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Located in the state of Washington and a city in King County, Federal Way is a city that is situated within the metropolitan area of Seattle. With the rise of the city’s population, it became the tenth-largest city in the state. Federal Way was originally developed as a logging settlement and the area was then named Federal’s Way in 1929. It was said that the name was derived from the Federal Highway US 99, or now known as State Route 99 or the Pacific Highway South, wherein its limits run from Everett and Seattle all the way to Tacoma. The name was first used in 1929 for its five existing schools. The city was originally identified by its semi-urban development in the 1990s, which was then characterized by its landscape off-street multi-structure shopping centers and complexes.

Home Prices

AVERAGE
508,065 +12%
MEDIAN
460,538 +9%

Relative Price (per sqft.)

PRICE
244 +13%

Listings

ACTIVE
82 -31%
NEW
88 0%

Market Duration

DAYS
30 +13%
Population 92,734 (8.80%)
House Size (sqft.) 1,908 (-2.01%)