Spokane, WA Housing Market
The Spokane housing market is somewhat competitive. Homes in Spokane receive 2 offers on average and sell in around 36 days. The median sale price of a home in Spokane was $371K last month, up 7.2% since last year. The median sale price per square foot in Spokane is $192, up 0.5% since last year.
Spokane Housing Market Trends
In February 2024, Spokane home prices were up 7.2% compared to last year, selling for a median price of $371K. On average, homes in Spokane sell after 36 days on the market compared to 41 days last year. There were 186 homes sold in February this year, up from 160 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Spokane housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 32 days.
- Hot homescan sell for about 2% above list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 31 days.
- Hot homescan sell for about 1% above list price and go pending in around 8 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 49 days.
- Hot homescan sell for around list price and go pending in around 12 days.
Spokane Migration & Relocation Trends
- Across the nation, 0.65% of homebuyers searched to move into Spokane from outside metros.
- Seattle homebuyers searched to move into Spokane more than any other metro followed by Los Angeles and Portland.
- 52% of Spokane homebuyers searched to stay within the Spokane metropolitan area.
- Sandpoint was the most popular destination among Spokane homebuyers followed by Boise and Hilo.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Dec '23 - Feb '24 | ||
1 | 1,935 | ||
2 | 513 | ||
3 | 266 | ||
4 | 215 | ||
5 | 137 | ||
6 | 60 | ||
7 | 55 | ||
8 | 51 | ||
9 | 48 | ||
10 | 43 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Dec '23 - Feb '24 | ||
1 | 154 | ||
2 | 32 | ||
3 | 31 | ||
4 | 29 | ||
5 | 18 | ||
6 | 17 | ||
7 | 15 | ||
8 | 14 | ||
9 | 13 | ||
10 | 11 |
View houses in Spokane that sold recently
Recently sold homes
- $375,000 Last Sold Price5 beds2 baths1,944 sq ft5703 N Maple St, Spokane, WA 99205List Price$375,000Sale to List0% over listDays on Market26 days5703 N Maple St, Spokane, WA 99205
- $260,000 Last Sold Price2 beds2 baths1,072 sq ft1104 E Rockwell Ave, Spokane, WA 99207List Price$250,000Sale to List4% over listDays on Market34 days1104 E Rockwell Ave, Spokane, WA 99207
- $950,000 Last Sold Price5 beds4 baths4,219 sq ft8409 N Molly St, Spokane, WA 99208List Price$950,000Sale to List0% over listDays on Market0 days8409 N Molly St, Spokane, WA 99208
- $715,000 Last Sold Price3 beds3 baths2,128 sq ft1853 W Bridge Ave, Spokane, WA 99201List Price$725,000Sale to List1% under listDays on Market89 days1853 W Bridge Ave, Spokane, WA 99201
- $200,000 Last Sold Price3 beds1 bath1,788 sq ft2508 W Wellesley Ave, Spokane, WA 99205List Price$225,000Sale to List11% under listDays on Market85 days2508 W Wellesley Ave, Spokane, WA 99205
- $645,000 Last Sold Price5 beds4 baths3,393 sq ft15420 N Fircrest Cir, Spokane, WA 99208List Price$650,000Sale to List1% under listDays on Market0 days15420 N Fircrest Cir, Spokane, WA 99208
- $275,000 Last Sold Price4 beds1 bath1,658 sq ft1628 E Heroy Ave, Spokane, WA 99207List Price$275,000Sale to List0% over listDays on Market63 days1628 E Heroy Ave, Spokane, WA 99207
- $504,000 Last Sold Price3 beds2 baths2,428 sq ft1106 W 27th Ave, Spokane, WA 99203List Price$519,000Sale to List3% under listDays on Market20 days1106 W 27th Ave, Spokane, WA 99203
See all recently sold homes in Spokane.
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Schools in Spokane
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Prairie View Elementary School Public • K-5 | 665 Students | 4 reviews |
9/10 Wilson Elementary School Public • PreK-6 | 359 Students | 6 reviews |
8/10 Bryant Center Public • PreK-12 • Choice school | 306 Students | 2 reviews |
8/10 Moran Prairie Elementary School Public • PreK-6 | 523 Students | 10 reviews |
8/10 Spokane Public Montessori Public • PreK-8 | 473 Students | 2 reviews |
Climate's impact on Spokane housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Spokane.
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Wind Factor - Minimal
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Transportation in Spokane
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