Federal Way Real Estate & Homes for Sale in King County, Washington


Click to Preview Listings
Real Estate Info
Find Homes for Sale
Sold Properties
Demographics & Schools
Local Businesses
Area Map
Federal Way Area Information
Buying and Selling
Buying Assistance
Selling a Home
New Listing Notification
Foreclosure Properties

Homes for Sale in Federal Way

Federal Way Real Estate & Homes for Sale in Washington

The community of Federal Way is a great place to call home. Located in Puget Sound about 20 miles from the Seattle metropolitan region, residents have easy access to the big city conveniences and opportunities that Seattle has to offer while enjoying the lifestyle of a smaller waterfront community.

Federal Way is a giant playground for families and outdoor adventurers. During the summer months, Puget Sound provides opportunities for sailing, fishing, water-skiing and other water sports and activities. Families can beach comb along Dash Point State Park Beach, take a stroll along West Hylebos Wetlands State Park's boardwalk trail, or explore the flora in the Rhododendron Botanical Garden. Children will enjoy Wild Waves and Enchanted Village, the region's premier water and amusement park. When winter comes around, Crystal Mountain is the place for skiing and snowboarding.

Federal Way has an excellent education system that is often recognized for its leadership in public education and innovative programs. In addition, many excellent colleges and universities can be found within a 30 mile radius of Federal Way including the University of Washington, Seattle University, Pacific Lutheran University and the University of Puget Sound. Students can also choose from a number of community colleges.

Residents can expect typical Pacific Northwest weather with reasonably mild winters and warm summers. Average winter temperatures are in the 40s and summer heats up to the upper 60s to low 70s. Federal Way real estate options consist of single-family homes, condominiums and townhouses available in a wide range of prices.

| Federal Way Area Information |

Price Range of Federal Way Houses

The majority of Federal Way's real estate options consist of single-family homes in gated and planned communities, suburban neighborhoods and subdivisions, all within a short distance to the Emerald City. Other lifestyle options feature homes in retirement communities and near some of Seattle's golf courses and tennis courts.

Prices for homes in Federal Way generally start at $125,000 while the majority of homes hover around the $300,000 mark. Homes with waterfront views can cost up to $500,000, with large luxury homes and estate properties commanding prices of $3 million or more. Condominiums and townhouses in Federal Way can be found from under $50,000 to about $170,000. A limited amount of land and lots are available for custom building homes and investment properties. Small plots are priced well below $100,000. Prices increase with the size and proximity to Puget Sound. Larger pieces of land with spectacular water views can cost more than $1 million.

Federal Way Real Estate Stats and Trends for the week of April 20th, 2020: homes priced around $498,798 compared to $487,231 the previous week, showing a increase of more than +2%.  For Monday, April 20th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.