Population: 51,329 · Density: 1,723.2/mi² · Median household income: $67,547
Typical home value: $395,628 · Homeownership: 47.4%
Data as of January 2026. Source: Realtor.com.
The FEDERAL WAY, WA real estate market (98003) currently shows 82 active listings, with 38 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.
Homes are selling faster, averaging 52 days on market compared to 59 days last year.
The median listing price has risen 18% year-over-year, from $444,738 to $525,000.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98003 | Federal Way, WA 98003 | 0.0 mi | 82 | $45,283,598 | $525,000 | $552,239 |
| 98001 | Auburn, WA 98001 | 2.4 mi | 50 | $36,909,350 | $756,450 | $738,187 |
| 98354 | Milton, WA 98354 | 3.8 mi | 20 | $15,314,860 | $754,975 | $765,743 |
| 98002 | Auburn, WA 98002 | 4.6 mi | 53 | $25,300,716 | $467,475 | $477,372 |
| 98198 | Seattle, WA 98198 | 6.1 mi | 59 | $30,889,214 | $492,000 | $523,546 |
| 98030 | Kent, WA 98030 | 7.0 mi | 58 | $35,416,424 | $660,000 | $610,628 |
| 98372 | Puyallup, WA 98372 | 7.2 mi | 39 | $26,602,173 | $675,000 | $682,107 |
| 98371 | Puyallup, WA 98371 | 7.4 mi | 80 | $56,422,240 | $689,450 | $705,278 |
| 98390 | Sumner, WA 98390 | 7.6 mi | 17 | $11,598,794 | $550,000 | $682,282 |
| 98418 | Tacoma, WA 98418 | 8.4 mi | 27 | $11,129,535 | $409,995 | $412,205 |
| 98092 | Auburn, WA 98092 | 8.7 mi | 98 | $85,885,632 | $754,975 | $876,384 |
| 98407 | Tacoma, WA 98407 | 9.3 mi | 55 | $46,674,760 | $689,950 | $848,632 |
| 98148 | Seattle, WA 98148 | 9.6 mi | 15 | $9,379,755 | $629,000 | $625,317 |
As of January 2026, there are 82 active listings in FEDERAL WAY, WA (zip code 98003), compared to 76 the prior year.
The median listing price in FEDERAL WAY, WA 98003 is $525,000 as of January 2026, a 18% increase from $444,738 the prior year.
Homes in FEDERAL WAY, WA 98003 spend an average of 52 days on the market before going under contract, compared to 59 days the prior year.
Based on current inventory and days-on-market data as of January 2026, FEDERAL WAY, WA 98003 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 52 days on market compared to 59 days last year.
With SELL123.com's maximum 3% commission, sellers in FEDERAL WAY, WA 98003 save an estimated $10,500 compared to a typical 5% commission on the median listing price of $525,000. 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.