Federal Way
Homes for Sale in Miami, FL
All 4,658 homes for sale in Miami, FL · median $520,990 · 146 homes for sale in 33138 · Miami-Dade County homes for sale
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of October 2026, Federal Way in Miami, FL has 4 homes for sale, asking from $895,000 to $1,200,000 (median $1,015,000). Over the 12 months ending 2026-09-20, 7 recorded sales closed at a median of $821,000, $637 per square foot, a median 48 days on market, sellers accepting 94% of original asking (+26% versus the prior year). Homes listed or recently sold were built 1939–1940. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $14,440 ($13,730 with the full homestead exemption).
Last 30 days in Federal Way: 1 new listing (median asking $895,000). As of October 20, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.
Homes For Sale Right Now in Federal Way
Live MLS inventory for Federal Way. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active and pending Federal Way listings as of 2026-10-18, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Tap any home to ask about it.
Federal Way right now
🟢 Still climbing. The trailing-12-month median ($821K) is up 26.3% from the prior 12 months ($650K) and up 599% since 2012. With about 6 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending September 20. Confidence: Low (7 and 3 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
· Updated October 20, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Federal Way market snapshot (as of September 20, 2026): the median sale price is about $821K ($637 per sq ft over the trailing 12 months of closed sales), and a median 48 days on market for closed sales. The trailing-12-month median is up 26% from the prior 12 months and up 599% since 2012, computed from record-level MIAMI MLS closed sales (7 closings in the current window).
In ZIP 33138 (Miami), 220 homes closed in the last 12 months at a median of $821K ($536/sq ft), up 10.0% year over year, with a median 77 days on market. Right now 116 active and 26 pending listings — a buyer's market. See the live ZIP 33138 housing market and the Miami-Dade County market.
MIAMI REALTORS sales records identify 85 homes in FEDERAL WAY that have changed hands since 2006, built between 1925 and 2021 (median 1939), with a median living area of about 1,481 sq ft and a typical 3-bedroom, 2-bath layout; 99% are single-family homes. Source: MIAMI REALTORS closed-sale history compiled by Momentum Research; counts reflect homes with a recorded MLS sale, not every home in the community.
The setting & the homes.
Aerial and on-site photos of Federal Way. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Federal Way
Federal Way
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Federal WayPhotos from MIAMI MLS listings in Federal Way; content deemed reliable but not guaranteed.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($821K) IS the median in the snapshot above, and the move from 2025 ($650K) IS the +26.3% one-year change.
Windows contain 1 to 11 sales each (7 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Deemed reliable but not guaranteed.
The real cost & risk here
Before the list price, the Florida math the portals skip. These are Miami-Dade County typicals — your exact home, flood zone, and insurance quote will vary, so verify each before you offer.
Check it for your address: look up your flood zone (FEMA) · insurance by county · true-cost calculator · Miami-Dade County scorecard.
County typicals from Momentum’s Florida housing data (Zillow & Realtor.com aggregates, Census, FRED), updated monthly; insurance modeled. Flood zone is property-specific — always confirm via FEMA.
15% of homes for sale in ZIP 33138 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-10-20).
Federal Way Market Scorecard
Federal Way is currently a balanced market., a median asking price of $1,015,000, and homes go under contract in about 80 days.
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.
The Federal Way buying strategy.
If we were buying in Federal Way today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Federal Way.
A closer look at the Federal Way market
At a median of $637 per square foot, Federal Way prices sit in a fairly defined band, so condition and updates — more than the list price — tend to separate one home from the next.
The trailing-12-month median up 26% year over year. Homes that do trade take a median 48 days on market, useful leverage on any listing that has lingered.
The location and the amenities are priced into every listing in Federal Way. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Federal Way buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (8.6). Basis: Long-Term Appreciation +599% since 2012; Recent Direction +26.3% year-over-year; Pricing Power 93.5% sale-to-list. Refreshed with each data update.
What it really costs to own in Federal WayHomes for Sale
The parts of the monthly number a mortgage calculator leaves out, from the tax roll, the MLS, Citizens and FEMA. Property facts only.
| Property tax | Current owners' bills run a median of $14,506/yr across 4 listings here (MLS tax records, 2026-10-20). |
|---|---|
| Home and flood insurance | The average Citizens Property Insurance premium in Miami-Dade County is $1,891/yr (56,357 policies, Citizens detail by county, April 2026); private-market quotes depend on roof age, wind mitigation and construction. |
| Roof and age | Median build year 1939 across 4 listings. An original roof here would be about 87 years old; under Florida's 2022 reform (SB 2-D) carriers may require an inspection past 15 years, so budget for a roof report, and for replacement where it fails. |
Email me new listings in Federal WayHomes for Sale
One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.
