Why Live in Federal Way City Center
Federal Way City Center, once a logging settlement, has transformed into a bustling retail district with a diverse cultural scene. The neighborhood features a variety of retail options, including the Commons at Federal Way, a mall with over 90 retailers and a Cinemark movie theater. The SeaTac Village Shopping Center offers popular brands like Trader Joe’s and T.J. Maxx, along with dining options such as Black Angus and Jasmine Mongolian Grill. Residents have access to Safeway and Campeón Market for groceries. Recreational opportunities abound with Town Square Park's modern play structures, Mirror Lake Park's wooded trails, Steel Lake Park's beach and boating facilities, and Celebration Park's athletic fields. Housing in the area includes midcentury ranch-style and split-level homes, as well as condos with amenities like swimming pools and fitness centers. Community events include the Summer Sounds concert series, Arts Explosion festival, and the Red, White & Blues Festival. Federal Way City Center boasts a walk score of 83, and the ST Express bus system provides public transportation. Major roads like state Route 99 and Interstate 5 offer convenient access to Tacoma, 12 miles south, and Seattle, 23 miles north. The Seattle-Tacoma International Airport is approximately 8 miles away.
Frequently Asked Questions
Is Federal Way City Center a good place to live?
Federal Way City Center is a good place to live. Federal Way City Center is considered fairly walkable and bikeable with good transit options. Federal Way City Center has 6 parks for recreational activities. It is somewhat dense in population with 8.8 people per acre and a median age of 39. The average household income is $57,706 which is below the national average. College graduates make up 22.1% of residents. A majority of residents in Federal Way City Center are renters, with 82.7% of residents renting and 17.3% of residents owning their home. A
local real estate agent serving Federal Way City Center can help you decide if this neighborhood is the right one for you. Learn more on our
Federal Way City Center neighborhood guide.
Is Federal Way City Center, WA a safe neighborhood?
Federal Way City Center, WA is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Federal Way City Center?
The median home price in Federal Way City Center is $292,475. If you put a 20% down payment of $58,500 and had a 30-year fixed mortgage with an interest rate of 6.22%, your estimated principal and interest payment would be $1,440 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $62K a year to afford the median home price in Federal Way City Center. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Federal Way City Center is $58K.
What are the best public schools in Federal Way City Center?
The best public schools that serve Federal Way City Center are:
What are the best private schools in Federal Way City Center?
The best private schools that serve Federal Way City Center are:
What are the most popular zip codes in Federal Way City Center, Federal Way, WA?
What are the most popular neighborhoods near Federal Way City Center, Federal Way, WA?
Are home prices dropping in Federal Way City Center?
Yes, home prices in Federal Way City Center are down 58% in the last 12 months.
Home Trends in Federal Way City Center, WA
On average, homes in Federal Way City Center, Federal Way sell after 49 days on the market compared to the national average of 53 days. The median sale price for homes in Federal Way City Center, Federal Way over the last 12 months is $290,000, down 63% from the median home sale price over the previous 12 months.
Median Sale Price
$290,000
Median Single Family Sale Price
$279,000
Median Townhouse Sale Price
$320,000
Median 2 Bedroom Sale Price
$294,950
Median 1 Bedroom Sale Price
$279,000
Average Price Per Sq Ft
$296
Number of Homes for Sale
4
Last 12 months Home Sales
8
Median List Price
$292,475
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-63%
