ZIP 98003 · Federal Way, WA

98003 Federal Way, WA Housing Market

Monthly housing intelligence for ZIP 98003, Federal Way, WA. Latest data: May 2026.

Median listing price

$499,950

MoM -6.3% · YoY -4.8%

Active listings

YoY +20.0%

Median days on market

YoY +0.0%

New listings

YoY +44.4%

Pending listings

Pending ratio 0.56

Price reduced share

24.4%

YoY +7.3%

Median $ / sqft

$326

YoY -5.4%

Median sqft

1,445

Average listing price

$567,085

YoY +5.6%

Total listings

118

Nearby ZIPs

98023

Federal Way, WA

$667,500

95 active · 37 DOM

Month	Median price	Active	DOM	Pending ratio
May 2026	$499,950	78	31	0.56
April 2026	$533,495	61	37	0.66