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Evergreen Reporter

Sunday, September 22, 2024

Median home prices in South Federal Way (unincorporated) rose to $518,966 in November 2020

Realestate077

The median sale price of a home sold in November 2020 in South Federal Way (unincorporated) rose by $154,716 while total sales decreased by 50%, according to BlockShopper.com.

In November 2020, there were two homes sold, with a median sale price of $518,966 - a 42.5% increase over the $364,250 median sale price for the same period of the previous year. There were four homes sold in South Federal Way (unincorporated) in November 2019.

The median sales tax in South Federal Way (unincorporated) for the most recent year with available data, 2016, was $3,729, approximately 0.7% of the median home sale price for November 2020.

The following table compares South Federal Way (unincorporated) to other King County cities with similar median sale prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Black Diamond24-50%$593,000$444,997.5033.3%
Auburn (unincorporated)111010%$569,380$353,50061.1%
Burien15147.1%$545,950$511,9996.6%
Kent1532-53.1%$540,000$433,95024.4%
Ravensdale (unincorporated)42100%$520,000$489,9756.1%
South Federal Way (unincorporated)24-50%$518,966$364,25042.5%
Maple Valley1624-33.3%$510,000$444,50014.7%
Kent (unincorporated)1529-48.3%$480,000$465,0003.2%
Seatac990%$477,000$414,95015%
Covington11837.5%$475,000$441,5007.6%
Seattle (unincorporated)920-55%$470,000$423,90010.9%

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