Steel Lake, Federal Way Real Estate & Homes For Sale
20 homes
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0.69 ACRESNWMLS as distributed by MLS GRID, Active
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NEW CONSTRUCTIONBUILDABLE PLAN$881,375+
4 Beds
3.5 Baths
2,811 sqftThe Sterling-2 Plan in Summit at Steel Lake,
Federal Way, WA 98003
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AUCTION1.08 ACRES
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NEW CONSTRUCTIONQUICK MOVE-IN
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Real Estate & Homes For Sale Near Steel Lake, Federal Way, WA
We found 30 more homes matching your filters just outside Steel Lake
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0.57 ACRESNWMLS as distributed by MLS GRID, Active
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OPEN SAT, 12-2PM0.27 ACRESNWMLS as distributed by MLS GRID, Active
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AUCTION
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NWMLS as distributed by MLS GRID, Active
NWMLS as distributed by MLS GRID, Active
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3 More Homes
We found 3 more homes that match your search in other listings.
Steel Lake, Federal Way, WA Real Estate Trends
Learn about the Steel Lake, Federal Way, WA housing market through trends and averages.Affordability of Living in Steel Lake, Federal Way, WA
The median home value is $577,499
| Month | Median home value |
|---|---|
| May 2025 | $577k |
| June 2025 | $573k |
| July 2025 | $570k |
| August 2025 | $570k |
| September 2025 | $571k |
| October 2025 | $574k |
| November 2025 | $576k |
| December 2025 | $579k |
| January 2026 | $581k |
| February 2026 | $582k |
| March 2026 | $581k |
| April 2026 | $577k |
Trends and affordability stats are provided by third party data sources.
Average Home Value in Steel Lake, Federal Way, WA, by Home Size
| Home Size | Home Value* |
|---|---|
| 2 bedrooms (See homes) | $285,660 |
| 3 bedrooms (See homes) | $554,833 |
| 4 bedrooms (See homes) | $663,692 |
Explore the Neighborhood
Neighborhood stats provided by third party data sources.
What Locals Say about Steel Lake
Based on information submitted to the MLS GRID as of 2026-05-22 01:24:02 PDT. All data is obtained from various sources and may not have been verified by broker or
MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by
the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS Click here for more information
