Market Intelligence · WA / King County

Federal Way, WA housing market

2 ZIP markets liveData updated August 2026Typical value$580K1-yr changeDown0.3%

The median home value in Federal Way, WA is $580K as of August 2026, down 0.3% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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The coverage

Federal Way, by the numbers.

Typical home valueZillow ZHVI, August 2026
$580K
1-yr changeMedian across Federal Way ZIPs
-0.3%
ZIP markets live4 tracked in Federal Way
2
County
King County

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12-month value trend

-0.3% over 12 months

Typical home value in Federal Way over the last 12 months: $582K in Aug 2025 to $580K in Aug 2026 (-0.3%).

Aug 2025$582K

Aug 2026$580K

Median Zillow home value index across Federal Way's ZIP codes.

Context

The typical Federal Way home carries a Zillow value of $580,336 as of August 2026, a 12-month move of -0.3%. Turning to what is for sale, Realtor.com counts 253 homes on the market, 120 newly listed, and a median asking price of $589,000 as of August 2026. Listings sit a median 42 days before selling, with 23.2% of active homes cutting their price. Taken together, the numbers describe a cooling market where pricing discipline is deciding which homes sell.

The numbers

What is the housing market like in Federal Way, WA?

Typical home value

$580K

Down0.3%YoY

Median list price

$589K

Days on market

42

Homes for sale

253

Price cuts

23.2%

New listings

120

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026)

Figures reflect Federal Way's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

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Live markets

What ZIP codes are live in Federal Way?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of August 2026. 1-yr change compares it to the same ZIP a year earlier. We track 4 Federal Way ZIP codes in total; the remaining 2 publish as their data clears editorial QA.

Zillow ZHVI, August 2026

Local pros

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Top real estate agents in Federal Way, WA

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Nearby markets

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