Federal Way
Homes for Sale in Miami, FL
True comps, carrying-cost math, and listings before the portals.
Market Heat
Photo via MIAMI MLS
As of September 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 2026-09-12, 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 (+25% 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).
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 2026-09-12, 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 2012 through 2026. Tap any home to ask about it.
Federal Way right now
🟢 Still climbing. The trailing-12-month median ($821K) is up 25.3% from the prior 12 months ($655K) 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 12. Confidence: Low (7 and 4 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 12, 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 12, 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 25% from the prior 12 months and up 599% since 2012, computed from record-level MIAMI MLS closed sales (7 closings in the current window).
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
Federal Way
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 12 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 ($655K) IS the +25.3% 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.
FEDERAL WAY Market Scorecard
FEDERAL WAY is currently a thin data market. Limited supply, a median asking price of $1,015,000, and homes go under contract in about 72 days.
Typical home value in the 33138 ZIP is $806,988, about 126.1% above the Florida norm (Zillow Home Value Index).
Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. 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 25% 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 +25.3% year-over-year; Pricing Power 93.5% sale-to-list. Refreshed with each data update.
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.
See homes for sale in Federal Way on the map →
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?
Nearby Communities
Explore more neighborhoods near Federal Way with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | MIAMI MLS, refreshed twice daily (last: September 12, 2026) |
| Community market stats | MIAMI MLS closed sales, 12-month windows ending September 12, 2026 |
| Under-contract shares | MIAMI MLS records, as of 2026-09-08 |
| 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 →
What’s your home worth in your area?
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: