Spokane, WA Housing Market & Real Estate

Balanced market-0.3% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Spokane, WA is $355,000, down 0.3% year-over-year. Homes sell in an average of 51 days with 495 active listings. The market is currently a balanced market.

$355,000median sale price

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

Balanced market2.8 months of supply51 avg. days on market

Spokane, WA is currently a balanced market, based on 2.8 months of supply and homes selling in about 51 days. How we determine this →

Homes sold

178

Last 12 weeks

Days on market

51

Average pace

Active listings

495

2.8 months supply

Sale-to-list

99.6%

Below asking

Spokane, WA market data

Current housing market statistics for Spokane, WA
MetricValue
Median sale price$355,000
Median list price$379,999
Year-over-year price change-0.3%
Average days on market51 days
Active inventory495 listings
Months of supply2.8 months
Sale-to-list price ratio99.6%
Market conditionBalanced market

Source: Redfin · Updated weekly

The Spokane housing market is currently classified as a balanced market with a median sale price of $355,000. Prices have fallen 0.3% compared to last year, with homes spending an average of 51 days on market, indicating 2.8 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 Spokane

There are currently 495 homes listed for sale in Spokane, Washington. The median listing price is $380K. Featured listings range from $124,090 to $879,900.

land for sale at 1205 N Country Club Dr Spokane - $124,090
$124,090

1205 N Country Club Dr

Spokane, WA

Land4,500 sqft lot
More about this property
land for sale at 11615 S Elk Run Ln Spokane - $249,900
$249,900

11615 S Elk Run Ln

Spokane, WA

Land1.09 acres
More about this property
2 bedroom house for sale at 4923 N Cook St Spokane - $249,900
$249,900

4923 N Cook St

Spokane, WA

2 bd1 ba765 sqft
House6,500 sqft lot
More about this property
3 bedroom townhouse for sale at 5248 E Liberty Ln Spokane - $331,995
$331,995

5248 E Liberty Ln

Spokane, WA

3 bd2 ba1,383 sqft
Townhouse
More about this property
4 bedroom house for sale at 1907 N Nelson St Spokane - $349,900
$349,900

1907 N Nelson St

Spokane, WA

4 bd2 ba
House6,600 sqft lot
More about this property
3 bedroom house for sale at 5329 N Sun Beam Ln Spokane - $534,990
$534,990

5329 N Sun Beam Ln

Spokane, WA

3 bd3 ba1,805 sqft
House
More about this property
4 bedroom house for sale at 15908 N Azure Dr Spokane - $539,900
$539,900

15908 N Azure Dr

Spokane, WA

4 bd2 ba3,032 sqft
House15,682 sqft lot
More about this property
3 bedroom house for sale at 1502 W 68th Ave Spokane - $579,990
$579,990

1502 W 68th Ave

Spokane, WA

3 bd3 ba2,250 sqft
House
More about this property
4 bedroom house for sale at 1542 W 68th Ave Spokane - $604,990
$604,990

1542 W 68th Ave

Spokane, WA

4 bd3 ba2,258 sqft
House
More about this property
4 bedroom house for sale at 11116 E Fruit Hill Rd Spokane - $649,900
$649,900

11116 E Fruit Hill Rd

Spokane, WA

4 bd4 ba4,054 sqft
House20,038 sqft lot
More about this property
4 bedroom house for sale at 2205 W Cascade Way Spokane - $715,000
$715,000

2205 W Cascade Way

Spokane, WA

4 bd3 ba2,387 sqft
House10,019 sqft lot
More about this property
3 bedroom house for sale at 8816 E Woodland Park Dr Spokane - $879,900
$879,900

8816 E Woodland Park Dr

Spokane, WA

3 bd3 ba3,590 sqft
House21,344 sqft lot
More about this property

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Active listings

495

Homes on market

Median list price

$380K

Avg. days on market

51

Days until sale

New this week

231

Newly listed

Price drops:27.3%of listings
Sale-to-list:99.6%

Top public schools in Spokane

50 schools tracked · 32,185 students

The largest public schools serving Spokane, 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.

Mead Senior High School

Grades 9-12 · 1,805 students

Public

Ferris High School

Grades 9-12 · 1,674 students

Public

Lewis & Clark High School

Grades 9-12 · 1,672 students

Public

North Central High School

Grades 6-12 · 1,624 students

Public

Rogers High School

Grades 9-12 · 1,511 students

Public

Shadle Park High School

Grades 9-12 · 1,423 students

Public

Sacajawea Middle School

Grades 6-8 · 985 students

Public

West Valley High School

Grades 9-12 · 821 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Explore nearby cities in WA

Frequently asked questions

What is the average home price in Spokane?

The median home sale price in Spokane is $355,000, down 0.3% from last year.

How long do homes stay on market in Spokane?

Homes typically spend 51 days on market before going under contract.

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

With 2.8 months of supply, Spokane is currently a balanced market.

How many homes are for sale in Spokane?

There are currently 495 homes listed for sale in Spokane, WA.

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