Federal Way, WA Real Estate Market Summary – September 8, 2026
In Federal Way, WA, the real estate market saw a total of 92 homes sold in the last month. Properties averaged about 16.9 days on the market before transitioning to new owners, demonstrating a consistent pace of approximately 3.07 properties per day.
| Metric | 30 Days |
|---|---|
| Number Sold | 92 |
| Sold Per Day | 3.07 |
| Average SQFT | 1856 |
| Median Sales Price | $575,500 |
| Average Sales Price | $586,931 |
| Average Price Per SQFT | $328 |
| Average Days on Market | 17 |
| Average Year Built | 1980 |
Federal Way, WA Single Family Home Analysis
Within the single-family home segment, 70 properties were sold, with an average living area of 2,100 square feet. These homes typically spent about 17 days on the market, and the average sale price reached approximately $676,504.
| Metric | 30 Days |
|---|---|
| Number Sold | 70 |
| Sold Per Day | 2.33 |
| Average SQFT | 2100 |
| Median Sales Price | $606,500 |
| Average Sales Price | $676,504 |
| Average Price Per SQFT | $342 |
| Average Days on Market | 17 |
| Average Year Built | 1979 |
Federal Way, WA Condo & Townhome Analysis
In the condo and townhome market, 20 units were sold, averaging 1,000 square feet in size. On average, these properties remained on the market for around 17 days, with an average sale price of about $273,126.
| Metric | 30 Days |
|---|---|
| Number Sold | 20 |
| Sold Per Day | 1 every 1.50 days |
| Average SQFT | 1000 |
| Median Sales Price | $289,000 |
| Average Sales Price | $273,126 |
| Average Price Per SQFT | $282 |
| Average Days on Market | 17 |
| Average Year Built | 1985 |
Buyer & Seller Analysis
- 3.07 properties sold per day on average
- Average days on market was 16.9
- Average sale price for single-family homes was $676,504
- Average sale price for condo and townhome units was $273,126
Conclusion
Overall, the real estate market in Federal Way, WA remains active with a steady number of transactions and a relatively quick pace of property turnover.