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Federal Way, WA Real Estate & Property Data

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Federal Way, WA. ATTOM’s Federal Way real estate data is updated daily, and current market trends show that in Federal Way, WA a total of 913 residential properties have sold over the past year. With a median home price of $650,000 in Federal Way and a total of 3 foreclosures. Get detailed property data for Federal Way, WA instantly. ATTOM is your one-stop-shop for the Federal Way property reports and real estate data you need in Federal Way, WA.

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Total Residential Properties 24,023

Total Commercial Properties 741

Avg. Home Age (Single Family Home) 46 Years

Avg. Square Feet (Single Family Home) 2,017

Total 2025 Residential Sales (year-to-date) 116

% of Homes Seriously Underwater (Q2 2025) 1.09%

Total 2024 Residential Sales 850

% of Equity Rich Homes (Q2 2025) 49.11%

Effective 2024 Property Tax 0.89%

Total Foreclosure Filings (year-to-date) 10

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Federal Way, WA Real Estate Overview

There were 913 residential properties sold in the past year in Federal Way, WA. The median home value in Federal Way, WA is $590,500. There are a total of 24,023 residential properties in the Federal Way.

Median Sales Price i

$650,000

(Feb 2025)

-2.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $650,000
January '25 Jan '25 $606,000
December '24 Dec '24 $621,500
November '24 Nov '24 $606,000
October '24 Oct '24 $625,500
September '24 Sep '24 $610,000
August '24 Aug '24 $650,000
July '24 Jul '24 $619,000
June '24 Jun '24 $640,000
May '24 May '24 $682,500
April '24 Apr '24 $628,000
March '24 Mar '24 $593,500

Median Down Payment i

$80,415

(Feb 2025)

-39.9%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $80,415
January '25 Jan '25 $31,459
December '24 Dec '24 $126,500
November '24 Nov '24 $104,895
October '24 Oct '24 $97,500
September '24 Sep '24 $60,000
August '24 Aug '24 $79,838
July '24 Jul '24 $81,625
June '24 Jun '24 $46,000
May '24 May '24 $108,750
April '24 Apr '24 $143,125
March '24 Mar '24 $115,500

Number of Homes Sold i

(Feb 2025)

+1.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 57
January '25 Jan '25 59
December '24 Dec '24 68
November '24 Nov '24 64
October '24 Oct '24 86
September '24 Sep '24 79
August '24 Aug '24 85
July '24 Jul '24 81
June '24 Jun '24 73
May '24 May '24 89
April '24 Apr '24 66
March '24 Mar '24 50

Number of Purchase Loans i

(Feb 2025)

+17.8%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 53
January '25 Jan '25 46
December '24 Dec '24 57
November '24 Nov '24 57
October '24 Oct '24 78
September '24 Sep '24 59
August '24 Aug '24 81
July '24 Jul '24 77
June '24 Jun '24 65
May '24 May '24 59
April '24 Apr '24 52
March '24 Mar '24 46

Number of REFI Loans i

(Feb 2025)

+22.7%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 27
January '25 Jan '25 36
December '24 Dec '24 38
November '24 Nov '24 41
October '24 Oct '24 73
September '24 Sep '24 47
August '24 Aug '24 38
July '24 Jul '24 34
June '24 Jun '24 27
May '24 May '24 38
April '24 Apr '24 56
March '24 Mar '24 31

Number of HELOC Loans i

(Feb 2025)

+10%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 33
January '25 Jan '25 24
December '24 Dec '24 36
November '24 Nov '24 32
October '24 Oct '24 33
September '24 Sep '24 34
August '24 Aug '24 35
July '24 Jul '24 44
June '24 Jun '24 43
May '24 May '24 39
April '24 Apr '24 34
March '24 Mar '24 34

Federal Way, WA Real Estate Market Overview

Last 30 days

Zip

Median Est. Value
Zip

Median Est. Value

98003

$590,500 $292.79/sqft
98023

$617,591 $298.31/sqft

Federal Way, WA Foreclosure Activity

There were a total of 3 Federal Way, WA properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 2 Federal Way, WA properties and repossessed 1 Federal Way, WA properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

-25%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years