Spokane Valley, WA

Balanced market-15.1% YoY

Housing market overview · Updated weekly

$389,500median sale price

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

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

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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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