The Spanaway housing market is very competitive. Homes in Spanaway receive 2 offers on average and sell in around 25 days. The median sale price of a home in Spanaway was $500K last month, down 8.2% since last year. The median sale price per square foot in Spanaway is $267, down 3.3% since last year.
What is the housing market like in Spanaway today?
In November 2024, Spanaway home prices were down 8.2% compared to last year, selling for a median price of $500K. On average, homes in Spanaway sell after 25 days on the market compared to 48 days last year. There were 31 homes sold in November this year, up from 27 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$499,999
-8.2% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
Spanaway, WA
$499,999
-8.2%
United States
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How hot is the Spanaway housing market?
Spanaway is very competitive. Homes sell in 24 days.
0
100
74
Very Competitive
Redfin Compete Score™
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
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 24 days.
Hot homes
can sell for about 1% above list price and go pending in around 6 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Spanaway
Explore recent offers and recently sold homes in Spanaway
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Spanaway housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Spanaway.
Flood Factor - Minor
15% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Spanaway has a minor risk of flooding. 1,106 properties in Spanaway are likely to be
severely affected
by flooding over the next 30 years. This represents 15% of all properties in Spanaway. Flood risk is increasing slower than the national average.
14% of properties are at risk of wildfire over the next 30 years
Fire Factor
Spanaway has a moderate risk of wildfire. There are 1,637 properties in Spanaway that have some risk of being affected by wildfire over the next 30 years. This represents 14% of all properties in Spanaway.