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Sarah Mitchell

CNESRESABR

Compass Real Estate · Spokane, LA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Spokane, LA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Spokane, LA Housing Market & Real Estate

Buyer's market

Housing market overview · Updated monthly ·

$400,000median sale price

How is the Spokane, LA housing market right now?

The median home sale price in Spokane, LA is $400,000. Homes sell in an average of 343 days with 5 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Spokane a buyer's or seller's market?

Buyer's market5.0 months of supply343 avg. days on market

Spokane, LA is currently a buyer's market, based on 5.0 months of supply and homes selling in about 343 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

343

Average pace

Active listings

5

5.0 months supply

Sale-to-list

86.0%

Below asking

What does the Spokane housing market data show?

Current housing market statistics for Spokane, LA
MetricValue
Median sale price$400,000
Median list price$682,500
Average days on market343 days
Active inventory5 listings
Months of supply5.0 months
Sale-to-list price ratio86.0%
Median price per sq ft$204/sq ft
Homes sold (latest month)1
New listings (latest month)2
Listings with a price cut20.0%
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in Spokane by property type?

How the Spokane, LA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Spokane, LA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$400,000$204/sq ft1343 days

Source: Redfin · Updated monthly

The Spokane housing market is currently classified as a buyer's market with a median sale price of $400,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 343 days on market, indicating 5.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Homes for sale in Spokane

There are currently 5 homes listed for sale in Spokane, Louisiana. The median listing price is $683K.

Active listings

5

Homes on market

Median list price

$683K

Avg. days on market

343

Days until sale

New this week

2

Newly listed

Price drops:20.0%of listings
Sale-to-list:86.0%

Who lives in Spokane?

Population

449

Median income

$101,641/yr

Median age

53.5 years

Owner-occupied

85.5%

College grads

32.0%

Avg commute

43.6 min

Source: U.S. Census Bureau ACS

What is it like to live in Spokane?

Spokane is a community of approximately 0K residents with a median age of 53.5 years.The median household income is $101,641, which reflects a relatively affluent area with strong earning potential. 32.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 85.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 43.6 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Spokane offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Spokane, LA?

Want a head-to-head view? Compare Spokane side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Spokane?

The median home sale price in Spokane is $400,000, down 0.0% from last year.

How long do homes stay on market in Spokane?

Homes typically spend 343 days on market before going under contract.

What is the median income in Spokane?

The median household income is $101,641 per year.

Is Spokane a buyer's or seller's market?

With 5.0 months of supply, Spokane is currently a buyer's market.

How much does a single-family home cost in Spokane?

The median single-family home price in Spokane, LA is $400,000 (about $204 per square foot).

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