Residential

Federal Way, WA Residential Land & Home Lots for Sale

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Federal Way Acreage Opportunity
Updated: Mar 27
Federal Way Acreage Opportunity

26xx SW 308th, Federal Way, WA 98023

$75,000
2 sqft 2.17 AC lot
2.17 acres across two tax parcels offering flexibility for building one or two homes (buyer to verify feasibility).
Secluded, wooded setting providing privacy and tranquility.
Opportunity to create a custom home, large garage/shop, or garden space.
Zoned residential with nearby access to utilities.
Excellent price for acreage in Federal Way.
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Vacant Land
Updated: Aug 5
Vacant Land

32257 39th Ave S, Federal Way, WA 98001

$169,000
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Vacant Land
Vacant Land

32227 Military Rd S, Federal Way, WA 98001

$214,888

Residential land & home lots

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See hot listings in Federal Way

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Land/Lot
Land/Lot

29438 10th Ave SW, Federal Way, WA 98023

$425,000

Waterfront Land

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Federal Way, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Land in Auburn, WA
Residential Land in Auburn, WA

32400 Military Rd S, Auburn, WA

Contact for pricing
15,478 sqft 0.36 AC lot

RM3600 zoned site suitable for up to 4 units.

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Vacant Land
Vacant Land

25 Xxx S 260th St, Kent, WA 98032

$380,000

Residential land & home lots

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Land
Land

26061 Military, Kent, WA 98032

$1,650,000

Residential land & home lots

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Vacant Land / Lots
Vacant Land / Lots

131 XX SE 312th Street, Auburn, WA 98092

$199,950

Residential land & home lots

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Federal Way, WA Residential Land & Home Lots Market Trends and Statistics

Explore 4 residential land & home lots for sale in Federal Way, WA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 94,525 square feet of properties for sale, with an estimated market value of $883,888.

Sale prices for home sites in Federal Way, WA start at $75,000, averaging $220,972, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 12
Residential land & home lots 6
Waterfront Land 2
Industrial land 1

Demographics Overview

Population 138K
Population Growth (5Y) +4.6%
Median Household Income $91,533
College Educated 23.6%

High-Yield Neighborhoods for Investment

Identify Federal Way submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Auburn - 98001 $191.9K
Federal Way - 98003 $327.2K

Taxes & Financing

Tax Rate (average for all types) 1.01%
Property Tax per SF $9.26 per SF
Tax Rate vs County Average 0.17 pp above county avg
Average Loan-to-Value 65.0%

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