Buenna · Enchanted Village · Jovita (West Hill) · Kitts Corner · Kloshe Illahee · Lake Dolloff · Laurelwood · Marine Hills (Marine View) · Mirror Lake · Redondo · Redondo (Redondo Hills) · Steel Lake · West Campus · Woodmont (Woodmount) · Woodmont East (Woodmont E) · Woodmont West (Woodmont W)
Data as of March 2026. Source: Realtor.com.
The FEDERAL WAY, WA real estate market (98003) currently shows 97 active listings, with 41 pending sales. Homes are averaging 33 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are selling faster, averaging 33 days on market compared to 47 days last year.
The median listing price has fallen 7.6% year-over-year, from $545,000 to $503,749.
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.
Population: 51,329 · Density: 1,723.2/mi² · Median household income: $67,547
Typical home value: $395,628 · Homeownership: 47.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98003 | Federal Way, WA 98003 | 0.0 mi | 90 | $51,190,830 | $538,750 | $568,787 |
| 98001 | Auburn, WA 98001 | 2.4 mi | 49 | $37,331,042 | $755,988 | $761,858 |
| 98354 | Milton, WA 98354 | 3.8 mi | 20 | $13,989,320 | $642,500 | $699,466 |
| 98002 | Auburn, WA 98002 | 4.6 mi | 56 | $27,021,512 | $472,500 | $482,527 |
| 98198 | Seattle, WA 98198 | 6.1 mi | 67 | $44,034,812 | $548,500 | $657,236 |
| 98030 | Kent, WA 98030 | 7.0 mi | 69 | $42,235,107 | $649,938 | $612,103 |
| 98372 | Puyallup, WA 98372 | 7.2 mi | 44 | $32,074,592 | $703,611 | $728,968 |
| 98371 | Puyallup, WA 98371 | 7.4 mi | 80 | $56,146,800 | $687,500 | $701,835 |
| 98390 | Sumner, WA 98390 | 7.6 mi | 15 | $10,698,285 | $549,999 | $713,219 |
| 98418 | Tacoma, WA 98418 | 8.4 mi | 26 | $10,553,478 | $397,688 | $405,903 |
| 98092 | Auburn, WA 98092 | 8.7 mi | 110 | $99,125,180 | $780,000 | $901,138 |
| 98407 | Tacoma, WA 98407 | 9.3 mi | 59 | $48,959,026 | $695,425 | $829,814 |
| 98148 | Seattle, WA 98148 | 9.6 mi | 11 | $5,739,437 | $587,488 | $521,767 |
As of March 2026, there are 97 active listings in FEDERAL WAY, WA (zip code 98003), compared to 84 the prior year.
The median listing price in FEDERAL WAY, WA 98003 is $503,749 as of March 2026, a 7.6% decrease from $545,000 the prior year.
Homes in FEDERAL WAY, WA 98003 spend an average of 33 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of March 2026, FEDERAL WAY, WA 98003 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 33 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in FEDERAL WAY, WA 98003 save an estimated $10,075 compared to a typical 5% commission on the median listing price of $503,749. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.