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The median home value in Federal Way, WA is $598,030 as of 2026-07-31, down 0.73% from a year earlier.
Median Home Value
$598,030
Year-over-Year
-0.73%
Population
96,631
Federal Way ranks #56 of 118 Washington cities tracked here by median home value, and sits 1.2% above the state's city median of $591,094. It sits in King County, where the county-wide median is $853,410.
Median household income in Federal Way is $86,909, so the typical home value is about 6.9× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
Federal Way police recorded a violent crime rate of 545 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 4,372 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Federal Way, that value is $598,030. That's down 0.73% from a year earlier. It is about 1.2% above the typical Washington city tracked here.
Homes in Federal Way are cheaper than King County as a whole, where the median is $853,410 — a difference of about 29.9%.
Median household income here is $86,909, so the typical home value is about 6.9× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
Federal Way police reported 545 violent crimes per 100,000 residents, covering a population of about 96,631. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
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