Median home value in zip code 98003 (Federal Way, WA) is $557,009, down 0.9% year over year. Part of the Seattle-Tacoma-Bellevue, WA metropolitan area.

Home Value$557,009

YoY Change

-0.9%

Prices falling — better for buyers.

Affordability

Enter your income for 98003 (Federal Way).

Income (annual)

Down Payment

$111,402 on $557,009

Example: $75,000 household income. Change it above to see your own.

Out of reach53.8% of income

Need $144,214/yr to afford.

PITI$3,365

P/I53.8%

Afford$290K

Gap-$267K

P&I $2,817Tax $432Ins $117

6.50% 30yr, 20% down, county tax + WA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

98003 is part of the Seattle-Tacoma-Bellevue, WA metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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