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Federal Way, 98023 Real Estate Overview

Today, November 23, 2009

Market View for 98023

Info
Avg. Listing Price $344,850 Wk ending Nov 18
-$4,312
-1.2%
w-o-w
Median Sales Price $240,000 Nov '08 - Jan '09
-$44,214
-15.6%
y-o-y
246Homes For Sale 1Open Homes
0Recently Sold 255Foreclosures

Market Trends for 98023

Embed Info
Listing price – 98023, Federal Way
Average Listing Price
$344,850
-1.2%
w-o-w
Median Sales Price
$240,000
-15.6%
y-o-y
Average price/sqft
$159
-13.1%
y-o-y
Number of Sales
39
-68.8%
y-o-y
More 98023 Market Trends
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Home Prices for Federal Way

Info
google map tile
Most popular
zip codes
Avg. listing price
Week ending Nov 18
 
w-o-w

98023
$344,850
-1.2%
98003
$223,088
-4.4%
98001
$335,847
-2.6%
 
Movers & Shakers
Avg. listing price
Week ending Nov 18
 
w-o-w

98003
$223,088
-4.4%
98001
$335,847
-2.6%
98023
$344,850
-1.2%
 
View Federal Way Home Prices Map
 

Federal Way, 98023 Summary

The median sales price for homes in ZIP code 98023 in Federal Way from Nov 08 to Jan 09 was $240,000 based on 39 sales. Compared to the same period one year ago, the median sales price decreased 15.6%, or $44,214, and the number of sales decreased 68.8%. Average price per square foot for homes in 98023 was $159, a decrease of 13.1% compared to the same period last year.

There are currently 246 resale and new homes in ZIP code 98023 on Trulia, including 1 open house, as well as 255 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in 98023 was $344,850 for the week ending Nov 18, which represents a decrease of 1.2%, or $4,312, compared to the prior week. Popular ZIP codes in Federal Way include 98023 and 98003, with average listing prices of $344,850 and $223,088.

 

Schools in Federal Way

Info
DISTRICT
TYPE
GRADES
SCHOOLS
STUDENTS
Federal Way School District 210
Public
PK - 12
38
22,614
SCHOOL NAME
SCHOOL TYPE
GRADES
PARENT RATING
Sherwood Forest Elementary School
Public
K - 5
Rainier View Elementary School
Public
PK - 5
Harry S Truman High School
Public
9 - 12
Please consult with the school district or a local real estate pro to confirm your eligibility to enroll with a particular district or school.
View all Federal Way Schools
 

Community Info for Federal Way

Info
More Federal Way Community Info

Homes for Sale in 98023

34329 35th Avenue SW, Federal Way WA
34329 35th…
$729,900
4 br  2 ½ ba
33231 42nd Avenue SW, Federal Way WA
33231 42nd…
$495,000
4 br  3 ½ ba
35606 13th Avenue SW, Federal Way WA
35606 13th…
$217,000
3 br  1 ba
114 Southwest 313th Street, Federal Way WA
114 SW 313…
$259,900
3 br  2 ½ ba
4627 Southwest 330th Court, Federal Way WA
4627 SW 33…
$398,000
3 br  3 ba
5207 Southwest 318th Court, Federal Way WA
5207 SW 31…
$379,545
4 br  2 ½ ba
View all 98023 Homes for Sale
 
Stats & Trends
98023, Federal Way

Real Estate Overview

Market Trends

Schools

Home Prices Map

Community Info

Federal Way

Real Estate Overview

Homes for Sale

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  • 98001
  • 98003
  • 98023
  • 98063
  • 98093
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Nearby Cities

Cities
Median
sales price
Average
listing price
Algona
$258,836
$228,570
Auburn
$245,000
$323,791
Pacific
$271,000
$206,238
Milton
$300,000
$302,495
Kent
$259,950
$319,381
Fife
$262,270
$276,128
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Advice

Recent Q&A in Federal Way, WA

Q: How is the commission paid for to an agent who finds a renter for a rental listing on the MLS? 2 answers
Q: I am currently in the process of looking for a condo/townhouse/stand alone with my wife and daughter. We 8 answers
Q: WIth the slower market, how important is an agent who can lease your property as well as sell it? 1 answer
Q: Where can I find useful stats on Federal Way real estate? 5 answers
Q: Does Federal Way have an Arts Commission? 2 answers

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Nearby Cities Real Estate

  • Algona Real Estate
  • Auburn Real Estate
  • Pacific Real Estate
  • Redondo Real Estate
  • Milton Real Estate
  • Kent Real Estate

Nearby Cities Sold Homes

  • Algona Sold Homes
  • Auburn Sold Homes
  • Pacific Sold Homes
  • Redondo Sold Homes
  • Milton Sold Homes
  • Kent Sold Homes

Nearby Cities Home Prices

  • Algona Home Prices
  • Auburn Home Prices
  • Pacific Home Prices
  • Redondo Home Prices
  • Milton Home Prices
  • Kent Home Prices

98023 Stats & Trends

  • 98023 Market Trends
  • Federal Way Schools
  • Federal Way Community Info
  • Federal Way Home Prices
  • 98023 Real Estate
  • 98023 Recently Sold Homes

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Federal Way real estate—use Trulia to find real estate in Federal Way as well real estate in other cities in Washington. Trulia provides comprehensive real estate guides with up-to-date information about housing prices, latest Federal Way real estate trends, market activity, and neighborhood information. Before buying a house in Federal Way, research real estate on Trulia. Understanding the Federal Way real estate market is your first step to buying a home in Federal Way, Washington. Our real estate guide gives your a valuable overview of the Federal Way real estate market—find Federal Way properties, sales statistics, real estate price trends, real estate market activity, comparisons of Federal Way schools or Washington schools, and general demographic information for Federal Way, WA. Trulia's real estate guide combines a Federal Way map with a detailed list of Federal Way neighborhoods, ZIP codes, and nearby cities to help kick-start your search for a home in Federal Way.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Homes for Sale includes resale and new homes on Trulia.
Recently Sold is a count of all known arms-length residential sales in the last 9 months according to public records.
Open Homes refers to listings on Trulia with scheduled open house times.
Foreclosures includes properties in the pre-foreclosure, auction, and bank-owned stages of the foreclosure process.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources. The Median Sales Price is the price at which one-half of the homes sold for more than that amount and one-half of the homes sold for less than that amount.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. All sales figures are compared to the same period one year prior.
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About this Info
Most Popular Neighborhoods are calculated each week based on search behavior on the Trulia website.
Movers 'n Shakers are selected based on the week-over-week percentage change in Average Listing Price.
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Parent Reviews
These reviews include feedback from parents, students, former students, administrators and other staff. This feedback may help you further evaluate and compare schools, along with other information such as test scores, academic programs, school resources, classroom and teacher ratios, etc. The reviews are provided by GreatSchools.

Ask a question about this school on Trulia Voices to learn more about this school or district from residents and other local experts.

 
   
About this Info
Crime statistics for 2006 (most recent year available) are reported by the Federal Bureau of Investigation in the Uniform Crime Report.
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