$1,738
- 1 bd
- 1 ba
- 674 sqft
31224 Pete Von Reichbauer Way S #B301
Steel Lake, WA Housing Market
$556,659
0.5% 1-yrThe average Steel Lake, WA home value is $556,659, up 0.5% over the past year. (Updated on )
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.
Steel Lake Key Takeaways
Typical Home Values: $556,659
1-Year Value Change: +0.5%
(Data through September 30, 2026)
Steel Lake Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 12 ()
New Listings: --
Median Sale to List Ratio: --
Median Sale Price: --
Median List Price: --
Percent of Sales Over List Price: --
Percent of Sales Under List Price: --
Median Days to Pending: --
(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.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Laurelwood$577,592
- Marine Hills$815,006
- Mirror Lake$505,388
- Lakeland North$583,593
- Redondo$482,971
- Buenna$708,613
- Redondo$735,367
- West Campus$459,089
- Kitts Corner$336,373
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Steel Lake Rental Market Trends
Average Rent: --
National Average Rent: $1,932 ()
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.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
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 ($821,839), Campus Highlands ($725,263), Buenna ($713,097), Adelaide ($697,214), Alderbrook ($616,299).
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 ($340,223), Lake Ota ($423,167), West Campus ($466,094), Redondo ($488,521), Mirror Lake ($514,731).
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: Laurelwood (1.3%), Steel Lake (0.8%), Mirror Lake (0.6%), Marine Hills (0.4%).
