Comprehensive market data and analysis• Updated Dec 2025
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 6 |
| 1-2 acres | - | - | 1 | 1 |
| 2-5 acres | - | - | 1 | 2 |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | 1 | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 4 | 10 |
Acreage buckets
The median price for land in Federal Way, Washington is currently $337K per acre. For a typical parcel, the median sale price is $170K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $126K while premium lots reached $563K.
Land in Federal Way, Washington averages $398K per acre. The median price per acre is $337K, which may be more representative of typical transactions. Most parcels sold are around 19,800 sq ft.
There are currently 14 active listings in Federal Way, Washington. 3 new listings have hit the market in the last 90 days. The median asking price is $245K.
Land in Federal Way, Washington typically sells within 41 days of listing. The median time on market is 19 days. Properties are moving quickly in the current strong buyer's market.
Over the past 12 months, Federal Way, Washington saw 10 properties sold, totaling $3.6M in sales volume.
The 12-month rate is 6.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
