Federal Way, WA Real Estate Prices per Square Foot
Buy prices, rent prices, historical development and submitted values for Federal Way, WA.
Average buy price
$317.00 / sqft
Typical residential purchase price per square foot.
Average rent
$2.09 / sqft / month
Monthly rent per square foot.
Median home price
$624,626
Estimated median residential sale price.
Median monthly rent
$1,900
Estimated median rent for the city.
Historical price development
Buy price development
Buy prices have increased by about 5.3% over the last 5 years.
Rent price development
Rent prices have increased by about 37.4% over the last 5 years.
Submitted values in Federal Way
This table includes recent submitted values and individual historical comparable values, so the local price development is easier to compare.
| Date | Type | Property | Price / sqft | Size | Total | Area |
|---|---|---|---|---|---|---|
| 2026-07-04 | Rent | townhouse | $1.95 / sqft | 1,435 sqft | $2,800 | Lakota 98003 |
| 2026-06-30 | Rent | duplex | $1.89 / sqft | 1,125 sqft | $2,125 | Lakota 98023 |
| 2026-06-29 | Rent | luxury apartment | $2.64 / sqft | 1,080 sqft | $2,850 | Twin Lakes 98023 |
| 2026-06-29 | Buy | single-family home | $209.00 / sqft | 3,592 sqft | $750,728 | Lakeland South 98001 |
| 2026-06-24 | Buy | luxury apartment | $366.00 / sqft | 980 sqft | $358,680 | Redondo 98003 |
| 2026-06-24 | Buy | condo | $296.00 / sqft | 1,241 sqft | $367,336 | Panther Lake 98003 |
| 2026-06-23 | Buy | condo | $339.00 / sqft | 615 sqft | $208,485 | City Center 98003 |
| 2026-06-22 | Buy | single-family home | $334.00 / sqft | 1,570 sqft | $524,380 | Mirror Lake 98003 |
| 2026-06-21 | Buy | single-family home | $281.00 / sqft | 2,490 sqft | $699,690 | Lakeland South 98001 |
| 2026-06-19 | Rent | single-family home | $1.72 / sqft | 1,975 sqft | $3,395 | Mirror Lake 98003 |
| 2026-06-17 | Buy | single-family home | $297.00 / sqft | 2,188 sqft | $649,836 | Steel Lake 98003 |
| 2026-06-17 | Rent | luxury apartment | $3.18 / sqft | 575 sqft | $1,830 | Steel Lake 98003 |
| 2026-06-16 | Buy | single-family home | $365.00 / sqft | 1,644 sqft | $600,060 | Redondo 98003 |
| 2026-06-16 | Rent | apartment | $2.34 / sqft | 690 sqft | $1,615 | Redondo 98003 |
| 2026-06-15 | Rent | apartment | $1.81 / sqft | 995 sqft | $1,800 | City Center 98003 |
| 2026-06-13 | Rent | condo | $2.10 / sqft | 1,025 sqft | $2,150 | Panther Lake 98003 |
| 2026-06-12 | Buy | single-family home | $274.00 / sqft | 2,625 sqft | $719,250 | West Campus 98023 |
| 2026-06-12 | Rent | single-family home | $1.55 / sqft | 2,360 sqft | $3,650 | Dash Point 98023 |
| 2026-06-10 | Rent | single-family home | $1.68 / sqft | 2,215 sqft | $3,720 | Adelaide 98003 |
| 2026-06-10 | Rent | multi-family home | $1.48 / sqft | 2,240 sqft | $3,315 | Steel Lake 98003 |
| 2026-06-10 | Buy | multi-family home | $252.00 / sqft | 3,100 sqft | $781,200 | Steel Lake 98003 |
| 2026-06-01 | Buy | duplex | $286.00 / sqft | 2,360 sqft | $674,960 | City Center 98003 |
| 2026-05-30 | Buy | single-family home | $318.00 / sqft | 1,790 sqft | $569,220 | Steel Lake 98003 |
| 2026-05-29 | Buy | single-family home | $244.00 / sqft | 2,875 sqft | $701,500 | Lakeland South 98001 |
| 2026-05-29 | Rent | loft | $2.74 / sqft | 640 sqft | $1,755 | City Center 98003 |
| 2026-05-26 | Rent | luxury apartment | $2.45 / sqft | 1,210 sqft | $2,965 | Twin Lakes 98023 |
