 beds 2.51 beds 2.67 beds 2.7 beds
Avg Bathrooms 1.94 baths 1.84 baths 1.89 baths 2 baths 2.02 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 67 $682,273 101 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 191 $646,101 119 days
Distressed Homes 1 $599,000 20 days
Multi-Million Dollar Homes 33 $1,622,447 174 days
Newly Built Homes 32 $724,483 105 days
Reduced Price Homes 2 $410,000 25 days

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John S Realty
John Schlanbusch
2315 N. 30th St.
Tacoma, WA 98403
253-381-5608
253-370-2112
On Q Financial
Brandon Diaz
Mortgage Consultant
NMLS# 694273
253-592-4924

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Properties with the NWMLS icon are courtesy of Northwest MLS.
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