All Home Types
Federal Way, WA Housing Market
What is the housing market like in Federal Way today?
In October 2024, Federal Way home prices were up 2.5% compared to last year, selling for a median price of $610K. On average, homes in Federal Way sell after 24 days on the market compared to 12 days last year. There were 68 homes sold in October this year, up from 56 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$609,995
+2.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Federal Way, WA
$609,995
+2.5%
United States
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Federal Way Migration & Relocation Trends
In Aug '24 - Oct '24, 20% of Federal Way homebuyers searched to move out of Federal Way, while 80% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Federal Way from outside metros.
- San Francisco homebuyers searched to move into Federal Way more than any other metro followed by Los Angeles and Washington.
Where are people moving to Federal Way from?
- 80% of Federal Way homebuyers searched to stay within the Federal Way metropolitan area.
- Portland was the most popular destination among Federal Way homebuyers followed by Bellingham and Phoenix.
Where are people from Federal Way moving to?
Number of People Moving to Federal Way
least
most
People are moving to Federal Way from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 1,713 | ||
| 2 | 478 | ||
| 3 | 221 | ||
| 4 | 139 | ||
| 5 | 125 | ||
| 6 | 62 | ||
| 7 | 27 | ||
| 8 | 18 | ||
| 9 | 12 | ||
| 10 | 5 | ||
People are leaving Federal Way for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Aug '24 - Oct '24 | ||
| 1 | 3,229 | ||
| 2 | 3,193 | ||
| 3 | 2,810 | ||
| 4 | 2,527 | ||
| 5 | 2,349 | ||
| 6 | 1,998 | ||
| 7 | 1,079 | ||
| 8 | 957 | ||
| 9 | 739 | ||
| 10 | 696 | ||
Methodology
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.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Federal Way.
Provided by First Street Foundation
Transportation in Federal Way
Learn about the walkability, bikeability, and transit-friendliness of Federal Way
Car-Dependent
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Some Transit
Transit Score®
Somewhat Bikeable
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