Spokane, WA Housing Market
The Spokane housing market is very competitive. Homes in Spokane receive 2 offers on average and sell in around 10 days. The median sale price of a home in Spokane was $372K last month, up 0.5% since last year. The median sale price per square foot in Spokane is $211, up 1.2% since last year.
Spokane Housing Market Trends
In April 2024, Spokane home prices were up 0.5% compared to last year, selling for a median price of $372K. On average, homes in Spokane sell after 10 days on the market compared to 12 days last year. There were 240 homes sold in April this year, up from 226 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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 11 days.
- Hot homescan sell for about 3% above list price and go pending in around 4 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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 16 days.
- Hot homescan sell for about 2% above list price and go pending in around 5 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 32 days.
- Hot homescan sell for around list price and go pending in around 15 days.
Spokane Migration & Relocation Trends
- Across the nation, 0.67% 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.
- 46% of Spokane homebuyers searched to stay within the Spokane metropolitan area.
- Sandpoint was the most popular destination among Spokane homebuyers followed by Bellingham and Boise.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 1,674 | ||
2 | 534 | ||
3 | 289 | ||
4 | 217 | ||
5 | 136 | ||
6 | 56 | ||
7 | 54 | ||
8 | 51 | ||
9 | 50 | ||
10 | 39 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 174 | ||
2 | 83 | ||
3 | 47 | ||
4 | 39 | ||
5 | 23 | ||
6 | 19 | ||
7 | 18 | ||
8 | 18 | ||
9 | 16 | ||
10 | 15 |
Home offer insights for Spokane
Recent offers
- Offer Not Accepted|4 Weeks Ago~$350K OfferSold for $350K4 bd | 2 ba | ~1,750 sqftOver List Price2%Days on Market3Competing Offers>1Down Payment<10%
- Offer Not Accepted|9 Weeks Ago~$300K OfferSold for $325K3 bd | 2 ba | ~1,750 sqftOver List Price1%Days on Market2Competing Offers9Down Payment<10%
- Offer Not Accepted|11 Weeks Ago~$225K OfferSold for $250K3 bd | 1 ba | ~2,000 sqftUnder List Price19%Days on Market10Competing Offers0Down Payment<10%
- Offer Not Accepted|11 Weeks Ago~$250K OfferSold for $275K3 bd | 1 ba | — sqftUnder List Price7%Days on Market88Competing Offers1Down Payment<10%
- Offer Not Accepted|12 Weeks Ago~$450K OfferSold for $275K3 bd | 1 ba | ~1,750 sqftOver List Price67%Days on Market15Competing Offers1Down Payment<10%
View houses in Spokane that sold recently
Recently sold homes
- $330,000 Last Sold Price2 beds2 baths1,148 sq ft160 S Coeur d' Alene St Unit A101, Spokane, WA 99201List Price$330,000Sale to List0% over listDays on Market109 days160 S Coeur d' Alene St Unit A101, Spokane, WA 99201
- $275,000 Last Sold Price3 beds2 baths1,000 sq ft1722 W Indiana Ave, Spokane, WA 99205List Price$265,000Sale to List4% over listDays on Market26 days1722 W Indiana Ave, Spokane, WA 99205
- $529,000 Last Sold Price4 beds3 baths2,546 sq ft6833 N Royal Ln, Spokane, WA 99208List Price$529,000Sale to List0% over listDays on Market47 days6833 N Royal Ln, Spokane, WA 99208
- $335,000 Last Sold Price3 beds1 bath1,680 sq ft3827 E 6th Ave, Spokane, WA 99202List Price$325,000Sale to List3% over listDays on Market39 days3827 E 6th Ave, Spokane, WA 99202
- $415,000 Last Sold Price3 beds2 baths1,574 sq ft910 S Cougars St Unit 3/1 Hudson, Spokane, WA 99224List Price$419,990Sale to List1% under listDays on Market57 days910 S Cougars St Unit 3/1 Hudson, Spokane, WA 99224
- $620,000 Last Sold Price3 beds2 baths1,834 sq ft8713 N K Ct, Spokane, WA 99208List Price$620,000Sale to List0% over listDays on Market33 days8713 N K Ct, Spokane, WA 99208
- $390,000 Last Sold Price4 beds3 baths2,904 sq ft2006 N Washington St, Spokane, WA 99205List Price$399,000Sale to List2% under listDays on Market67 days2006 N Washington St, Spokane, WA 99205
- $295,000 Last Sold Price2 beds2 baths2,352 sq ft2528 E Wellesley Ave, Spokane, WA 99217List Price$295,000Sale to List0% over listDays on Market40 days2528 E Wellesley Ave, Spokane, WA 99217
See all recently sold homes in Spokane.
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Schools in Spokane
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Wilson Elementary School Public • PreK-6 | 359 Students | 6 reviews |
8/10 Balboa Elementary School Public • PreK-6 | 290 Students | 9 reviews |
8/10 Moran Prairie Elementary School Public • PreK-6 | 489 Students | 10 reviews |
8/10 Bryant Center Public • PreK-12 | 346 Students | 2 reviews |
7/10 Evergreen Elementary School Public • K-5 | 494 Students | 10 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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Fire Factor - Moderate
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Wind Factor - Minimal
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Heat Factor - Moderate
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Transportation in Spokane
Walk Score®
Transit Score®
Bike Score®
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