Spokane Valley, WA Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Spokane Valley, WA is $389,500, down 15.1% year-over-year. Homes sell in an average of 65 days with 186 active listings. The market is currently a balanced market.
$389,500median sale price
Is Spokane Valley a buyer's or seller's market?
Spokane Valley, WA is currently a balanced market, based on 2.7 months of supply and homes selling in about 65 days. How we determine this →
Homes sold
70
Last 12 weeks
Days on market
65
Average pace
Active listings
186
2.7 months supply
Sale-to-list
99.1%
Below asking
Spokane Valley, WA market data
| Metric | Value |
|---|---|
| Median sale price | $389,500 |
| Median list price | $440,000 |
| Year-over-year price change | -15.1% |
| Average days on market | 65 days |
| Active inventory | 186 listings |
| Months of supply | 2.7 months |
| Sale-to-list price ratio | 99.1% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Spokane Valley housing market is currently classified as a balanced market with a median sale price of $389,500. Prices have fallen 15.1% compared to last year, with homes spending an average of 65 days on market, indicating 2.7 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 Valley
There are currently 186 homes listed for sale in Spokane Valley, Washington. The median listing price is $440K.
Active listings
186
Homes on market
Median list price
$440K
Avg. days on market
65
Days until sale
New this week
73
Newly listed
Top public schools in Spokane Valley
35 schools tracked · 14,439 students
The largest public schools serving Spokane Valley, 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.
University High School
Grades 9-12 · 1,395 students
Central Valley High School
Grades 9-12 · 1,336 students
East Valley High School
Grades 9-12 · 926 students
Sunrise Elementary
Grades PK-5 · 657 students
Evergreen Middle School
Grades 6-8 · 636 students
Opportunity Elementary
Grades PK-5 · 618 students
Greenacres Elementary
Grades K-5 · 614 students
Riverbend Elementary School
Grades K-5 · 602 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 Spokane Valley?
The median home sale price in Spokane Valley is $389,500, down 15.1% from last year.
How long do homes stay on market in Spokane Valley?
Homes typically spend 65 days on market before going under contract.
Is Spokane Valley a buyer's or seller's market?
With 2.7 months of supply, Spokane Valley is currently a balanced market.
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