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Federal Way Market Report

$662,691

AVERAGE PRICE OF 323 HOMES

$1,348,800

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,542,315

AVERAGE PRICE OF 43 MULTI-MILLION DOLLAR HOMES

$856,255

AVERAGE PRICE OF 9 NEWLY BUILT HOMES

$963,166

AVERAGE PRICE OF 3 HOMES WITH A POOL

$674,397

AVERAGE PRICE OF 24 REDUCED PRICE HOMES

Average Home

Average Price $662,691
Avg Bedrooms 2.91 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

1 bedroom $227,919
2 bedrooms $371,655
3 bedrooms $579,521
4 bedrooms $788,311
5 bedrooms $896,464
Federal Way Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 291 n/a n/a n/a 218
Average Price $672,818 n/a n/a n/a $632,585
Avg Price Change n/a n/a n/a n/a -1.80%
Median Price $599,587 n/a n/a n/a $570,873
Med Price Change n/a n/a n/a n/a +2.44%
Avg Bedrooms 2.91 beds n/a n/a n/a 2.74 beds
Avg Bathrooms 2.18 baths n/a n/a n/a 2.05 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 91 $645,868 50 days
Decatur High 49 $755,131 42 days
Federal Way Snr High 34 $603,879 57 days
Fife High 3 $560,000 26 days
Todd Beamer High 45 $631,385 73 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 323 $662,691 61 days
Distressed Homes 1 $1,348,800 50 days
Multi-Million Dollar Homes 43 $1,542,315 136 days
Newly Built Homes 9 $856,255 223 days
Homes with a Pool 3 $963,166 11 days
Reduced Price Homes 24 $674,397 35 days

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John S Realty
John Schlanbusch
2315 N. 30th St.
Tacoma, WA 98403
253-381-5608
253-370-2112

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