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Housing in Spokane

2,910 homes sold in Spokane in the last year, at a typical $372K

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 homes are listed.

Homes sold
2,910
June 2025 to May 2026
Typical sale price
$372K
houses $374K · condos $268K
Price per square foot
$203
Washington $360
Paid vs. asking
99.2%
31% sold over asking
For sale now
726
May 2026 · 252 sold that month
What sold · last 12 months

4% of Spokane’s sales are condos, at $105K less than a house

2682 houses and 117 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$374K

typical sale · 2682 sold in 12 months

Per square foot
$201WA $348
Days to sell
28
Sold over asking
33%
Listings with a price cut
38%
Condos$268K

typical sale · 117 sold in 12 months

Per square foot
$254WA $433
Days to sell
84
Sold over asking
9%
Listings with a price cut
31%
Fewer sales

Multi-family (2–4 units): 110 sold, typical $413K
Townhouses: 1 sold, typical $248K

Too few sales in 12 months for reliable figures.

10 years of sales

Fewer homes sell than a decade ago, at 2.3 times the 2016 price

2,910 sales in the last year, against 4,722 in 2017 and a low of 2,831 in 2023. The typical sale went from $165K in 2016 to $372K.

Homes soldTypical sale price
01187237535624750$175K$250K$325K$400K2016: 4113 sold, typical $165K’162017: 4722 sold, typical $176K2018: 4643 sold, typical $198K’182019: 4370 sold, typical $227K2020: 4350 sold, typical $260K’202021: 4484 sold, typical $327K2022: 3617 sold, typical $370K’222023: 2831 sold, typical $358K2024: 2866 sold, typical $372K’242025: 2969 sold, typical $372KLast 12 months: 2910 sold, typical $372KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Spokane

Houseat $201 a sq ft
Condoat $254 a sq ft
The same money in Washingtonat $348 a sq ft

Is this asking price fair?

Check a listing against what Spokane 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.

What the sales history says · 10 years of sales

Bidding wars in Spokane are rarer than before the pandemic, but 16% fewer homes come up for sale

We read every month of Spokane’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 May 2026, 2,910 sales.

If you’re buying in Spokane

  • Shop in August. It brings about 427 new listings a month, close to the busiest month, with fewer bidding wars (39% over asking).
  • You can negotiate. 35% of listings have cut their price, against 23% before the pandemic.
  • Bid near asking. Buyers paid 99.2% of the list price on average; 31% paid over.
  • You’ll usually have time. Only 39% of homes go under contract within two weeks; the typical one takes 29 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 476 a month), and the most competition: 48% close over asking. July and August offer nearly as much choice with fewer homes bid up (42%). December has the least competition (32%) but only about 151 new listings.

New listings a monthShare sold over asking
012024036048020%40%60%Sweet spotJan: 216 new listings a month, 33% sold over asking, 52 days to sellJFeb: 249 new listings a month, 38% sold over asking, 47 days to sellFMar: 358 new listings a month, 43% sold over asking, 36 days to sellMApr: 413 new listings a month, 46% sold over asking, 28 days to sellAMay: 476 new listings a month, 48% sold over asking, 31 days to sellMJun: 475 new listings a month, 48% sold over asking, 30 days to sellJJul: 442 new listings a month, 42% sold over asking, 33 days to sellJAug: 427 new listings a month, 39% sold over asking, 35 days to sellASep: 378 new listings a month, 39% sold over asking, 36 days to sellSOct: 341 new listings a month, 37% sold over asking, 35 days to sellONov: 224 new listings a month, 34% sold over asking, 39 days to sellNDec: 151 new listings a month, 32% sold over asking, 45 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Washington as a whole

Spokane now2017–192021 peakWA now
Sold over askingShare of sales that closed above the list price31%41%61%27%
Gone within two weeksShare of homes under contract within 14 days39%25%74%39%
Listings with a price cutShare of homes for sale that cut their price35%23%33%30%
Price paid vs. askingAverage sale price ÷ list price99.2%100.4%104.2%99.2%
Days to sellMedian days from listing to contract2947633
Supply

698 homes for sale on a typical day

That’s 3.1 times the 2021 low (223), 16% fewer than in 2017–19 and well under 2016’s 1237.

