Federal Way, WA
Housing market overview · Updated weekly
$591,250median sale price
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
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
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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.
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