Federal Way, WA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Federal Way, WA is $591,250, down 8.0% year-over-year. Homes sell in an average of 26 days with 99 active listings. The market is currently a seller's market.
$591,250median sale price
Is Federal Way a buyer's or seller's market?
Federal Way, WA is currently a seller's market, based on 1.8 months of supply and homes selling in about 26 days. How we determine this →
Homes sold
56
Last 12 weeks
Days on market
26
Average pace
Active listings
99
1.8 months supply
Sale-to-list
99.9%
Below asking
Federal Way, WA market data
| Metric | Value |
|---|---|
| Median sale price | $591,250 |
| Median list price | $627,000 |
| Year-over-year price change | -8.0% |
| Average days on market | 26 days |
| Active inventory | 99 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 99.9% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Federal Way housing market is currently classified as a seller's market with a median sale price of $591,250. Prices have fallen 8.0% compared to last year, with homes spending an average of 26 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Federal Way
There are currently 99 homes listed for sale in Federal Way, Washington. The median listing price is $627K.
Active listings
99
Homes on market
Median list price
$627K
Avg. days on market
26
Days until sale
New this week
76
Newly listed
Top public schools in Federal Way
33 schools tracked · 14,596 students
The largest public schools serving Federal Way, WA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Federal Way High School
Grades 9-12 · 1,645 students
Todd Beamer High School
Grades 9-12 · 1,413 students
Decatur High School
Grades 9-12 · 1,354 students
Sacajawea Middle School
Grades 6-8 · 652 students
Illahee Middle School
Grades 5-8 · 622 students
Lakota Middle School
Grades 6-8 · 618 students
Wildwood Elementary School
Grades PK-5 · 566 students
Technology Access Foundation Academy at Saghalie
Grades 6-12 · 537 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Explore nearby cities in WA
Frequently asked questions
What is the average home price in Federal Way?
The median home sale price in Federal Way is $591,250, down 8.0% from last year.
How long do homes stay on market in Federal Way?
Homes typically spend 26 days on market before going under contract.
Is Federal Way a buyer's or seller's market?
With 1.8 months of supply, Federal Way is currently a seller's market.
Pre-launch · for real estate professionals
Reserve a slot on this page
Get your brokerage in front of buyers actively shopping this city on the Federal Way, WA market page when featured listings launch in the next 1-2 weeks. One brokerage slot per page, billed monthly once live.
$100 / month
Reserve slotGet Federal Way market alerts
Weekly updates on prices, inventory, and trends. Free forever.