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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 $731,957.
In Federal Way, WA, how many homes are available?
There are currently 111 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 $140,966,976.
What is currently the cheapest priced home in Federal Way, WA?
The cheapest home for sale in Federal Way is priced at $20,768.

Living in Federal Way, WA

Federal Way is a vibrant city located between Seattle and Tacoma, Washington, offering a suburban feel with easy access to urban amenities. With numerous parks, recreational facilities, and a range of dining and shopping options, it caters well to families and professionals. The area also boasts a good educational infrastructure, making it an ideal place for families.

Current Market Conditions in Federal Way, WA

The Federal Way real estate market has been experiencing steady growth over the last few years, driven by its convenient location and affordability relative to nearby Seattle and Tacoma. Recent trends indicate an increase in both median home prices and a competitive market, making it a favorable time for sellers.

As the demand for housing increases, Federal Way has seen a rise in new construction projects. The area's diverse housing options, from condos to single-family homes, allow potential buyers to find properties that fit their budget and needs.

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 $608,550.00. 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 $731,957.00, with the most expensive house in Federal Way, WA, topping out at $140,966,976.00 and the cheapest home in Federal Way, WA, clocking in at $20,768.00. 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: 111

Market Values:

Home Prices from $20,768 to $140,966,976

Average Sales Price: $731,957

Rental Values:

Rental from $870 to $5,040

Average Rent Value: $1,780 / month

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