MONEY GLOBE XSpokane, WA housing market: home values, sales and rents
The typical home value in the Spokane, WA metro area was $415,045 in September 2026, up 0.2% over a year and up 8.8% over five years. Across the United States the typical value was $366,157 (up 1.2% over a year). Homes sold at 100.0% of their asking price, with 4.4 months of supply on the market. Typical rent was $1,512 a month. Our simple reading of these numbers: balanced market.
Updated November 04, 2026.
Reading: Balanced market
The numbers
| Measure | Latest | 1-year change | As of |
|---|---|---|---|
| Typical home value | $415,045 | +0.2% | September 2026 |
| Typical value — lower-priced third | $295,997 | -0.4% | September 2026 |
| Typical value — higher-priced third | $607,424 | -0.2% | September 2026 |
| Median sale price | $405,000 | -4.5% | August 2026 |
| Median list price | $450,000 | -5.3% | September 2026 |
| Sale price vs asking price | 100.0% | +0.4 pts | August 2026 |
| Homes sold above asking | 27% | +3.6 pts | August 2026 |
| Homes sold (month) | 678 | +9.0% | September 2026 |
| New listings (month) | 707 | +0.3% | September 2026 |
| Homes for sale | 2,983 | +6.9% | September 2026 |
| Months of supply | 4.4 months | -0.1 | September 2026 |
| Sales-to-new-listings ratio | 96% | +7.7 pts | September 2026 |
| Days to an accepted offer (median) | 30 days | -1.0 | September 2026 |
| Typical rent (all homes) | $1,512 | +3.5% | September 2026 |
| Zillow market heat index strong buyer's market on Zillow's scale (0–100) | 25 | +1.0 | September 2026 |
Typical home value (Zillow Home Value Index)
What the numbers say
- Zillow market heat index 25 of 100: strong buyer's market on Zillow's scale (0–100).
- 4.4 months of supply: normal (3 to 6).
- The typical home sells at 100.0% of its asking price.
- Homes sold equal 96% of new listings this month, slower than this city's usual pace (115% on average since 2018).
- Typical home value up 0.2% over a year.
Source: Zillow Research (zillow.com/research/data).
Metro-area statistics from Zillow Research. The sales-to-new-listings ratio and months of supply are calculated by Money Globe X from Zillow's counts of homes sold, new listings and homes for sale.
Statistics for information and education only — not real estate, financial or investment advice. Figures are monthly or yearly averages for a whole metro area; a single home or neighbourhood can differ a lot.
Nearby: other places in WA
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Updated November 04, 2026. Sources: Zillow Research. Educational information only - not financial advice.