The Federal Way housing market is very competitive. Over the three months, homes in Federal Way receive 2 offers on average and sell in around 21 days. The median sale price of a home in Federal Way was $615K over the last 3 months, up 6.0% since the same period last year. The median sale price per square foot in Federal Way is $314, down 4.1% since last year.
What is the housing market like in Federal Way today?
Over the three months ending August 2026, Federal Way home prices were up 6.0% compared to the same period last year, selling for a median price of $615K. On average, homes in Federal Way sell after 21 days on the market compared to 13 days last year. There were 220 homes sold in August this year, down from 227 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$614,593
+6.0% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
Federal Way, WA
$614,593
+6.0%
United States
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How hot is the Federal Way housing market?
Federal Way is very competitive. Homes sell in 22 days.
0
100
79
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 about 1% below list price and go pending in around 22 days.
Hot homes
can sell for around list price and go pending in around 7 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|
8 Weeks Ago
~$500K Offer
Sold for $550K
3bd | 1.75ba | ~1,500sqft
Over List Price
0%
Days on Market
9
Competing Offers
—
Down Payment
<10%
Ryan Allie
Federal Way Redfin Agent
Seller was waiting for Friday 7/24 to review offers and my buyer could not wait.
Offer Not Accepted|
9 Weeks Ago
~$550K Offer
Sold for $550K
3bd | 1.75ba | ~1,250sqft
Over List Price
2%
Days on Market
4
Competing Offers
1
Down Payment
<10%
Stephanie Harpole
Federal Way Redfin Agent
Offer Not Accepted|
10 Weeks Ago
~$500K Offer
Sold for $500K
3bd | 1.5ba | ~1,500sqft
Over List Price
0%
Days on Market
12
Competing Offers
0
Down Payment
<10%
Ryan Allie
Federal Way Redfin Agent
View houses in Federal Way that sold recently
Recently sold homes
SOLD SEP 17, 2026
$370,000 Last Sold Price
2 beds
2.5 baths
1,248 sq ft
2220 S 336th St #404, Federal Way, WA 98003
Aaron LeFebvre • Keller Williams Realty PS Coldwell Banker Park Shore RE
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
1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Federal Way has a minor risk of flooding. 233 properties in Federal Way are likely to be
severely affected
by flooding over the next 30 years. This represents 1% of all properties in Federal Way. Flood risk is increasing slower than the national average.
<1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Federal Way has a moderate risk of wildfire. There are 1 properties in Federal Way that have some risk of being affected by wildfire over the next 30 years. This represents <1% 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.