Spokane County, WA Home Values & Market Trends

The median home price in Spokane County, WA is $362,265.42. There were 7,523 home sales in Spokane County, WA over the past 12 months. The median residential Spokane County, WA home value for transactions over the previous year is $378,397.702. The number of current listings in Spokane County, WA is 787, and the percentage of properties for sale is 787.00%. The county has 92 foreclosures, 7 bank owned properties, 78 headed for auction, and 787 properties for sale.

Spokane County, WA Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Spokane

$ 387,702

$ 197/sqft

Airway Heights

$ 399,900

$ 231/sqft

Cheney

$ 360,000

$ 219/sqft

Chattaroy

$ 591,545

$ 260/sqft

Liberty Lake

$ 592,250

$ 272/sqft

Valleyford

$ 674,791

$ 230/sqft

Nine Mile Falls

$ 625,000

$ 239/sqft

Rockford

$ 777,910

$ 272/sqft

Deer Park

$ 463,418

$ 299/sqft

Fairchild Air Force Base

$ --

$ --

Otis Orchards

$ 576,201

$ 228/sqft

Four Lakes

$ --

$ --

Medical Lake

$ 484,893

$ 247/sqft

Marshall

$ --

$ --

Greenacres

$ 749,950

$ 246/sqft

Waverly

$ --

$ --

Veradale

$ 712,500

$ 197/sqft

Spangle

$ --

$ --

Mead

$ 487,401

$ 151/sqft

Latah

$ --

$ --

Elk

$ 711,863

$ 225/sqft

Fairfield

$ --

$ --

Newman Lake

$ 528,458

$ 227/sqft

Mica

$ --

$ --

Colbert

$ 485,252

$ 201/sqft

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Housing Market Summary for Spokane County, WA

Mar 2023February 2024Change
Median Listing Price$425K$353.6K-16.79%
Median Sold Price$381.4K$353.6K-7.28%
Homes For Sale6977233.73%
Homes Sold4,2434,3562.66%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Spokane County, WA

Spokane County, WA home values range from $11,017 to $13,329,594. Rockford is the priciest city with a median listing home price of $790,000, and Elk is most affordable with average house prices of around $175,000.

Foreclosure
There are 25 cities within Spokane County, WA; within these cities, the median estimated home value for homes in foreclosure ranges from $978,398 in Spokane to the lowest value of $77,525 in Spokane. Foreclosure homes account for 0.00% of properties in Spokane County, WA with Spokane containing 61 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.00% of all residential properties in Spokane County, WA with Spokane containing 3 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 25 cities within Spokane County, WA; of those cities, the estimated home value for pre-foreclosure homes ranges from $365,000 in Otis Orchards to the lowest home value of $244,142 in Spokane.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Spokane County, WA ranges from the highest value of $535,750 in Otis Orchards to the lowest value of $355,496 in Spokane. Bank owned homes and properties account for 0.00% of properties in Spokane County, WA. There are 25 cities within Spokane County, WA; Spokane containing 4 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Spokane has 54 auction properties, the highest number of properties going to auction in a single city in the state of Spokane County, WA. Auction homes and other auction properties account for 0.05% of all properties in Spokane County, WA. There are 25 cities within Spokane County, WA; of those cities, the median estimated home value for homes going to auction ranges from $805,043 in Chattaroy to the lowest value of $77,525 in Chattaroy.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.47% of residential properties in Spokane County, WA with Spokane containing 485 homes for sale, the highest number of listed properties in a single city. There are 25 cities within Spokane County, WA; homes for sale in those cities, have a range of median values from $777,910 in Rockford to the lowest value of $68,215 in Colbert.
    Sold Homes
    The median value for recently sold homes ranges from $827,754 in Veradale to the lowest price of $26,008 in Veradale. There are 25 cities within Spokane County, WA. Spokane has 2415 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.47% of properties in Spokane County, WA.

      Compare Nearby Cities

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      Guide for Spokane County, WA

      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      See More Articles
      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.