| 2026-05-22 | Rent | single-family home | $1.63 / sqft | 2,080 sqft | $3,390 | Adelaide 98003 |
| 2026-05-21 | Rent | duplex | $1.74 / sqft | 1,280 sqft | $2,225 | Mirror Lake 98003 |
| 2026-05-15 | Rent | condo | $2.23 / sqft | 965 sqft | $2,150 | West Campus 98023 |
| 2026-05-10 | Rent | townhouse | $1.77 / sqft | 1,650 sqft | $2,925 | Lakeland South 98001 |
| 2026-05-06 | Buy | townhouse | $386.00 / sqft | 1,360 sqft | $524,960 | West Campus 98023 |
| 2026-05-05 | Rent | apartment | $2.01 / sqft | 946 sqft | $1,900 | Steel Lake 98003 |
| 2026-05-04 | Rent | apartment | $2.79 / sqft | 470 sqft | $1,310 | City Center 98003 |
| 2026-05-03 | Rent | apartment | $2.37 / sqft | 825 sqft | $1,955 | Redondo 98003 |
| 2026-05-03 | Buy | townhouse | $330.00 / sqft | 1,685 sqft | $556,050 | Lakota 98003 |
| 2026-05-02 | Buy | single-family home | $401.00 / sqft | 1,215 sqft | $487,215 | Lakota 98023 |
| 2026-04-30 | Buy | single-family home | $306.00 / sqft | 2,055 sqft | $628,830 | Twin Lakes 98023 |
| 2026-04-27 | Rent | condo | $2.31 / sqft | 930 sqft | $2,150 | Twin Lakes 98023 |
| 2026-04-26 | Rent | apartment | $2.08 / sqft | 1,185 sqft | $2,465 | West Campus 98023 |
| 2026-04-26 | Buy | condo | $287.00 / sqft | 1,290 sqft | $370,230 | Panther Lake 98003 |
| 2026-04-26 | Buy | single-family home | $392.00 / sqft | 1,310 sqft | $513,520 | Adelaide 98003 |
| 2026-04-26 | Rent | apartment | $2.49 / sqft | 760 sqft | $1,890 | West Campus 98023 |
| 2026-04-21 | Rent | townhouse | $1.82 / sqft | 1,580 sqft | $2,875 | Twin Lakes 98023 |
| 2026-04-20 | Rent | apartment | $2.58 / sqft | 540 sqft | $1,395 | Panther Lake 98003 |
| 2026-04-20 | Buy | single-family home | $250.00 / sqft | 3,450 sqft | $862,500 | Dash Point 98023 |
| 2026-04-19 | Buy | single-family home | $236.00 / sqft | 4,020 sqft | $948,720 | Dash Point 98023 |
| 2026-04-15 | Buy | condo | $314.00 / sqft | 1,118 sqft | $351,052 | Twin Lakes 98023 |
| 2026-04-13 | Buy | townhouse | $348.00 / sqft | 1,468 sqft | $510,864 | Mirror Lake 98003 |
| 2026-04-09 | Buy | townhouse | $351.00 / sqft | 1,525 sqft | $535,275 | Lakota 98003 |
| 2026-04-08 | Buy | single-family home | $421.00 / sqft | 1,425 sqft | $599,925 | Marine Hills 98003 |
| 2025-09-06 | Rent | condo | $2.13 / sqft / month | 1,085 sqft | $2,310 | Mirror Lake 98003 |
| 2025-05-13 | Buy | single-family home | $318.00 / sqft | 2,320 sqft | $737,760 | Dash Point 98023 |
| 2024-10-29 | Rent | apartment | $2.22 / sqft / month | 905 sqft | $2,010 | West Campus 98023 |
| 2024-06-07 | Buy | single-family home | $349.00 / sqft | 2,025 sqft | $706,725 | Redondo 98003 |
| 2023-08-18 | Rent | townhouse | $1.86 / sqft / month | 1,495 sqft | $2,780 | Lakota 98003 |
| 2023-04-28 | Buy | condo | $315.00 / sqft | 1,120 sqft | $352,800 | Twin Lakes 98023 |
| 2022-12-02 | Rent | luxury apartment | $2.52 / sqft / month | 760 sqft | $1,915 | Steel Lake 98003 |
| 2022-05-20 | Buy | single-family home | $335.00 / sqft | 1,810 sqft | $606,350 | Adelaide 98003 |
| 2021-09-23 | Rent | single-family home | $1.55 / sqft / month | 2,140 sqft | $3,315 | Dash Point 98023 |
| 2021-06-11 | Buy | townhouse | $302.00 / sqft | 1,540 sqft | $465,080 | West Campus 98023 |
| 2020-10-10 | Rent | apartment | $1.83 / sqft / month | 835 sqft | $1,530 | City Center 98003 |
| 2020-07-02 | Buy | single-family home | $266.00 / sqft | 2,080 sqft | $553,280 | Marine Hills 98003 |
