14

Federal Way, WA Homes for Sale under $500,000

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  • /39

    $499,950

    $25K PRICE DROP
    • 4 Beds
    • 1.5 Baths
    • 1,130 Sq Ft

    33818 35th Ave SW, Federal Way, WA 98023

    Welcome home to this charming 4-bedroom, 1.5-bath rambler located in the highly desirable Twin Lakes community! From the moment you arrive, you’ll appreciate the inviting curb appeal and welcoming covered front porch — the perfect spot to enjoy your morning coffee, relax with a book, or unwind after a long day. Step inside to discover bright, comfortable living spaces designed with both

    Agent Photo

    Tanya Headrick

    eXp Realty

    (253) 499-8078

    33818 35th Ave SW, Federal Way, WA 98023
  • /25

    $475,000

    $15K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 820 Sq Ft

    30657 1st Place SW, Federal Way, WA 98023

    Turn-key 3bed & 1bath Rambler perfectly blends sleek updates with an unbeatable location! The light-filled open floor plan creates an inviting atmosphere, flowing seamlessly to a spacious back deck built for entertaining. Situated on a massive lot, the gigantic, freshly landscaped backyard features a newer fence and offers a private sanctuary for your gardening or outdoor projects. Practicality

    Andrew Maglalang-Weakley Redfin

    30657 1st Place SW, Federal Way, WA 98023
  • /32

    $439,900

    • 3 Beds
    • 2.5 Baths
    • 1,674 Sq Ft

    30809 13th Place S Unit 24, Federal Way, WA 98003

    Lake Easter waterfront living at it's finest! Discover the perfect blend of modern luxury and lakefront living in this stunning and fully updated 3 bedroom 2.5 bathroom townhouse. This end unit offers the space and privacy of a single family home in this rare listing. Step inside the large entry and bright open concept floor-plan with new kitchen, eating bar and dining area open to the large

    Jason Kjellesvik Redfin

    30809 13th Place S Unit 24, Federal Way, WA 98003
  • /22

    $475,000

    • 2 Beds
    • 3 Baths
    • 1,100 Sq Ft

    247 S 328th Ln, Federal Way, WA 98003

    Tucked away in a safe and quiet neighborhood, this duplex-style home offers a sanctuary from the hustle and bustle. It is rare to find a property that provides such immediate access to urban amenities while maintaining a peaceful, community-first atmosphere. Effortless access in any direction, making the trek to Seattle, Bellevue, or Tacoma a breeze. Located near lush walking trails and minutes

    Nick Gerisilo John L. Scott, Inc

    247 S 328th Ln, Federal Way, WA 98003
  • /28

    $480,000

    $15K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,410 Sq Ft

    307 S 328th Ln, Federal Way, WA 98003

    Enjoy the ease of owning in Heritage Court, where some of the lowest HOA dues around make everyday living feel just a little lighter. This beautifully refreshed townhome welcomes you with brand-new flooring, fresh paint, and updated trim—creating a space that feels bright, calm, and truly move-in ready. The thoughtfully designed two-bedroom layout offers a spacious primary suite with its own

    Terri Reade Windermere RE South Sound, Inc

    307 S 328th Ln, Federal Way, WA 98003
  • /11

    $475,000

    • Land
    • 24,676 Sq Ft
    • $838,482 per Acre

    27905 Pacific Hwy S, Federal Way, WA 98003

    Superb builder or investor propert! Zoned BC. Federal Way Building Dept tells us that it is ok to build upto 35' from base for Business/Commercial and 65' for Multi-family. Mixed use may be possible with permit. SOUND & MOUNTAIN VIEW from street level and gets better as you go up. Access from Pacific Highwat at East and off S. 279th St at North. On bus line. Good short connection to Light Rail's

    Jeff Siddiqui Madison Partners Real Estate

    27905 Pacific Hwy S, Federal Way, WA 98003
  • /10

    $499,000

    • 3 Beds
    • 2 Baths
    • 1,530 Sq Ft

    28425 15th Place S, Federal Way, WA 98003

    Tri-level NW Contemporary home in the Redondo area with 1,530 sq ft on a 6,679 sq ft lot. Built in 1977, this 3-bedroom, 1.75-bath home features vaulted ceilings, a daylight basement, and a wood-burning fireplace. Main level includes living room, dining area, and kitchen, with additional finished space and bonus room flexibility. Attached garage plus driveway and off-street parking. Partially

    Larissa Butler Keller Williams Realty

    28425 15th Place S, Federal Way, WA 98003
  • /7

    $495,000

    • Land
    • 29,999 Sq Ft
    • $718,745 per Acre

    31021 20th Ave S, Federal Way, WA 98003

    Opportunity is knocking with this expansive 0.69-acre (approx. 30,000 sq ft) parcel in the sought-after Steel Lake area. This is a true teardown, (720 square-foot single family home), making it the perfect blank canvas for your next project—whether you're a first-time investor looking to get into development or a seasoned builder ready to maximize potential. Zoned RS7.2, the property offers

    Brooks Glenn Windermere Real Estate Co.

