Under $500K for Sale in Steel Lake, Federal Way, WA
6 homes for sale in Steel Lake, Federal Way, WA, priced from $85,000 to $450,000.
- 6 for sale
- $85K–$450K price range
6 homes The market
How Steel Lake is selling.
NWMLS data as of Sep 24, 2026
- Median sold price, last 90 days
- $534K
- Homes sold, last 90 days
- 11
- Median days on market
- 13
- Sale-to-list price
- 98.8%
- Months of supply, a seller's market
- 3.5
- Median price, year over year
- +19.7%
Under $500K in Steel Lake.
Explore Steel Lake.
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Questions people ask about Steel Lake.
- How many homes are for sale in Steel Lake?
- There are 6 homes for sale in Steel Lake, Federal Way, WA right now, updated from the NWMLS feed.
- What do homes in Steel Lake cost?
- Listings range from $85,000 to $450,000, and the median list price is $270,000.
- How fast do homes sell in Steel Lake?
- Over the last 90 days 11 homes sold in Steel Lake in a median of 13 days, at a median of $534,300.
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Listing information provided by Northwest Multiple Listing Service (NWMLS). Properties displayed may be listed or sold by various participants in the MLS.