Photo: Locke Cole · CC BY-SA 4.01,031 homes sold in Spokane Valley in the last year, at a typical $422K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Spokane Valley homes are listed.
Every place Spokane Valley homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Spokane Valley.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
4% of Spokane Valley’s sales are condos, at $216K less than a house
948 houses and 42 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 948 sold in the year to May 2026
- Per square foot
- $210WA $348
- Days to sell
- 33
- Sold over asking
- 31%
- Listings with a price cut
- 34%
typical sale · 42 sold in the year to May 2026
- Per square foot
- $227WA $433
- Days to sell
- 60
- Sold over asking
- 14%
- Listings with a price cut
- 39%
Multi-family (2–4 units): 40 sold, typical $503K
Too few sales in 12 months for reliable figures.
Fewer homes sell than a decade ago, at 2.2 times the 2016 price
1,031 sales in the last year, against 1,561 in 2018 and a low of 1,032 in 2023. The typical sale went from $193K in 2016 to $422K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $400K buys in Spokane Valley
Check a listing against what Spokane Valley homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Spokane Valley are rarer than before the pandemic, with about as many homes for sale
We read every month of Spokane Valley’s home sales since 2016 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 1,031 sales.
If you’re buying in Spokane Valley
- Shop in September. It brings about 135 new listings a month, close to the busiest month, with fewer bidding wars (38% over asking).
- Bid near asking. Buyers paid 99.4% of the list price on average; 29% paid over.
- You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 32 days.
Spring brings both the most homes and the most bidding wars
May has the most new listings (about 160 a month), and the most competition: 46% close over asking. August and September offer nearly as much choice with fewer homes bid up (40%). November has the least competition (32%) but only about 76 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and about like Washington as a whole
| Spokane Valley now | 2017–19 | 2021 peak | WA now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 29% | 39% | 59% | 25% |
| Gone within two weeksShare of homes under contract within 14 days | 38% | 25% | 76% | 38% |
| Price paid vs. askingAverage sale price ÷ list price | 99.4% | 100.2% | 103.7% | 99.1% |
| Days to sellMedian days from listing to contract | 32 | 46 | 7 | 35 |
253 homes for sale on a typical day
That’s 3.6 times the 2021 low (71), about the 2017–19 level and well under 2016’s 415.
Since 2019, houses are up 61%, condos 68%
A house typically sold for $424K in the year to May 2026 (948 sales), a condo for $207K (42).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Spokane Valley ranks 69th of 191 busy Washington markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Spokane Valley is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2016 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Spokane Valley home costs about $2,509 a month
Price: Spokane Valley’s typical sale, last 12 months. Property tax at Spokane Valley’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Spokane Valley is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 54.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $422K home, about $3,690 a year.
Taxes vs. neighborsSchools
The schools grade for Spokane Valley, from test results, graduation and how much students grow.
Schools in Spokane ValleyTypical commute
The average one-way trip to work for people who live in Spokane Valley.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Spokane and Country Homes sell for less a square foot; Post Falls for far more
The busier markets within 25 miles of Spokane Valley, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Spokane | 3,002 | $372K | $200 | 30% | 28 |
| Spokane Valley | 1,031 | $422K | $210 | 29% | 32 |
| Post Falls | 829 | $528K | $293 | 19% | 26 |
| Liberty Lake | 342 | $509K | $254 | 16% | 46 |
| Mead | 64 | $523K | $209 | 26% | 45 |
| Country Homes | 53 | $446K | $189 | 23% | 55 |
| Otis Orchards-East Farms | 52 | $488K | $227 | 26% | 31 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Spokane Valley, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Spokane Valley. People who follow the town see it, and so do people comparing Spokane Valley with their own town. No commission, no listing fee.
Questions about buying a home in Spokane Valley
What do homes sell for in Spokane Valley, WA?
1,031 homes sold in the year to September 2026 at a typical $422K, $210 a square foot. Houses sold for about $424K, condos for about $207K in the year to May 2026.
Is Spokane Valley a buyer’s or seller’s market?
A seller’s market: 302 homes were for sale in September 2026 and 103 sold, about 2.9 months of supply. Buyers paid 99.4% of asking on average.
When is the best time to buy in Spokane Valley?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Spokane Valley?
About 0.9% of a home’s value a year. On a $422K home that’s near $3,690.
Where can I see homes for sale in Spokane Valley?
Zillow, Redfin, Realtor.com and Homes.com all carry Spokane Valley’s MLS listings; the search links above open each one filtered to Spokane Valley.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).