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City / Town Overview

Federal Way, WA

Aggregate real estate market report across all ZIPs in scope
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
156
⇩ 7.1% vs 168 last year
Pending
66
42% pending ratio
Median Price
$615,128
⇧ 18.4% vs $519,351 last year
Average Price
$679,679
⇧ 14.5% vs $593,744 last year
Days on Market
54.4
⇩ 22.3% vs 70 days last year

Market Analysis

Data as of January 2026. Source: Realtor.com.

The Federal Way, WA real estate market currently shows 156 active listings, with 66 pending sales. Homes are averaging 54.4 days on the market before going under contract.

Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 54.4 days on market compared to 70 days last year.

The median listing price has risen 18.4% year-over-year, from $519,351 to $615,128.

Whether you are buying or selling in Federal Way, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Included Areas

Federal Way: 98003, 98023, 98063, 98093

Market Context

ZIP coverage: 4  ·  Population: 102,107  ·  Median household income: $82,720

Typical home value: $437,103  ·  Homeownership rate: 56.4%

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings