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Saturday, March 15, 2025

Federal Way home prices rise in November 2018

Webp re 2

The median sale price of a home sold in November 2018 in Federal Way rose by $37,500 while total sales increased by 12.5%, according to BlockShopper.com.

In November 2018, there were 36 homes sold, with a median sale price of $387,500 - a 10.7% increase over the $350,000 median sale price for the same period of the previous year. There were 32 homes sold in Federal Way in November 2017.

The median sales tax in Federal Way for the most recent year with available data, 2016, was $3,694, approximately 1% of the median home sale price for November 2018.

The following table compares Federal Way to other King County cities with similar median sales prices in November 2018:

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Des Moines121020%$420,000$407,5003.1%
Snoqualmie (unincorporated)30-$415,000$0-
Black Diamond50-$415,000$0-
Kent (unincorporated)1214-14.3%$407,475$403,9750.9%
Auburn2425-4%$396,000$315,00025.7%
Federal Way363212.5%$387,500$350,00010.7%
Burien1213-7.7%$387,475$389,000-0.4%
Kent2122-4.5%$375,000$355,7505.4%
Milton21100%$373,500$389,900-4.2%
Renton (unincorporated)48-50%$367,475$370,000-0.7%
Covington161323.1%$345,000$374,000-7.8%

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