Spanaway, WA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Spanaway, WA is $492,000, up 1.4% year-over-year. Homes sell in an average of 58 days with 57 active listings. The market is currently a seller's market.
$492,000median sale price
Is Spanaway a buyer's or seller's market?
Spanaway, WA is currently a seller's market, based on 2.0 months of supply and homes selling in about 58 days. How we determine this →
Homes sold
28
Last 12 weeks
Days on market
58
Average pace
Active listings
57
2.0 months supply
Sale-to-list
100.1%
Above asking
Spanaway, WA market data
| Metric | Value |
|---|---|
| Median sale price | $492,000 |
| Median list price | $499,950 |
| Year-over-year price change | +1.4% |
| Average days on market | 58 days |
| Active inventory | 57 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 100.1% |
| Market condition | Seller's market |
Source: Redfin · Updated weekly
The Spanaway housing market is currently classified as a seller's market with a median sale price of $492,000. Prices have risen 1.4% compared to last year, with homes spending an average of 58 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Spanaway
There are currently 57 homes listed for sale in Spanaway, Washington. The median listing price is $500K.
Active listings
57
Homes on market
Median list price
$500K
Avg. days on market
58
Days until sale
New this week
35
Newly listed
Top public schools in Spanaway
15 schools tracked · 10,207 students
The largest public schools serving Spanaway, 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.
Spanaway Lake High School
Grades 9-12 · 1,804 students
Bethel High School
Grades 9-12 · 1,651 students
Liberty Middle School
Grades 6-8 · 898 students
Cedarcrest Middle School
Grades 6-8 · 706 students
Bethel Middle School
Grades 6-8 · 668 students
Shining Mountain Elementary
Grades K-5 · 626 students
Elk Plain School of Choice
Grades K-8 · 575 students
Evergreen Elementary
Grades K-5 · 533 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Spanaway?
The median home sale price in Spanaway is $492,000, up 1.4% from last year.
How long do homes stay on market in Spanaway?
Homes typically spend 58 days on market before going under contract.
Is Spanaway a buyer's or seller's market?
With 2.0 months of supply, Spanaway is currently a seller's market.
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