| 2019-11-21 | Rent | townhouse | $1.52 / sqft / month | 1,385 sqft | $2,105 | Lakeland South 98001 |
| 2019-06-14 | Buy | single-family home | $248.00 / sqft | 1,905 sqft | $472,440 | Steel Lake 98003 |
| 2018-08-04 | Rent | apartment | $1.68 / sqft / month | 745 sqft | $1,250 | Redondo 98003 |
| 2018-04-09 | Buy | condo | $232.00 / sqft | 1,060 sqft | $245,920 | West Campus 98023 |
| 2017-10-25 | Rent | single-family home | $1.31 / sqft / month | 1,960 sqft | $2,575 | Twin Lakes 98023 |
| 2017-07-12 | Buy | single-family home | $224.00 / sqft | 2,150 sqft | $481,600 | Twin Lakes 98023 |
| 2016-12-13 | Rent | condo | $1.51 / sqft / month | 980 sqft | $1,480 | Mirror Lake 98003 |
| 2016-05-03 | Buy | townhouse | $205.00 / sqft | 1,410 sqft | $289,050 | Lakota 98003 |
| 2015-09-17 | Rent | apartment | $1.43 / sqft / month | 690 sqft | $985 | City Center 98003 |
| 2015-06-24 | Buy | single-family home | $187.00 / sqft | 1,760 sqft | $329,120 | Adelaide 98003 |
| 2014-11-08 | Rent | townhouse | $1.22 / sqft / month | 1,320 sqft | $1,610 | Lakeland South 98001 |
| 2014-05-16 | Buy | condo | $172.00 / sqft | 1,015 sqft | $174,580 | West Campus 98023 |
| 2013-08-30 | Rent | single-family home | $1.08 / sqft / month | 1,880 sqft | $2,030 | Dash Point 98023 |
| 2013-04-26 | Buy | single-family home | $166.00 / sqft | 2,050 sqft | $340,300 | Marine Hills 98003 |
| 2012-10-02 | Rent | apartment | $1.25 / sqft / month | 710 sqft | $890 | Steel Lake 98003 |
| 2012-06-05 | Buy | single-family home | $151.00 / sqft | 1,965 sqft | $296,715 | Twin Lakes 98023 |
| 2011-12-19 | Rent | condo | $1.17 / sqft / month | 940 sqft | $1,100 | Redondo 98003 |
| 2011-07-29 | Buy | townhouse | $142.00 / sqft | 1,325 sqft | $188,150 | Mirror Lake 98003 |
| 2010-11-11 | Rent | duplex | $1.02 / sqft / month | 1,120 sqft | $1,140 | Lakota 98023 |
| 2010-05-07 | Buy | single-family home | $135.00 / sqft | 1,580 sqft | $213,300 | Panther Lake 98003 |
| 2009-09-27 | Rent | apartment | $1.05 / sqft / month | 725 sqft | $760 | City Center 98003 |
| 2009-04-18 | Buy | condo | $128.00 / sqft | 1,035 sqft | $132,480 | West Campus 98023 |
| 2008-10-16 | Rent | single-family home | $0.97 / sqft / month | 1,710 sqft | $1,660 | Twin Lakes 98023 |
| 2008-08-22 | Buy | single-family home | $168.00 / sqft | 1,845 sqft | $309,960 | Steel Lake 98003 |
| 2007-12-03 | Rent | condo | $1.08 / sqft / month | 960 sqft | $1,040 | Mirror Lake 98003 |
| 2007-06-01 | Buy | single-family home | $192.00 / sqft | 2,250 sqft | $432,000 | Dash Point 98023 |
| 2006-09-09 | Rent | apartment | $1.12 / sqft / month | 690 sqft | $775 | Redondo 98003 |
| 2006-03-28 | Buy | townhouse | $185.00 / sqft | 1,375 sqft | $254,375 | Lakota 98003 |
| 2005-11-14 | Rent | townhouse | $1.01 / sqft / month | 1,260 sqft | $1,275 | Lakeland South 98001 |
| 2005-05-19 | Buy | single-family home | $176.00 / sqft | 2,100 sqft | $369,600 | Adelaide 98003 |
| 2004-08-07 | Rent | apartment | $1.03 / sqft / month | 770 sqft | $795 | West Campus 98023 |
| 2004-04-30 | Buy | single-family home | $158.00 / sqft | 1,625 sqft | $256,750 | Twin Lakes 98023 |
| 2003-10-18 | Rent | single-family home | $0.88 / sqft / month | 1,840 sqft | $1,620 | Steel Lake 98003 |
| 2003-07-15 | Buy | condo | $145.00 / sqft | 980 sqft | $142,100 | Panther Lake 98003 |
| 2002-12-06 | Rent | duplex | $0.91 / sqft / month | 1,040 sqft | $950 | Lakota 98023 |
