News

QuantaLoan Market Research

USA!
USA		 flag
Washington		 Federal Way
Washington

Federal Way, WA 98003

Federal Way (98003) has an estimated 44,151 residents with 43,511 of those people in approximately 17,250 housing units. The 98003 zipcode contains 6,313 housing units that are owned with a mortgage or a loan, 2,167 housing units that are owned free and clear and 8,770 housing units that are renter occupied.


In Federal Way (98003) the median listing price of $332,475 has dropped by $7,475 since 2018-10.

In 2018 the average percentage drop was 3.15% of original listing price.

50 homes were sold in 2018-11 in FederalWay, WA (98003).
This monthly number has dropped by 8 from the previous month.

Zip code 98003 is in the Seattle-Tacoma-Bellevue metropolitan area.
The median estimated home value in Federal Way, WA (98003) is $335,200 as of 2018-10-31

In Federal Way, WA (98003), values have dropped by -0.01 from when they peaked at $340,200 in 2018-Q2

The Zillow Market Health Index for Federal Way, WA (98003) is 4.18. The corresponding state value is 9.41. This is significantly lower than the overall Market Health Index of Washington.
Metro value is 8.99.
This is significantly lower than the overall Market Health Index of Seattle-Tacoma-Bellevue.


Demographics of Federal Way zipcode 98003
The median age here is 36.70. This age is 96.6% the national median age.
The number of male residents is 25,048 with a median age of 35.40 years. The number of female residents is 26,703 with a median age of 38.10 years. This yields a ♂ to ♀ ratio of 0.94
The average household is 2.66 persons and has an income of $63,289.
The average family size in Federal Way is 3.49.
Area Code: 253
Time zone: Pacific USA
Region: West - Pacific
Has Daylight Saving: Yes
Businesses: 1,740
Employment: 21,279
Medicare Area: Seattle-Bellevue-Kent, WA
County: KING

Interested in adding this type of zip code level housing statistics to your website? Click here for the QuantaLoan.com city widget code for Federal Way (98003).