Federal Way is located south of Seattle. Homes for sale in Federal Way include foreclosures (bank-owned homes), short sales, new construction, luxury and traditional resale homes. Home styles range from condos to townhomes and single-family homes.
Federal Way sits at the southern border of King County. With a population of 90,000, it's a large city that sometimes flies under the radar. Located adjacent to I-5, Federal Way has quality commute access into Seattle or Tacoma, with Highway 99 as an easy backup route. Federal Way is home to the Weyerhauser company, the largest private owner of softwood timberland in the world. Nearby attractions include Wild Waves and Enchanted Village theme parks, as well as Dash Point State Park on the waterfront.
Federal Way is the fifth largest city in King County in the census 2019 population. Federal Way has Weyerhaeuser King County Aquatic Center at 650 SW Campus Dr, which offers a public swimming pool. The most visited park in Federal Way is Wild Waves Theme and Water Park at 36201 Enchanted Pkwy S. The park offers roller coasters, water rides, a wave pool, and more. If you like watching tournaments for soccer and baseball, check out Celebration Park at 1095 S 324th St. It's a large public park with fields for soccer & baseball, picnic sites, a playground for kids, and trails. And if you're interested in bonsai trees from other countries like Japan, China, and Korea, head to Pacific Bonsai Museum at 2515 S 336th St. Another botanical garden in the city is PowellsWood Garden at 430 S Dash Point Rd.
The 2019 largest employers in Federal Way are Federal Way Public Schools, St. Francis Hospital, World Vision International, United States Postal Service, Washington Conference of Seventh-day Adventists, and the City of Federal Way. Residents in Federal Way pick up their groceries and housewares in Fred Meyer at 33702 21st Ave SW, Safeway at 2109 SW 336th St, Costco Wholesale at 35100 Enchanted Pkwy S, and WinCo Foods at 160 SW Campus Dr. Schools serving students in Federal Way are Adelaide Elementary School, Meeker Middle School, Evergreen Heights Elementary School, and Northwood Elementary School. And the public library in the city is Federal Way Library at 34200 1st Way S. See all new listings in Federal Way on SeattleHome.com.
Our exclusive Local Market Research helps you make more informed decisions. Each week we publish market updates for Federal Way. You can see the latest trends in pricing, affordability, supply and demand. We invest in this research so our clients always have the latest insights to make the best decisions with confidence. Below are the latest home pricing trends for Federal Way based on zip code 98003.