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Rent To Own 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 49 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, WA, is a dynamic city nestled between Seattle and Tacoma. Known for its beautiful parks, excellent school system, and wide array of shopping and dining options, it is an ideal place for families and professionals alike. Enjoy outdoor adventures and a strong sense of community in this welcoming city.

Current Market Conditions in Federal Way, WA

The Federal Way real estate market is currently experiencing a slight increase in home prices driven by a growing demand for housing in the area. With more people seeking suburban living close to major urban centers, the competition for homes has contributed to rising prices, especially for single-family homes.

In recent years, new developments and an influx of residents have made Federal Way a sought-after location for home buyers. This trend is expected to continue as more people discover the community's amenities, making it an attractive investment for real estate.

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 Rent To Own Homes

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