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Foreclosure Homes in Federal Way, WA

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Federal Way, WA Foreclosures

How much do homes sell for in Federal Way, WA?
The average home price is currently $735,103.
In Federal Way, WA, how many homes are available?
There are currently 112 active home listings available in Federal Way.
What’s the average rental cost in Federal Way, WA?
The average rental price in Federal Way is $1,780.
What is the most expensive home in Federal Way?
The most expensive home sold in Federal Way had a price of $140,841,384.
What is currently the cheapest priced home in Federal Way, WA?
The cheapest home for sale in Federal Way is priced at $20,718.

Living in Federal Way, WA

Federal Way, WA is a thriving suburban city known for its excellent schools, abundant recreational options, and a family-friendly atmosphere. With its scenic parks, variety of shopping experiences, and strong community values, it is an attractive choice for potential investors. The city's growth and development continue to make it a desirable location for those looking to buy or rent properties.

Current Market Conditions in Federal Way, WA

The current real estate market in Federal Way is experiencing steady growth, with increased demand for housing due to its appealing lifestyle and proximity to larger urban centers. Investors can find opportunities in both the rental and purchase markets, as families continue to move into the area.

Home prices in Federal Way have seen a moderate uptick over the past year, attributed to low inventory and high buyer interest. This trend is expected to continue, making it a promising location for real estate investments.

Home Value Estimator For Federal Way, WA

There are currently 25,677 real estate properties in Federal Way, WA, with a median automated valuation model (AVM) price of $611,222.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Federal Way, WA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Federal Way, WA, is $735,103.00, with the most expensive house in Federal Way, WA, topping out at $140,841,384.00 and the cheapest home in Federal Way, WA, clocking in at $20,718.00. In other words, there’s something for every potential homebuyer or savvy investor in Federal Way, WA!

Rent Prices In Federal Way, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Federal Way, WA, is on a rollercoaster ride. The average rent price in Federal Way, WA, is $1,780.00. Indeed, when looking to rent in Federal Way, WA, you can expect to pay as little as $870.00 or as much as $5,040.00, with the average rent median estimated to be $1,750.00. The good news is that finding an affordable and desirable property to rent in Federal Way, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Federal Way, WA Foreclosures

Market Trend for Federal Way, WA

Total Listings Available: 112

Market Values:

Home Prices from $20,718 to $140,841,384

Average Sales Price: $735,103

Rental Values:

Rental from $870 to $5,040

Average Rent Value: $1,780 / month

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