Living in Federal Way, Washington
Living in Federal Way, Washington
Federal Way, Washington, is a vibrant city located between Seattle and Tacoma, offering residents a unique blend of suburban tranquility and urban accessibility. With a population of approximately 97,863, Federal Way provides a diverse community atmosphere. Its strategic location near major employment centers like downtown Seattle, Bellevue, Everett, and Tacoma makes it an attractive place to live for those seeking both convenience and a high quality of life.
Real Estate Market in Federal Way
The real estate market in Federal Way has experienced notable growth over the past decade. As of 2024, the average home value in the city is $584,009, reflecting a 3.7% increase over the past year. This upward trend indicates a healthy and appreciating market, making it a promising area for potential homeowners and investors.
The housing options in Federal Way are diverse, ranging from single-family homes to townhouses and condominiums. The median listing home price is $615,000, with a median listing price per square foot of $326. This variety caters to different preferences and budgets, ensuring that prospective buyers can find properties that meet their specific needs.
Community Overview
Federal Way boasts a rich array of amenities that enhance the quality of life for its residents. The city is home to 32 parks, including Celebration Park, which features sports fields, walking trails, and hosts community events. The Federal Way Community Center offers a state-of-the-art facility with fitness classes, swimming pools, a gymnasium, and a climbing pinnacle, serving as a hub for recreational activities.
The city’s dining scene is diverse, with award-winning restaurants along Pacific Highway and 320th Street, offering a variety of cuisines to satisfy different palates. Shopping enthusiasts can explore The Commons at Federal Way, a regional shopping mall featuring numerous retail stores and eateries.
Federal Way is also known for its cultural attractions, such as the Knutzen Family Theatre, which hosts a variety of performances and events, enriching the community’s cultural landscape.
Nearby Attractions and Activities
Residents of Federal Way have access to a plethora of attractions and activities. The city is home to the Wild Waves Theme & Water Park, offering entertainment for families and thrill-seekers alike. For nature enthusiasts, the West Hylebos Wetlands Park provides serene walking trails amidst lush greenery.
The city’s proximity to Puget Sound allows for various water-related activities, including boating, fishing, and beachcombing. Additionally, the nearby Dash Point State Park offers opportunities for camping, hiking, and picnicking, making it a popular spot for outdoor recreation.
Schools and Education
Education is a cornerstone of the Federal Way community. The city is served by the Federal Way Public Schools district, which operates numerous elementary, middle, and high schools. According to GreatSchools.org, the district offers a range of programs to support student achievement and development.
For higher education, Federal Way is in proximity to institutions such as Highline College and Green River College, providing residents with opportunities for continuing education and professional development.
Transportation
Federal Way’s strategic location offers residents convenient transportation options. The city is intersected by Interstate 5, providing direct routes to Seattle and Tacoma. Public transportation is facilitated by King County Metro and Sound Transit, offering bus services that connect Federal Way to surrounding areas.
The upcoming Federal Way Link Extension, scheduled to open in 2024, will further enhance connectivity by providing light rail service to Seattle, making commuting more efficient for residents.
Why Work With HomePro Associates
Navigating the real estate market in Federal Way requires local expertise and personalized service. HomePro Associates, led by Emily Cressey, is a trusted real estate team dedicated to assisting buyers and sellers in achieving their real estate goals. With a deep understanding of the Federal Way market and a commitment to client satisfaction, HomePro Associates provides comprehensive services tailored to meet individual needs.
Whether you’re looking to buy your dream home or sell your property, HomePro Associates offers the guidance and support necessary to make informed decisions in the Federal Way real estate market.
For more information on nearby neighborhoods, explore our articles on West Campus and Twin Lakes.
Discover the vibrant community of Federal Way and let HomePro Associates assist you in making it your home.
