
Alderbrook, WA Housing Market
$616,299
2.3% 1-yrThe average Alderbrook, WA home value is $616,299, down 2.3% 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.
Alderbrook Key Takeaways
Typical Home Values: $616,299
1-Year Value Change: -2.3%
(Data through August 31, 2026)
Alderbrook Housing Market Overview
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Lake Ota$423,167
- West Campus$466,094
- Twin Lakes$581,329
- Madrona$585,633
- Campus Highlands$725,263
- Mirror Lake$514,731
- Adelaide$697,214
- Buenna$713,097
- Kitts Corner$340,223
Zillow is more than a place to browse homes. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
Alderbrook Rental Market Trends
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%).
