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Spokane

Why you'd want to live in Spokane

Spokane is a place where city life mingles brilliantly with nature. Amid the charm and bustle of urban downtown Spokane, you’ll find the Spokane River gorge and the inspiring Spokane Falls. Inspired restaurateurs, winemakers, and craft brewers create delicious adventures. The arts district entertains while boutiques fill out the carefully preserved historic buildings. Greater Spokane is an ambitious community filled with civic-minded people willing to roll up their sleeves and create a better place to live and visit. Spokane is a continuous experiment in metropolitan civility and a gathering place where the pace, accessibility, and hospitality mingle into a wonderful city experience. Spokane’s versatile position makes it natural to grab breakfast at a converted railroad car in the heart of downtown. Minutes later, gear up to scale narrow basalt canyons, break trail at any area ski resort or golf. It’s your time, make the most of it in Spokane. via visitspokane.com

Spokane Market Report

$519,057

AVERAGE PRICE OF 1,273 HOMES

$1,834,847

AVERAGE PRICE OF 98 MULTI-MILLION DOLLAR HOMES

$719,299

AVERAGE PRICE OF 168 NEWLY BUILT HOMES

$518,184

AVERAGE PRICE OF 40 REDUCED PRICE HOMES

Average Home

Average Price $519,057
Avg Bedrooms 2.22 beds
Avg Bathrooms 1.48 baths

Average Price by Bedrooms

1 bedroom $196,702
2 bedrooms $601,852
3 bedrooms $439,377
4 bedrooms $542,984
5 bedrooms $710,637
Spokane Home Price Trends
  12/2024 11/2024 10/2024 9/2024 8/2024
Total Listings 1,487 1,694 1,793 1,817 1,843
Average Price $532,366 $543,839 $545,412 $552,883 $548,644
Avg Price Change -2.16% -0.29% -1.37% +0.77% -2.15%
Median Price $403,877 $422,496 $430,681 $439,285 $439,142
Med Price Change -4.61% -1.94% -2.00% +0.03% -1.87%
Avg Bedrooms 2.41 beds 2.5 beds 2.55 beds 2.67 beds 2.72 beds
Avg Bathrooms 1.62 baths 1.87 baths 1.93 baths 1.97 baths 2.02 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Lewis & Clark 231 $627,914 76 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,273 $519,057 92 days
Multi-Million Dollar Homes 98 $1,834,847 122 days
Newly Built Homes 168 $719,299 103 days
Reduced Price Homes 40 $518,184 60 days