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Sunday, November 24, 2024

Rising home prices in South Federal Way (unincorporated) in October 2020

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The median sale price of a home sold in October 2020 in South Federal Way (unincorporated) rose by $37,775 while total sales decreased by 16.7%, according to BlockShopper.com.

In October 2020, there were five homes sold, with a median sale price of $431,000 - a 9.6% increase over the $393,225 median sale price for the same period of the previous year. There were six homes sold in South Federal Way (unincorporated) in October 2019.

The median sales tax in South Federal Way (unincorporated) for the most recent year with available data, 2016, was $3,729, approximately 0.9% of the median home sale price for October 2020.

The following table compares South Federal Way (unincorporated) to other King County cities with similar median sale prices in October 2020:

CityOct. 2020 Home SalesOct. 2019 Home Sales% change (Total Home Sales)Oct. 2020 Median Sales PriceOct. 2019 Median Sales Price% change (Median Sales Price)
Pacific330%$466,500$345,00035.2%
Snoqualmie (unincorporated)220%$455,000$1,027,625-55.7%
Auburn373215.6%$453,000$391,50015.7%
Federal Way514513.3%$440,000$407,0008.1%
Des Moines181338.5%$433,750$450,000-3.6%
Enumclaw2311109.1%$431,000$365,00018.1%
South Federal Way (unincorporated)56-16.7%$431,000$393,2259.6%
Seatac12119.1%$419,750$370,00013.4%
Black Diamond57-28.6%$375,000$450,000-16.7%
Algona110%$344,300$349,950-1.6%
Milton12-50%$270,000$407,500-33.7%

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