The median home value in Federal Way, WA is $510,000.
This is
lower than
the county median home value of $645,000.
The national median home value is $277,796.
The average price of homes sold in Federal Way, WA is $510,000.
Approximately 53% of Federal Way homes are owned,
compared to 41% rented, while
6% are vacant.
Federal Way real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Federal Way real estate agent to arrange a tour today!
Learn more about Federal Way.
This is great opportunity to build a beautiful dream home on a level lot with no critical areas or wetlands!
Neighborhood commercial site in Federal Way, Mirror Lake area. Don't miss your opportunity to invest in this well shaped square parcel with approximate dimensions of 178x151. Excellent Location.. TOPO Survey completed .
Opportunity to potentially build your dream home in this quiet well-kept neighborhood! This wonderful corner lot is level with water and electricity on the street. Peaceful location and centrally located. Just minutes away from I-5, dining, shopping, and schools. The property will require a septic system as there isn't sewer in the neighborhood. Buyer to verify all information.
Attention developers and builders! One of the last larger plats of land available in South King County. Perfectly located right in the heart of Federal Way, WA this acreage is ideal for development. With strong resale numbers and new construction still in short supply the future of this tract of land has strong potential. The site consists of two tax parcels and is approximately 8.46 Acres. Gentle sloping topography and wooded landscape make for a park like feel. Some wetlands to the north could be used for wetlands banking. Close to all types of services and within minutes of I-5 and future Sound Transit light rail. Storm, Sewer & Utilities available on site.
Mixed-use development opportunity centrally located within the City of Federal Way. Two contiguous parcels combine for 1.68 acres. The property is zoned Neighborhood Business, which allows several development options including; Office, Retail, Car Washes, Gas Stations, Multifamily and Senior Housing. Commercial & Residential mixed-use developments are encouraged. Furthermore, the site receives good exposure with approximately 300' of frontage along Military Road S and 15K-25K daily traffic counts. Sewer, water and electricity are all available in street. Convenient access to I-5, Pacific Hwy S, and the Star Lake future light rail station.
There may be views for houses built on the upper west side of the property. Zoning is RS 15.0. Land is located to the north of owner's house located at 30713 28th Ave SW, Federal WA.
Rare opportunity to own a beautiful corner lot in an established neighborhood! Location is EVERYTHING with the stunning Dash Point State Park just minutes away. Build in a quiet neighborhood with paved easy access, a desirable location and a flat accessible lot. Dash Point Park offers a variety of activities including access to the beach, park and even camping spaces. Enjoy easy access to other necessities such as grocery stores, parks, schools, and major highways. You do not want to miss this one. Schedule a tour with your Realtor and stop by today!
Great redevelopment site on busy Pacific Hwy S (Old Hwy 99) with a Puget Sound View. Includes a easement for ingress and egress across the property to the north where the existing driveway is now. Bring your plans and lets do a deal.
Two (2) tax parcels (218820225504 & 218820224507) total 33,000 square feet of relatively level ground. Water and electrical service are available to the property and there's a fire hydrant right in front! This is not a hillside or sloped area. Now is your chance to secure a prime piece of King County Real Estate with frontage right on 6th Ave SW, which is an improved thoroughfare. Located close to the Federal Way Costco, all that 348th shopping has to offer and easy freeway access. You can develop now but this would be a beautiful piece of property to buy and hold as an investment if desired.
Large vacant parcel located in the heart of Federal Way. Land is currently zoned for CE. Close proximity to retail and just minutes from I-5!
Federal Way 6225 sq ft Lot for Duplex or Triplex. City limits for permitting. Imagine having a wonderfully level property close to new light rail, maybe build condos with City approval. Flat land with survey/short plat, water, sewer, gas, and power in street. Very little guesswork involved. Please investigate the possibility of building, flipping or holding this project. Close to schools, hospital. Bring your blueprints and ideas--change them into reality! Seller financing on approval of credit and application is available, please call for more details, private dead-end street, buffer, and development projects in immediate surrounding area make this shine.
4.26 Acres of Commercial Zoned Vacant Land on Pacific Hwy S. Zoned BC with endless Commercial Use possibilities: Strip Mall. Warehouse, Self-Storage Unit Facility and more. Seller completed some Feasibility studies. Site Plan options available. Upgraded Sewer at the Site. Bring your Imagination, architects and designers. Aggressively priced under Tax Assessed Value.
This property has subdivision potential with water, sewer, and electricity in the street. This property is flat with no environmental issues. The sale includes parcels 102103-9001 and 102103-9040 for a total of 2.10 acres.
Prime close in development potential property, water, sewer, and electricity in the street. The property is flat with no environmental issues or concerns.
2.79 acres of vacant land ready for your developments. Zone BC. 169 feet on Pacific Hwy South with 716 feet deep extended all the way to 13th Pl South.
Large commercial lot opportunity! This corner lot located in the City of Federal Way lies at the cross streets of Pacific Highway and 356th street. The location is the gateway into Fife, Milton, and Edgewood and just minutes from Highway 18 and Interstate 5. Commercial Enterprise zoning allows for a multitude of uses.
250 feet of frontage on High Traffic Pacific Highway South. Just over an acre with access from both 16th Ave S on the West, and Pacific highway South on the east. Business Commercial Zoning.
Great Location in the heart of Federal Way ,come build your dream home on this lot , nice school district buyer to verify all the information .