| 2002-06-21 | Buy | single-family home | $139.00 / sqft | 1,960 sqft | $272,440 | Marine Hills 98003 |
| 2001-09-25 | Rent | condo | $0.96 / sqft / month | 910 sqft | $875 | Redondo 98003 |
| 2001-03-09 | Buy | townhouse | $132.00 / sqft | 1,280 sqft | $168,960 | West Campus 98023 |
| 2000-10-12 | Rent | apartment | $0.94 / sqft / month | 695 sqft | $655 | City Center 98003 |
| 2000-05-31 | Buy | single-family home | $121.00 / sqft | 1,735 sqft | $209,935 | Mirror Lake 98003 |
| 1999-07-17 | Rent | single-family home | $0.82 / sqft / month | 1,660 sqft | $1,360 | Twin Lakes 98023 |
| 1999-04-23 | Buy | duplex | $104.00 / sqft | 2,010 sqft | $209,040 | Dash Point 98023 |
| 1998-11-05 | Rent | apartment | $0.87 / sqft / month | 760 sqft | $660 | Steel Lake 98003 |
| 1998-06-10 | Buy | single-family home | $112.00 / sqft | 1,560 sqft | $174,720 | Adelaide 98003 |
| 1997-08-29 | Rent | townhouse | $0.75 / sqft / month | 1,180 sqft | $885 | Lakeland South 98001 |
| 1997-03-22 | Buy | condo | $88.00 / sqft | 1,010 sqft | $88,880 | Panther Lake 98003 |
| 1996-09-14 | Rent | condo | $0.81 / sqft / month | 850 sqft | $690 | West Campus 98023 |
| 1996-07-19 | Buy | single-family home | $101.00 / sqft | 1,860 sqft | $187,860 | Marine Hills 98003 |
| 1995-12-01 | Rent | apartment | $0.78 / sqft / month | 640 sqft | $500 | Redondo 98003 |
| 1995-05-26 | Buy | single-family home | $96.00 / sqft | 1,710 sqft | $164,160 | Twin Lakes 98023 |
| 1994-10-07 | Rent | duplex | $0.72 / sqft / month | 960 sqft | $690 | Twin Lakes 98023 |
| 1994-08-15 | Buy | townhouse | $91.00 / sqft | 1,190 sqft | $108,290 | Lakota 98003 |
| 1993-11-20 | Rent | single-family home | $0.59 / sqft / month | 1,420 sqft | $840 | Mirror Lake 98003 |
| 1993-04-12 | Buy | condo | $74.00 / sqft | 890 sqft | $65,860 | West Campus 98023 |
| 1992-09-03 | Rent | apartment | $0.68 / sqft / month | 720 sqft | $490 | City Center 98003 |
| 1992-06-18 | Buy | single-family home | $82.00 / sqft | 1,480 sqft | $121,360 | Steel Lake 98003 |
Housing market overview for Federal Way, WA
The real estate market in Federal Way, WA can be compared more clearly by looking at price per square foot. Current estimates show an average buy price of $317.00 / sqft and an average rent of $2.09 / sqft / month.
Buyers can use the purchase price per square foot to compare homes, condos and apartments of different sizes. Renters can use monthly rent per square foot to compare different rental listings more accurately.
The reported values on this page show how prices can vary by neighborhood, property type, size and condition. Historical values help explain whether the local market has been rising, stable or cooling.
Frequently asked questions
What is the average home price per square foot in Federal Way?
The average residential buy price in Federal Way, WA is $317.00 / sqft based on the current values available on this page.
How much is rent per square foot in Federal Way?
The average rental price in Federal Way, WA is $2.09 / sqft / month. Actual rents can vary by neighborhood, property type and building quality.
Are property prices in Federal Way increasing?
Buy prices have increased by about 5.3% over the last 5 years. Rent prices have increased by about 37.4% over the last 5 years. These 5-year trends are based on the available individual historical comparable values.