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Federal Way Market Report

$420,749

AVERAGE PRICE OF 291 HOMES

$325,707

AVERAGE PRICE OF 12 DISTRESSED HOMES

$1,527,444

AVERAGE PRICE OF 2 MULTI-MILLION DOLLAR HOMES

$586,014

AVERAGE PRICE OF 52 NEWLY BUILT HOMES

$378,975

AVERAGE PRICE OF 6 REDUCED PRICE HOMES

Average Home

Average Price $420,749
Avg Bedrooms 3.35 beds
Avg Bathrooms 2.23 baths

Average Price by Bedrooms

1 bedroom $172,768
2 bedrooms $210,430
3 bedrooms $354,889
4 bedrooms $526,313
5 bedrooms $633,900
Federal Way Home Price Trends
  2/2019 1/2019 12/2018 11/2018 10/2018
Total Listings 250 241 288 371 434
Average Price $423,531 $437,300 $420,166 $420,034 $421,276
Avg Price Change -3.25% +4.08% +0.03% -0.30% -0.93%
Median Price $381,570 $384,423 $378,520 $383,644 $381,225
Med Price Change -0.75% +1.56% -1.35% +0.63% -0.56%
Avg Bedrooms 3.27 beds 3.34 beds 3.33 beds 3.38 beds 3.4 beds
Avg Bathrooms 2.21 baths 2.25 baths 2.2 baths 2.21 baths 2.23 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Buyer To Verify 64 $354,299 54 days
Decatur High 53 $452,369 61 days
Federal Way Snr High 39 $372,748 82 days
Thomas Jefferson Hig 3 $218,333 38 days
Todd Beamer High 41 $547,918 74 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 291 $420,749 66 days
Distressed Homes 12 $325,707 165 days
Multi-Million Dollar Homes 2 $1,527,444 84 days
Newly Built Homes 52 $586,014 96 days
Reduced Price Homes 6 $378,975 93 days
Nykole Larson Real Estate Group at Keller Williams Puget Sound
Nykole Larson
33434 8th Ave South Suite 103
Federal Way, WA 98023
253-835-4500

Ben Larson
Loan Officer
NMLS ID 152377
253-200-3255 Ext. 25

5306 Pacific HWY E #B
Fife, WA 98424

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Copyright 2016 NWMLS.
Properties with the NWMLS icon are courtesy of Northwest MLS.
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