Condo Search · Federal Way, WA
Federal Way condos.
Federal Way condos range from entry-level units to luxury penthouses — but the right condo purchase comes down to HOA health, building condition, and location fundamentals that listing photos don't show. RexMont's agents dig into the details before advising clients.
Market context
What buyers and sellers should know.
Federal Way condo inventory fluctuates with new construction cycles. Resale condos in established buildings with strong HOA finances often offer better long-term value than newer buildings still working through construction defect periods.
Federal Way homes are currently priced around $400K median (roughly $308/sqft), with an average of 39 days on market. The area is served by the Federal Way School District, and top local employers include MultiCare Lakewood, Weyerhaeuser, and Amazon. Primary commute corridors connect to Federal Way Transit Center (Link extension) and I-5.
RexMont Real Estate is Seattle and the Eastside's most-reviewed brokerage — 1,235+ five-star Google reviews and over $1 billion in closed transactions across 1,200+ deals.
Before you buy
What to know about condos in Federal Way.
HOA reserves and financials
Request the reserve study, current budget, and 2 years of meeting minutes. Low reserves mean future special assessments. Look for buildings with reserves above 70% funded.
Pending litigation
Buildings with active construction defect litigation may be ineligible for conventional financing. Ask your agent to confirm the building's litigation status before writing an offer.
Owner-occupancy ratio
Fannie Mae requires at least 51% owner-occupied units for conventional financing. High investor ratios can also affect community quality and HOA engagement.
Rental and pet restrictions
Federal Way condo buildings vary on rental caps, short-term rental rules, and pet policies. Confirm before buying if these affect your plans.
Tools & insights
Resources for Federal Way buyers and sellers.
Mortgage calculator
Estimate monthly payments and total interest.
Home value estimate
Get an agent-prepared estimate of your Federal Wayhome's value.
Cost of buying a home
Closing costs, reserves, and what to have liquid before you start.
All Federal Way homes
Browse every Federal Way listing and neighborhood guide.
Active homes for sale in Federal Way
The latest active NWMLS listings in Federal Way, refreshed hourly.
ActiveNew today$589,950
MLS# 253235430032 5th Avenue Sw
Federal Way, WA 98023
3 bd1 ba1,012 sqftListing courtesy of COMPASS
Active1 day on market$49,900
MLS# 25322212424 S 260th Street #40
Federal Way, WA 98032
2 bd1 baListing courtesy of Keller Williams Western Realty
Active1 day on market$775,000
MLS# 253086734940 7th Avenue Sw
Federal Way, WA 98023
4 bd2 ba2,610 sqftListing courtesy of NextHome Prolific
Active1 day on market$323,000
MLS# 25038451040 S 320th Street #19
Federal Way, WA 98003
2 bd1.5 baListing courtesy of eXp Realty
Active1 day on market$770,000
MLS# 25226401952 S 371st Pl
Federal Way, WA 98003
4 bd2.5 ba2,460 sqftListing courtesy of Windermere Prof Partners
ActiveNew today$425,000
MLS# 253239236529 6th Avenue Sw
Federal Way, WA 98023
3 bd1 ba1,368 sqftListing courtesy of KW Lake Washington So
Listing data courtesy of NWMLS. Provided for the consumer's personal, non-commercial use.
Ready to find condos in Federal Way?
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Common questions
Federal Way condos FAQ.
- How do I find condos for sale in Federal Way?
- RexMont tracks Federal Way condo inventory across all buildings, including off-market opportunities. Your agent can filter by price, HOA fees, building age, and unit type.
- What HOA fees should I expect for a condo?
- HOA fees vary widely by building, size, and included services. Typical ranges are $300–$800/month for mid-range buildings and $800–$2,000+/month for luxury high-rises. Always factor HOA fees into your total monthly cost comparison.