to
Reset
Price
to
SQFT
to
Lot
to
Sold
Beds
Baths
Yr Built
to
Listed within...
Older than...
New Construction
Waterfront
Short-Sales
REO
Types
Listings
Neighborhoods
Cities
Complexes
Developments
Home Builders
Scope
City
Project
Builder
Advanced
Boundaries
Labels

February 8, 2023 — Federal Way real estate market at a glance:

  • 47 houses, 16 condos and 19 parcels are for sale in Federal Way today.
  • $658,000 is the median asking price for a single family home for sale.
  • 2,160 SQFT is the median size of a single family home for sale.
  • $305/SQFT is the median asking price per square foot for a single family home for sale.
  • 7 new homes in Federal Way are for sale today.
  • There are 0.83 months of residential housing supply. This indicates a severe seller's market with upward pressure on pricing.
    Calculation: 63 houses and condos for sale divided by 75.5 sales per month which is the trailing six month average.

Homes for Sale in Federal Way, WA

All (47)
OPEN Thu 12pm-2pm
For Sale Listed Today!
$599,000 3 Beds 2.25 Baths 2,320 SQFT
This beautiful home is situated on the 5th hole of the Twin Lakes Golf Course. With i...  Details »
NWMLS #2023258. W Keoki McCarthy, Corcoran Lifestyle Properties
For Sale 3 Days Online
$695,000 3 Beds 2.5 Baths 1,840 SQFT
Enjoy the serenity of Lake Jean, one of the private lakes in Twin Lakes from your mul...  Details »
NWMLS #2031767. Karen Buckley, COMPASS
For Sale 4 Days Online
$2,099,000 4 Beds 2.25 Baths 3,120 SQFT
Vacation mood, infinity views & luxury finishes for this fully restored home. Set wit...  Details »
NWMLS #2032345. Veronique Hval, Windermere Real Estate Co.
Maplewood
For Sale Listed Today!
$189,950 1 Bed 1 Baths 579 SQFT
This unit is neat, clean and move-in ready. Fresh paint, new laminate flooring throug...  Details »
NWMLS #2033823. Thomas Ku, Ku Realty & Associates
West Green
For Sale Listed Today!
$200,000 1 Bed 1 Baths 588 SQFT
Experience cozy living in this 1 bedroom, 1 bathroom condo (unit H5) at West Green in...  Details »
NWMLS #2033831. Nicole Ji, COMPASS
Campus Green Ii
For Sale Listed Yesterday
$284,999 2 Beds 1 Baths 805 SQFT
Newly updated 2 bed 1 bath condo in a heart of Federal Way! Primary bedroom includes...  Details »
NWMLS #2033708. Dmitriy Zakharin, eXp Realty
JK Monarch
For Sale 11 Days Online
$1,234,950 4 Beds 2.75 Baths 3,219 SQFT
This beautiful enclave community in Federal Way is truly one of a kind. South Campus...  Details »
NWMLS #2031180. Danny Altizer, Mosaic Realty
Acadia Builder's Group
For Sale 23 Days Online
$1,249,000 4 Beds 2.5 Baths 3,138 SQFT
Perfect opportunity to own a luxury home that is walking distance to Steel Lake. This...  Details »
NWMLS #2027942. Maninder Singh Khatkar, Agencyone Realty South
JK Monarch
For Sale 97 Days Online
$1,199,950 5 Beds 3 Baths 3,267 SQFT
This is the finest enclave of homes to come to Federal Way in decades. Just 10 homes...  Details »
NWMLS #2013262. Danny Altizer, Mosaic Realty
Today's Market at a Glance
February 8, 2023
Active
47 Houses 16 Condos 19 Parcels
For Sale Stats
$658,000
2,160 sqft
$305/sqft
Median values from the 47 single family homes for sale in Federal Way WA.
Closing Stats
$582,500
2,000 sqft
$291/sqft
Median values for the 362 single family Federal Way homes closed in the last 6 months.
Plus
7
New Homes
11% of the residential market
0.83
Months of Supply
This indicates a severe seller's market with upward pressure on pricing.
  • Homes closed January 2023: 47 37% from January 2022 (75).
  • $582,500 was the median sale price of single family houses closed in the last 6 months.
  • 2,000 SQFT was the median size of single family houses closed in the last 6 months.
  • $291/SQFT was the median price per square foot for single family homes closed in the last 6 months.
    Closed house price and size is computed by median 362 single family Federal Way homes closed in the last six months.
  • 52 residential closings have occurred in the last thirty days.
    Houses (44) · Condos (8)

Federal Way, WA Real Estate Agent

Have specific questions and want help from an friendly area expect? Contact Shane today!

RE/MAX Northwest Realtors

I'm interested in seeing and potentially buying in Federal Way, now what?

It's time to talk to a real estate agent about the properties you're most interested in. We recommend you contact Shane Blondin, the Landcast team member covering Federal Way, WA.

Are there more homes for sale in Federal Way than shown on this page?

All MLS listed homes for sale in Federal Way, WA are on Wicklund Real Estate.

We sometimes know of off-market homes or new homes being built by home builders that aren't currently listed, to help find these unlisted homes for sale in Federal Way, we recommend you contact Shane Blondin.

Where does Wicklund Real Estate get information about Federal Way?

Information about the listed homes for sale in Federal Way generally comes from the MLS. Information about neighborhoods in Federal Way, condos in Federal Way, and new homes in Federal Way, comes from the MLS, our research staff, public data, area home builders and from contributions from our users.