Spokane housing market: home prices, trends and forecast
Spokane home prices show the typical home in Spokane, Washington at $392,803 in September 2026. The Zillow Home Value Index places it −0.3% against the previous year and −5.4% under its July 2022 peak of $415,075.
- Value of a typical home
- $392,803September 2026, Zillow ZHVI
- Change in 12 months
- −0.3%since September 2025
- Change in 10 years
- +118.1%. From September 2016.
Spokane home prices since 2000
The steel line represents Spokane, while the grey line represents the United States. Between January 2000 and now, a typical Spokane home rose from $116,085 to $392,803, a ×3.38 increase compared with ×2.99 for the US during that period. The boom reached its high in October 2007 at $200,403 and its low in September 2012 at $148,431, a change of −25.9%.
Spokane median home price each year
The twelve monthly values are averaged for each year, with 2026 showing the most recent month.
| Year | Spokane | Change on the year | United States |
|---|---|---|---|
| 2000 | $115,185 | $125,745 | |
| 2001 | $115,987 | +0.7% | $134,899 |
| 2002 | $119,491 | +3.0% | $144,276 |
| 2003 | $124,851 | +4.5% | $155,308 |
| 2004 | $134,867 | +8.0% | $169,891 |
| 2005 | $153,090 | +13.5% | $189,732 |
| 2006 | $178,930 | +16.9% | $206,531 |
| 2007 | $196,167 | +9.6% | $208,449 |
| 2008 | $192,567 | −1.8% | $195,574 |
| 2009 | $179,348 | −6.9% | $177,542 |
| 2010 | $171,651 | −4.3% | $171,462 |
| 2011 | $157,563 | −8.2% | $162,508 |
| 2012 | $150,210 | −4.7% | $161,137 |
| 2013 | $152,886 | +1.8% | $171,420 |
| 2014 | $156,643 | +2.5% | $182,996 |
| 2015 | $163,282 | +4.2% | $192,738 |
| 2016 | $178,104 | +9.1% | $204,509 |
| 2017 | $197,527 | +10.9% | $216,767 |
| 2018 | $221,418 | +12.1% | $230,541 |
| 2019 | $249,342 | +12.6% | $242,088 |
| 2020 | $283,034 | +13.5% | $257,151 |
| 2021 | $346,911 | +22.6% | $295,959 |
| 2022 | $400,546 | +15.5% | $340,014 |
| 2023 | $391,928 | −2.2% | $348,160 |
| 2024 | $395,461 | +0.9% | $359,751 |
| 2025 | $396,004 | +0.1% | $362,959 |
| September 2026 | $392,803 | −0.3% | $366,157 |
Value now of Spokane homes bought in any year
An index-based estimate for a typical home, rather than an appraisal.
Each yearly figure averages twelve monthly index values, and September 2026 provides the current value. Other options include a home appreciation calculator.
Thinking about selling? Use Realtor.com to compare local agents. Advertising disclosure: the site may receive payment for links like this one, but it never changes any number. Disclosure.
Spokane housing market forecast
For the Spokane, WA metro, Zillow's forecast shows +0.2% across the 12 months from September 2026. It also shows +0.5% over the next three months. Starting with Spokane's typical value of $392,803, the forecast suggests it would reach about $393,600 after a year.
Zillow's central forecast for the metro appears here; the site does not publish a separate forecast of its own. Such 12-month forecasts have typically differed from the actual change by several percentage points in either direction. This is not investment advice.
All metro forecasts are collected in one table: housing market forecast.
Spokane housing market crash risk score
High, 76 of 100
Spokane is ranked against the 292 cities based on five conditions that were high before previous price falls. Each input is compared with the other cities on a scale of 0 to 100. The five scores are then averaged with equal weight. It shows current conditions; it does not forecast a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | +67.5% | 95 | 20% |
| Time on the market vs 2019 | +33.3% | 90 | 20% |
| Price-to-rent ratio | 22.1 | 72 | 20% |
| Price-to-income ratio | 5.0 | 54 | 20% |
| 12-month price change | −0.3% | 68 | 20% |
This is not investment advice. See how the inputs are scored in the methodology. All 292 cities are ranked in the crash risk by city list.
Spokane inventory and days on market
In September 2026 the Spokane, WA metro listed 2,469 homes for sale, up 8.5% from a year earlier and +67.5% compared with the same month in 2019. The median time to sell a listing was 52 days (+33.3% against 2019), while 24.4% of listings received a price cut.
| Spokane, WA metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 2,469 | +8.5% |
| New listings | 836 | |
| Median days on market | 52 | +3.5% |
| Median list price | $477,950 | −4.4% |
| Share with a price cut | 24.4% |
Metro inventory comes from Realtor.com® Economic Research. Realtor.com data. For market days across every metro, see days on market by city.
Spokane cost of living
In Spokane, the Zillow Observed Rent Index puts the usual asking rent at $1,483 a month. That is +3.9% over a year. Paying 22.1 years of that rent would cover the cost of a typical home. Census ACS 2024 reports median household income of $78,583. At that income, a typical home costs 5.0 times one year's earnings. BEA gives the metro a price level of 100.3, compared with 100 for the US. Its housing cost level is 97.1.
Rents, prices, and the salary needed to move to Spokane: Spokane cost of living.
More housing markets in Washington
- Seattle housing market $822,572.
- Tacoma housing market $482,647.
- Vancouver housing market $498,160.
- Bellevue housing market $1,386,450.
- Yakima housing market $358,493.
- Bellingham housing market $657,528.
- Olympia housing market $526,205.
Across the whole state: Washington housing market.
How to read this chart
The Zillow Home Value Index for Spokane appears at each point. The figures cover a typical home in the market's middle third, use monthly dollar values, and are smoothed and seasonally adjusted. The hollow dot shows the slider's month; the terracotta dot shows the latest month. These numbers do not account for inflation, and the index tracks the typical home rather than one particular house. Use the card above or the home appreciation calculator to work out one house’s value from its sale price.