2016: 1237 for sale’162017: 1148 for sale2018: 842 for sale2019: 498 for sale’192020: 281 for sale2021: 223 for sale2022: 349 for sale’222023: 412 for sale2024: 554 for sale2025: 669 for sale’25Last 12 months: 698 for saleNow
Room to negotiate

1 in 3 listings has cut its price

35% in the last year, against 23% in 2017–19 and 30% across Washington. More sellers are pricing high and coming down.

2018: 17%’182019: 26%2020: 28%2021: 33%’212022: 44%2023: 38%2024: 35%’242025: 36%Last 12 months: 35%Now
Prices by type

Since 2019, houses are up 64%, condos 44%

A house typically sold for $374K in the last year (2682 sales), a condo for $268K (117).

$175K$250K$325K$400K201520172019202120232025NowHouses 2015: $159K, 2656 salesHouses 2016: $167K, 3796 salesHouses 2017: $178K, 4318 salesHouses 2018: $200K, 4246 salesHouses 2019: $228K, 4015 salesHouses 2020: $261K, 4010 salesHouses 2021: $329K, 4095 salesHouses 2022: $373K, 3334 salesHouses 2023: $361K, 2608 salesHouses 2024: $374K, 2669 salesHouses 2025: $375K, 2723 salesHouses last 12 months: $374K, 2682 salesHouses $374KCondos 2015: $140K, 111 salesCondos 2016: $144K, 163 salesCondos 2017: $126K, 203 salesCondos 2018: $167K, 193 salesCondos 2019: $187K, 186 salesCondos 2020: $200K, 186 salesCondos 2021: $247K, 184 salesCondos 2022: $299K, 148 salesCondos 2023: $261K, 141 salesCondos 2024: $301K, 111 salesCondos 2025: $260K, 113 salesCondos last 12 months: $268K, 117 salesCondos $268K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Washington

Spokane ranks 68th of 189 busy Washington markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Spokane is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2016 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Spokane home costs about $2,192 a month

Mortgage
Property tax
Insurance
Rent

Price: Spokane’s typical sale, last 12 months. Property tax at Spokane’s 0.8% (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 is affordable on local pay is on Cost of living.

Before you buy in Spokane

Six things worth knowing

476

New listings in May

The month with the most choice. December has the fewest, about 151.

Best time to buy
0.8%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $372K home, about $3,020 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Spokane, from test results, graduation and how much students grow.

Schools in Spokane
21 min

Typical commute

The average one-way trip to work for people who live in Spokane.

Work & commute
Flood

Check 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 hazards
Records

Look 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.

Nearby markets · last 12 months

Country Homes sells for less a square foot; Airway Heights for far more

The busier markets within 25 miles of Spokane, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Spokane2,910$372K$20331%29
Spokane Valley1,030$422K$21130%33
Airway Heights97$379K$25734%46
Mead61$512K$21731%46
Country Homes54$452K$19224%52
Medical Lake42$406K$23031%16
Millwood24$404K$21221%36

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Spokane, free

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Questions about buying a home in Spokane

What do homes sell for in Spokane, WA?

2,910 homes sold in the year to May 2026 at a typical $372K, $203 a square foot. Houses sold for about $374K, condos for about $268K.

Is Spokane a buyer’s or seller’s market?

A seller’s market: 726 homes were for sale in May 2026 and 252 sold, about 2.9 months of supply. Buyers paid 99.2% of asking on average, and 35% of listings cut their price.

When is the best time to buy in Spokane?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Spokane?

About 0.8% of a home’s value a year. On a $372K home that’s near $3,020.

Where can I see homes for sale in Spokane?

Zillow, Redfin, Realtor.com and Homes.com all carry Spokane’s MLS listings; the search links above open each one filtered to Spokane.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).