Ask an agent about Federal WayHomes for Sale
Have a question about the homes, fees, rules or commute here? A Momentum agent who works Federal WayHomes for Sale will answer, and the answer is published on this page for the next buyer.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Federal Way buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Federal Way sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Federal Way, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Federal Way home worth?
Get a no-obligation home value based on real comparable sales in Federal Way, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
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Recently off market in FEDERAL WAY
Homes in FEDERAL WAY that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 2 on record.
- 451 NE 73rd St · off market
- 454 NE 76th St · off market
| Location | Miami, Miami-Dade County, FL · ZIP 33138, 33168 |
|---|---|
| Sale prices, last 12 months | $821,000 median across 7 closed sales · $637 per sq ft · +26.3% vs the prior 12 months |
| Days on market (closed sales) | 48 median |
| For sale right now | 4 active, 0 pending · median asking $1,015,000 |
Data as of September 20, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2012 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Federal Way key facts,” movewithmomentum.com/neighborhoods/federal-way, data as of September 20, 2026.
Just listed in Federal Way
The newest homes for sale in Federal Way right now, newest first. Each link opens the full listing with every photo, the price history and a tour request.
- 510 NE 72Nd St $895,000 · 3 bd · 2 ba · 1,725 sq ft · 1 day on market Courtesy of Sterling Equity Realty LLC
- 443 NE 71St St $1,200,000 · 3 bd · 3 ba · 1,990 sq ft · 63 days on market Courtesy of Smart Luxe
- 424 NE 72Nd Street $985,000 · 4 bd · 2 ba · 1,884 sq ft · 80 days on market Courtesy of Miller Realty South LLC
- 555 NE 73Rd St $1,045,000 · 4 bd · 3 ba · 1,517 sq ft · 112 days on market Courtesy of DLS International Realty
Checked against the MLS Oct 20, 2026. All new listings in this market.
Every Home for Sale in Federal Way Right Now (4)
All 4 active and pending Federal Way listings with a detail page, newest first, refreshed twice a day from the MLS.
- 510 NE 72nd St · $895,000 · 3 bd / 2 ba · listed Sep 10, 2026 · listed by Sterling Equity Realty LLC
- 443 NE 71st St · $1,200,000 · 3 bd / 3 ba · listed Aug 7, 2026 · listed by Smart Luxe
- 424 NE 72nd Street · $985,000 · 4 bd / 2 ba · listed Jul 26, 2026 · listed by Miller Realty South LLC
- 555 NE 73rd St · $1,045,000 · 4 bd / 3 ba · listed Jul 22, 2026 · listed by DLS International Realty
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- ZIP 33138 housing scorecard
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Miami guides & data
Florida buyer guides
- Florida home insurance rates by county
- Florida property tax by county
- Florida property tax calculator
- What flood zone X means
- The 4-point inspection, explained
- Florida flood insurance calculator
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Streets in this community
Street-level pages: every home on record, what sold and what is for sale on each street.
- NE 76Th Street (9 homes on record)
- NE 74Th Street (9 homes on record)
- NE 74 Street (8 homes on record)
- NE 76 Street (8 homes on record)
- NE 72Nd Street (6 homes on record)
- NE 73Rd Street (5 homes on record)
- NE 72 Street (5 homes on record)
- NE 71St Street (4 homes on record)
- NE 75Th Street (3 homes on record)
- NE 73 Street (3 homes on record)
- NE 5Th Avenue (2 homes on record)
- NE 71 Street (2 homes on record)
Frequently Asked Questions
What is the median home price in Federal Way?
How long do homes in Federal Way take to sell?
Have Federal Way home prices gone up?
Who is the best real estate agent for Federal Way?
How do I find a top Miami real estate agent who knows Federal Way?
Can Momentum Realty connect me with an agent for Federal Way?
Where is Federal Way, and what county is it in?
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: October 18, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 20, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-20 |
| Historical depth | Closed-sale records back to 2012 (86 transactions analyzed) |
Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.
Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.
Looking to buy here? Search homes for sale →
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A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.
See how FEDERAL WAY fits the bigger picture — live prices, inventory, and Momentum Scores:
More on Federal Way
- Home values · What homes in Federal Way actually sell for
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