Spokane, WA

Balanced market-0.3% YoY

Housing market overview · Updated weekly

$355,000median sale price

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

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

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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.

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