    31021 20th Ave S, Federal Way, WA 98003
  • /8

    $425,000

    • Land
    • 1.45 Acres
    • $293,103 per Acre

    1111 Enchanted Pkwy S, Federal Way, WA 98003

    Perfectly positioned flat corner lot with hundreds of feet of street frontage on north bound SR 161 Enchanted pkwy, right next to I-5. With around 33,000 sqft of usable land for both commercial and multi family use, Gas stations, retail, apartments, condos, hotels or a combination of the 2 are all a go for this lot. Approximately 41,000 cars traveling past this parcel daily, with new developed

    Max Donaldson eXp Realty

    1111 Enchanted Pkwy S, Federal Way, WA 98003
  • /31

    $469,000

    Open Sun 12PM - 3PM
    • 2 Beds
    • 2 Baths
    • 1,534 Sq Ft

    3308 SW 318th Place Unit 73, Federal Way, WA 98023

    Beautifully maintained condo in Federal Way’s sought-after Quail Run community! Filled with natural light, this home showcases soaring vaulted ceilings, laminate plank flooring, and an open-concept design that is bright, spacious, and inviting, complemented by the added comfort of central A/C. A dramatic gas fireplace creates a stunning focal point in the spacious vaulted living room, while an

    Mary Hefty Berkshire Hathaway HS NW

    3308 SW 318th Place Unit 73, Federal Way, WA 98023
  • /9

    $400,000

    • Land
    • 16,909 Sq Ft
    • $1,030,397 per Acre

    31051 Military Rd S, Federal Way, WA 98001

    Exceptional opportunity in a prime Auburn location just off Military Rd, minutes to I-5 for easy commuting. Situated on a spacious ~16,000 sq ft lot, this property features a large shop—ideal for storage, hobbies, or potential workspace. Zoned R-4, offering strong investment and development potential. Existing mobile home and structures on site—property is being sold as-is. Bring your vision and

    Madison Edwards John L. Scott, Inc

    31051 Military Rd S, Federal Way, WA 98001
  • /30

    $450,000

    • 3 Beds
    • 2 Baths
    • 1,368 Sq Ft

    36529 6th Ave SW, Federal Way, WA 98023

    Rare opportunity to own 1.25 acres of secluded, tree-lined land in Federal Way. Tucked off a quiet street, this property offers privacy, natural beauty, and incredible potential for redevelopment or a custom build. Zoned RS-15, presenting a valuable opportunity for those looking to explore future development options.The existing manufactured home is not livable and holds no contributory

    Laura Hinds KW Lake Washington So

    36529 6th Ave SW, Federal Way, WA 98023
  • /25

    $499,950

    • 2 Beds
    • 2 Baths
    • 1,470 Sq Ft

    235 S 329th Ln, Federal Way, WA 98003

    This rare stand alone home, features charming 2-bedroom, 2-bath home offers comfort, functionality, and a peaceful natural setting. Backing to a lush green space, you’ll enjoy added privacy and serene views year-round. The open-concept layout seamlessly connects the kitchen and family room, creating a bright and inviting space perfect for both everyday living and entertaining. A cozy wood-burning

    Stephen Cleary PPS Homes

    235 S 329th Ln, Federal Way, WA 98003
  • /13

    $457,000

    $23K PRICE DROP
    • 3 Beds
    • 2.5 Baths
    • 1,480 Sq Ft

    28821 18th Ave S, Federal Way, WA 98003

    Beautifully updated single-level home offering 1,480 sq ft with 3 bedrooms plus a flexible 4th room that can easily be converted back from the spacious laundry area. Updated within the last 10 years, this move-in-ready home features a bright living room with soaring cathedral ceilings that create a grand entrance and open feel. A huge fireplace with insert serves as the stunning focal point of

    Kris Huber Windermere RE West Campus Inc

    28821 18th Ave S, Federal Way, WA 98003

Home Trends in Federal Way, WA

Housing Trends

Median Sale Price
$610,000
Median Single Family Sale Price
$650,000
Median Townhouse Sale Price
$369,995
Median 2 Bedroom Sale Price
$285,000
Median 1 Bedroom Sale Price
$223,000
Average Price Per Sq Ft
$337
Number of Homes for Sale
164
Last 12 months Home Sales
759
Months of Supply
2.60
Median List Price
$625,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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