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Data as of February 2026. Source: Realtor.com.
The FEDERAL WAY, WA real estate market (98003) currently shows 90 active listings, with 44 pending sales. Homes are averaging 35 days on the market before going under contract.
Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 35 days on market compared to 47 days last year.
The median listing price has risen 0.4% year-over-year, from $536,750 to $538,750.
Whether you are buying or selling in FEDERAL WAY, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 51,329 · Density: 1,723.2/mi² · Median household income: $67,547
Typical home value: $395,628 · Homeownership: 47.4%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 98003 | Federal Way, WA 98003 | 0.0 mi | 82 | $45,283,598 | $525,000 | $552,239 |
| 98001 | Auburn, WA 98001 | 2.4 mi | 50 | $36,909,350 | $756,450 | $738,187 |
| 98354 | Milton, WA 98354 | 3.8 mi | 20 | $15,314,860 | $754,975 | $765,743 |
| 98002 | Auburn, WA 98002 | 4.6 mi | 53 | $25,300,716 | $467,475 | $477,372 |
| 98198 | Seattle, WA 98198 | 6.1 mi | 59 | $30,889,214 | $492,000 | $523,546 |
| 98030 | Kent, WA 98030 | 7.0 mi | 58 | $35,416,424 | $660,000 | $610,628 |
| 98372 | Puyallup, WA 98372 | 7.2 mi | 39 | $26,602,173 | $675,000 | $682,107 |
| 98371 | Puyallup, WA 98371 | 7.4 mi | 80 | $56,422,240 | $689,450 | $705,278 |
| 98390 | Sumner, WA 98390 | 7.6 mi | 17 | $11,598,794 | $550,000 | $682,282 |
| 98418 | Tacoma, WA 98418 | 8.4 mi | 27 | $11,129,535 | $409,995 | $412,205 |
| 98092 | Auburn, WA 98092 | 8.7 mi | 98 | $85,885,632 | $754,975 | $876,384 |
| 98407 | Tacoma, WA 98407 | 9.3 mi | 55 | $46,674,760 | $689,950 | $848,632 |
| 98148 | Seattle, WA 98148 | 9.6 mi | 15 | $9,379,755 | $629,000 | $625,317 |
As of February 2026, there are 90 active listings in FEDERAL WAY, WA (zip code 98003), compared to 91 the prior year.
The median listing price in FEDERAL WAY, WA 98003 is $538,750 as of February 2026, a 0.4% increase from $536,750 the prior year.
Homes in FEDERAL WAY, WA 98003 spend an average of 35 days on the market before going under contract, compared to 47 days the prior year.
Based on current inventory and days-on-market data as of February 2026, FEDERAL WAY, WA 98003 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 35 days on market compared to 47 days last year.
With SELL123.com's maximum 3% commission, sellers in FEDERAL WAY, WA 98003 save an estimated $10,775 compared to a typical 5% commission on the median listing price of $538,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.