The Federal Way housing market is very competitive. Homes in Federal Way receive 2 offers on average and sell in around 8 days. The median sale price of a home in Federal Way was $616K last month, down 3.8% since last year. The median sale price per square foot in Federal Way is $317, down 1.4% since last year.
What is the housing market like in Federal Way today?
In June 2025, Federal Way home prices were down 3.8% compared to last year, selling for a median price of $616K. On average, homes in Federal Way sell after 8 days on the market compared to 7 days last year. There were 79 homes sold in June this year, up from 67 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$616,000
-3.8% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Federal Way, WA
$616,000
-3.8%
United States
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How hot is the Federal Way housing market?
Federal Way is very competitive. Homes sell in 8.5 days.
0
100
86
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 9 days.
Hot homes
can sell for about 2% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Federal Way
Explore recent offers and recently sold homes in Federal Way
Recent offers
Offer Not Accepted|
7 Weeks Ago
~$550K Offer
Sold for $500K
3bd | 2.25ba | ~1,750sqft
Over List Price
0%
Days on Market
29
Competing Offers
0
Down Payment
—
Malia Vassar
Federal Way Redfin Agent
View houses in Federal Way that sold recently
Recently sold homes
SOLD JUL 30, 2025
$570,000 Last Sold Price
3 beds
1 bath
1,150 sq ft
30011 5th Ave SW, Federal Way, WA 98023
Tammy Yao • Windermere Real Estate/East Skyline Properties, Inc.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Federal Way housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Federal Way.
Flood Factor - Minor
4% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Federal Way has a minor risk of flooding. 596 properties in Federal Way are likely to be
severely affected
by flooding over the next 30 years. This represents 4% of all properties in Federal Way. Flood risk is increasing slower than the national average.
2% of properties are at risk of wildfire over the next 30 years
Fire Factor
Federal Way has a moderate risk of wildfire. There are 488 properties in Federal Way that have some risk of being affected by wildfire over the next 30 years. This represents 2% of all properties in Federal Way.
Federal Way has minimal risk of severe winds over the next 30 years
Wind Factor
Federal Way has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.