Active Listings
97
⇧ 3.2% vs 94 last year
Adelaide · Alderbrook · Buenna · Campus Highlands (Campus Highlands Homeowners Association) · Dash Point · Lakota · Madrona (Madrona Meadows) · Mirror Lake · Redondo · Twin Lakes · West Campus
Data as of March 2026. Source: Realtor.com.
The FEDERAL WAY, WA real estate market (98023) currently shows 97 active listings, with 43 pending sales. Homes are averaging 31 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 31 days on market compared to 35 days last year.
The median listing price has risen 16.6% year-over-year, from $599,725 to $699,000.
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.
Population: 50,778 · Density: 1,910.0/mi² · Median household income: $98,057
Typical home value: $479,029 · Homeownership: 65.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98023 | Federal Way, WA 98023 | 0.0 mi | 94 | $73,575,304 | $724,950 | $782,716 |
| 98003 | Federal Way, WA 98003 | 2.2 mi | 90 | $51,190,830 | $538,750 | $568,787 |
| 98001 | Auburn, WA 98001 | 4.6 mi | 49 | $37,331,042 | $755,988 | $761,858 |
| 98403 | Tacoma, WA 98403 | 5.4 mi | 22 | $17,089,006 | $668,725 | $776,773 |
| 98047 | Pacific, WA 98047 | 6.3 mi | 2 | $826,000 | $413,000 | $413,000 |
| 98405 | Tacoma, WA 98405 | 6.8 mi | 63 | $30,879,135 | $470,500 | $490,145 |
| 98418 | Tacoma, WA 98418 | 7.1 mi | 26 | $10,553,478 | $397,688 | $405,903 |
| 98443 | Tacoma, WA 98443 | 7.2 mi | 13 | $11,970,608 | $850,000 | $920,816 |
| 98032 | Kent, WA 98032 | 7.5 mi | 61 | $36,406,508 | $556,225 | $596,828 |
| 98371 | Puyallup, WA 98371 | 7.8 mi | 80 | $56,146,800 | $687,500 | $701,835 |
| 98408 | Tacoma, WA 98408 | 8.6 mi | 59 | $28,159,402 | $449,475 | $477,278 |
| 98409 | Tacoma, WA 98409 | 8.8 mi | 54 | $28,365,390 | $399,962 | $525,285 |
| 98465 | Tacoma, WA 98465 | 8.9 mi | 10 | $6,281,470 | $404,975 | $628,147 |
As of March 2026, there are 97 active listings in FEDERAL WAY, WA (zip code 98023), compared to 94 the prior year.
The median listing price in FEDERAL WAY, WA 98023 is $699,000 as of March 2026, a 16.6% increase from $599,725 the prior year.
Homes in FEDERAL WAY, WA 98023 spend an average of 31 days on the market before going under contract, compared to 35 days the prior year.
Based on current inventory and days-on-market data as of March 2026, FEDERAL WAY, WA 98023 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 35 days last year.
With SELL123.com's maximum 3% commission, sellers in FEDERAL WAY, WA 98023 save an estimated $13,980 compared to a typical 5% commission on the median listing price of $699,000. 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.