$617,399Average Value$368Average Price per Sq Ft0Homes For Sale
Centrally located suburban community in northern Federal Way
Laurelwood is a residential neighborhood, conveniently located about 2 miles north of Federal Way, where many homes are a quick walk or drive from quality schools and commerce. Access to major highways connects commuters to downtown Tacoma, about 15 miles south, and downtown Seattle, roughly 21 miles north. “It’s a nice neighborhood, real consistent with its homes, and it has sidewalks for walking,” says Realtor Diane Joslin with Keller Williams Greater Seattle, who has about 30 years of experience. “You’re also not too far from the freeway and Interstate 5.”
Laurelwood is tucked into a residential pocket of Federal Way, but amenities are walkable.
The Laurelwood neighborhood is a charming PNW residential community.
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Subdivisions of single-family homes and apartments
Laurelwood’s residential landscape consists of multiple cul-de-sacs lined with single-family homes that have manicured lawns and driveways. Ranch-style homes, split levels and bi-levels built between the 1960s and 1970s are common. These houses span 1,100 to 1,800 square feet and cost $475,000 to $750,000. The Heritage Woods subdivision has New Traditional homes built in the early 2000s. Many of these properties share Craftsman features like multiple pointed roofs and stone accents. Prices range from $700,000 to $825,000 for houses that are 2,000 to 3,500 square feet. “The homes there are a bit newer, larger and well-built,” Joslin says. “They’re moderately priced too.”
A handful of apartment complexes in the area have units for $1,200 to $1,800 a month, depending on the number of bedrooms. As such, about half the neighborhood rents, while the other half owns their property.
Split-level homes are by far the most common architectual style in Laurelwood.
Newer Ranch houses are often nestled among the trees in the Laurelwood area.
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Quality programs at Federal Way public schools
The neighborhood is served by the Federal Way School District, which offers a choice registration program. Students living north of 288th Street are zoned for Mark Twain Elementary and Evergreen Middle School, while those living south of 288th Street go to Wildwood Elementary and Sacajawea Middle School. Evergreen offers an International Baccalaureate Middle Years Programme, and Sacajawea is recognized as a Cambridge Assessment International Academy. All four schools earn C grades from Niche. From there, students can attend Federal Way High School, which receives a B grade and offers multiple Career and Technical Education Pathways like Engineering, Culinary Arts and Graphic Design.
Wildwood Elementary School greets children in Federal Way, WA.
Federal Way Senior High School is in the heart of the Federal Way neighborhood.
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Retail and restaurants along major roadways
The intersection of Military Road and 288th Street has a Safeway and Valley Harvest International Market. Fast-food eateries in the area include Subway and Pizza Hut. Brickyard Pub is a local gathering spot with traditional bar food. To the neighborhood’s west, Pacific Highway’s commercial corridor from 288th Street to Dash Point Road is lined with local restaurants. Verrazano’s is an Italian restaurant serving New York-style pizzas, while Lims Lounge & Restaurant specializes in East African dishes.
About 2 miles south of Laurelwood is Federal Way and its wide selection of retailers. “North Federal Way has The Commons, which has fun stores and all kinds of restaurants,” Joslin says. Pavilion Center shopping mall has everything from Walmart to Petco to Barnes & Noble.
Head to the nearby Safeway to do you grocery shopping close to home in Laurelwood.
Valley Harvest Market in Laurelwood is the most popular place to shop.
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Recreation in Laurelwood parks and on Puget Sound
Laurelwood Park is the neighborhood’s namesake. The green space is primarily an open grassy field with picnic benches. Heritage Woods Park is a pocket park in a subdivision that has a playground. About a mile south of Laurelwood is Sacajawea Park with a playground, soccer field, baseball diamond and tennis courts. A paved running track surrounds a football field.
Roughly 3 miles west along Puget Sound is Redondo Park, which has a sandy beach area, fishing pier and boat launch. Next door is the MaST Center Aquarium, run by Highline College’s marine biology program, with over 250 native Puget Sound species.
Walk your dog through Laruelwood Park in the center of the neighborhood.
Redondo Beach Park is a few minutess drive from the Laurelwood neighborhood.
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Traveling in and out of Laurelwood
Winding sidewalks in the neighborhood encourage afternoon strolls and bike rides, though vehicles are preferred for commuting. Access to Washington state Route 99, known as Pacific Highway, is less than a mile west, while access to Interstate 5 is to the east. Both roads travel north to south and lead to Tacoma and Seattle. The Seattle-Tacoma International Airport, or SeaTac, is about 12 miles away.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
Laurelwood
US
Homicide
3
4
Sexual Assault
5
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
6
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Laurelwood Demographics and Home Trends
On average, homes in Laurelwood, Federal Way sell after 36 days on the market compared to the national average of 53 days. The median sale price for homes in Laurelwood, Federal Way over the last 12 months is $648,075, up 15% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$640,000
Median Sale Price
$648,075
Median Single Family Sale Price
$648,075
Median Change From 1st List Price
0%
Last 12 months Home Sales
16
Median Home Sale Price YoY Change
15%
Average Price Per Sq Ft
$368
Neighborhood Facts
Number of Homes
579
Number of Homes for Sale
0
Median Year Built
1968
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,765
Below the national average
1,927
Median Lot Size Sq Ft
7,840
Distribution of Home Values
Source: Public Records
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
2,391
Median Age
35
Population under 18
26.4%
On par with the national average
23.8%
Population over 65
12.2%
Below the national average
19.1%
Finances
Median Household Income
$58,467
Significantly below the national average
$79,601
Average Household Income
$85,999
Education and Workforce
High School Graduates
86.1%
College Graduates
18.6%
Below the national average
34.1%
Advanced Degrees
4.2%
Below the national average
13.3%
% Population in Labor Force
68.7%
Weather
Annual Precipitation
39''
Average Winter Low Temperature
37°F
Average Summer High Temperature
77°F
Annual Snowfall
2''
Area Factors
Bikeable
Bike Score®
51/ 100
Car-Dependent
Walk Score®
49/ 100
Some Transit
Transit Score®
39/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
