What are the most expensive neighborhoods in Federal Way, WA?

The neighborhoods with the highest median home values in Federal Way, WA include: Marine Hills ($844,460), Campus Highlands ($748,592), Buenna ($734,225), Adelaide ($715,637), Alderbrook ($635,492).

What are the most affordable neighborhoods in Federal Way, WA?

The neighborhoods with the lowest median home values in Federal Way, WA include: Kitts Corner ($343,045), Lake Ota ($418,739), West Campus ($458,182), Redondo ($472,364), Mirror Lake ($529,372).

Which Federal Way, WA neighborhoods have the fastest growing home values?

Neighborhoods with the highest year-over-year value growth in Federal Way, WA include: Mirror Lake (0.8%), Laurelwood (0.6%), Steel Lake (0.1%).

Twin Lakes, WA Housing Market

$593,520

1.7% 1-yr

The average Twin Lakes, WA home value is $593,520, down 1.7% over the past year, and homes go to pending in around 15 days. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Twin Lakes Key Takeaways

Typical Home Values: $593,520

1-Year Value Change: -1.7%

(Data through July 31, 2026)

Twin Lakes Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 77 (July 31, 2026)

New Listings: 30 (July 31, 2026)

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: $630,832 (July 31, 2026)

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: 15 (July 31, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Alderbrook$626,564
Lake Ota$431,753
Northeast Tacoma$651,808
Dash Point--
Adelaide$711,424
Madrona$597,537
West Campus$476,954
Campus Highlands$740,540
Mirror Lake$525,050

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Twin Lakes Rental Market Trends

Average Rent: --

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.