Federal Way, WA

Real estate in Federal Way, WA is a hot commodity. The city has seen an influx of new residents and businesses in recent years, which has led to an increase in home prices and rental rates.

Federal Way is located just south of Seattle and east of Tacoma. The city has a population of over 100,000 people and is home to several major corporations, including Boeing and Microsoft.

The real estate market in Federal Way is highly competitive. There are a number of factors that contribute to this: the city's proximity to Seattle and Tacoma; the high demand for housing; and the low unemployment rate.

The average home price in Federal Way was $269,900 as of September 2017. The median home price was $248,500. The city's median rent price was $1,100 per month as of September 2017.