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 July 2026. Source: Realtor.com.
The FEDERAL WAY, WA real estate market (98003) currently shows 133 active listings, with 35 pending sales. Homes are averaging 51 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 51 days on market compared to 44 days last year.
The median listing price has risen 0.5% year-over-year, from $527,210 to $529,850.
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 July 2026, there are 133 active listings in FEDERAL WAY, WA (zip code 98003), compared to 134 the prior year.
The median listing price in FEDERAL WAY, WA 98003 is $529,850 as of July 2026, a 0.5% increase from $527,210 the prior year.
Homes in FEDERAL WAY, WA 98003 spend an average of 51 days on the market before going under contract, compared to 44 days the prior year.
Based on current inventory and days-on-market data as of July 2026, FEDERAL WAY, WA 98003 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 51 days on market compared to 44 days last year.
With SELL123.com's maximum 3% commission, sellers in FEDERAL WAY, WA 98003 save an estimated $10,597 compared to a typical 5% commission on the median listing price of $529,850. 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.