Federal Way in Miami

Federal Way
Homes for Sale in Miami, FL

All 5,161 homes for sale in Miami, FL · median $524,900 · 152 homes for sale in 33138 · Miami-Dade County homes for sale

Community in Miami · Miami-Dade County · ZIP 33138
Median sale $858K
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Photo via MIAMI MLS

Built fromLive MIAMI MLS dataUpdated twice daily

As of November 2026, Federal Way in Miami, FL has 3 homes for sale. Over the 12 months ending 2026-11-10, 4 recorded sales closed at a median of $857,500, $677 per square foot, a median 47 days on market, sellers accepting 94% of original asking. At the median price and Miami-Dade County's FY2025-26 rate of 17.59 mills, annual property tax runs about $15,090 ($14,370 with the full homestead exemption).

Last 30 days in Federal Way: 1 new listing (median asking $1,995,000). As of November 12, 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.

Live · Federal Way Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$858K
Median sold · 12 mo
$677/sf
Sold $/sqft · 12 mo
peak $677 in 2026
94.2%
Sale vs ask
Tempo
9.0mo
Supply
3 to 6 months is the balanced band
47days
Median DOM · closed
47 days at the 2026 low
0%
Under contract
Miami-Dade: 13% (2,241 of 16,748)
3 · 0
For sale · pending
live counts, refreshed twice daily
4
Sold · last 12 mo
10-yr average: about 4 a year
Track record · 0 years of records
1,352sqft
Median sold home size
12-mo windows, closed sales
Federal Way Housing Pulse · Momentum Research · as of November 10, 2026

Federal Way right now

🟢 Buyer-leaning market. 9.0 months of supply and 0% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of MIAMI MLS records, as of November 10, 2026. Confidence: Medium (3 active and pending listings, 4 closed sales in 12 months).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

· Updated November 13, 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 November 10, 2026): the median sale price is about $858K ($677 per sq ft over the trailing 12 months of closed sales), a median 47 days on market for closed sales, and 9.0 months of supply, a buyer-leaning market.

In ZIP 33138 (Miami), 43 homes closed in the last 12 months at a median of $1.13M ($666/sq ft), with a median 93 days on market. Right now 44 active and 9 pending listings put supply at about 12.3 months — a soft 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 1,485 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.

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 2026-11-12, 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 2026 through 2026. Tap any home to ask about it.

If we were buying in Federal Way today, this is the order of operations we would run for our clients.

1

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.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

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 $677 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.

Inventory runs at 9.0 months of supply, a buyer-leaning market. Homes that do trade take a median 47 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.

Jon Brooks · Founder, Momentum Realty
The takeaway

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.

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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Real comps, not an automated estimate.

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. 5 on record.

Federal Way key facts
LocationMiami, Miami-Dade County, FL · ZIP 33138
Sale prices, last 12 months$857,500 median across 4 closed sales · $677 per sq ft
Days on market (closed sales)47 median
For sale right now3 active, 0 pending · median asking $1,200,000 · 9.0 months of supply

Data as of November 10, 2026. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2026 through 2026. Market figures describe homes, not residents. Cite as: Momentum Realty, “Federal Way key facts,” movewithmomentum.com/neighborhoods/federal-way, data as of November 10, 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.

Checked against the MLS nightly. All new listings in this market.

Every Home for Sale in Federal Way Right Now (2)

All 2 active and pending Federal Way listings with a detail page, newest first, refreshed twice a day from the MLS.

Streets in this community

Street-level pages: every home on record, what sold and what is for sale on each street.

Email me new listings in Federal Way

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.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about Federal Way

Have a question about the homes, fees, rules or commute here? A Momentum agent who works Federal Way will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

How much local inventory is already under contract

16% 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 (2026-11-13).

Frequently Asked Questions

What is the median home price in Federal Way?
The median sale price in Federal Way was $858K over the 12 months ending November 10, 2026 (4 closed sales, MIAMI MLS).
How long do homes in Federal Way take to sell?
Homes that closed in the 12 months ending November 10, 2026 took a median 47 days on market (4 sales, MIAMI MLS).
Is Federal Way a buyer's or seller's market right now?
As of November 10, 2026, Federal Way leans toward buyers: 9.0 months of supply at the current sales pace (MIAMI MLS live counts).
Who is the best real estate agent for Federal Way?
The best agent for Federal Way is one who actively works Miami and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for Federal Way.
How do I find a top Miami real estate agent who knows Federal Way?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows Federal Way and the wider Miami area.
Can Momentum Realty connect me with an agent for Federal Way?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your Federal Way purchase or sale - no call center and no pressure.
Where is Federal Way, and what county is it in?
Federal Way is in Miami, Miami-Dade County, FL, ZIP 33138.

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: November 12, 2026)
Community market statsMIAMI MLS closed sales, 12-month windows ending November 10, 2026
Under-contract sharesMIAMI MLS records, as of 2026-11-10
Historical depthClosed-sale records back to 2026 (4 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?

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. A Momentum agent can price yours against live local comps.

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More on Federal Way

Nearby Communities

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