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Data as of September 2026. Source: Realtor.com.
The FEDERAL WAY, WA real estate market (98003) currently shows 157 active listings, with 37 pending sales. Homes are averaging 44 days on the market before going under contract.
Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice.
Homes are selling faster, averaging 44 days on market compared to 56 days last year.
The median listing price has risen 1.9% year-over-year, from $488,463 to $497,500.
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 September 2026, there are 157 active listings in FEDERAL WAY, WA (zip code 98003), compared to 116 the prior year.
The median listing price in FEDERAL WAY, WA 98003 is $497,500 as of September 2026, a 1.9% increase from $488,463 the prior year.
Homes in FEDERAL WAY, WA 98003 spend an average of 44 days on the market before going under contract, compared to 56 days the prior year.
Based on current inventory and days-on-market data as of September 2026, FEDERAL WAY, WA 98003 is currently a Balanced Market. Inventory has increased compared to last year, with 41 more homes available — giving buyers more choice. Homes are selling faster, averaging 44 days on market compared to 56 days last year.
With SELL123.com's maximum 3% commission, sellers in FEDERAL WAY, WA 98003 save an estimated $9,950 compared to a typical 5% commission on the median listing price of $497,500. 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.