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Featured local agent — Palouse, WA
Sarah Mitchell
Compass Real Estate · Palouse, WA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Palouse, WA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$434,500median sale price
How is the Palouse, WA housing market right now?
The median home sale price in Palouse, WA is $434,500. Homes sell in an average of 47 days with 6 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Palouse a buyer's or seller's market?
Palouse, WA is currently a balanced market, based on 3.0 months of supply and homes selling in about 47 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
47
Average pace
Active listings
6
3.0 months supply
Sale-to-list
100.0%
Above asking
What does the Palouse housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $434,500 |
| Median list price | $279,000 |
| Average days on market | 47 days |
| Active inventory | 6 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $212/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Listings with a price cut | 66.7% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Palouse by property type?
How the Palouse, WA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $434,500 | $212/sq ft | 2 | 47 days |
Source: Redfin · Updated monthly
The Palouse housing market is currently classified as a balanced market with a median sale price of $434,500. Prices have fallen 0.0% compared to last year, with homes spending an average of 47 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.9x provides context for how home values compare to local earning capacity.
Homes for sale in Palouse
There are currently 6 homes listed for sale in Palouse, Washington. The median listing price is $279K.
Active listings
6
Homes on market
Median list price
$279K
Avg. days on market
47
Days until sale
New this week
3
Newly listed
Who lives in Palouse?
Population
1,131
Median income
$92,875/yr
Median age
43.1 years
Owner-occupied
86.0%
College grads
47.2%
Avg commute
21.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Palouse?
Zillow home value
$360,721
Price-to-income
3.9x
Source: Zillow Research
What is it like to live in Palouse?
Palouse is a community of approximately 1K residents with a median age of 43.1 years.The median household income is $92,875, which reflects a relatively affluent area with strong earning potential. 47.2% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 86.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Palouse offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Palouse?
4 schools tracked · 219 students
The largest public schools serving Palouse, WA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Palouse Elementary
Grades PK-5 · 90 students
Palouse High School
Grades 9-12 · 49 students
Garfield at Palouse High School
Grades 9-12 · 41 students
Palouse at Garfield Middle School
Grades 6-8 · 39 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Palouse, WA?
Want a head-to-head view? Compare Palouse side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Palouse?
The median home sale price in Palouse is $434,500, down 0.0% from last year.
How long do homes stay on market in Palouse?
Homes typically spend 47 days on market before going under contract.
What is the median income in Palouse?
The median household income is $92,875 per year.
Is Palouse a buyer's or seller's market?
With 3.0 months of supply, Palouse is currently a balanced market.
What is the Zillow home value estimate for Palouse?
The Zillow Home Value Index (ZHVI) for Palouse is $360,721, representing the typical home value in the area.
How much does a single-family home cost in Palouse?
The median single-family home price in Palouse, WA is $434,500 (about $212 per square foot).
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