Market report · Updated October 28, 2026 · last 90 days · Washington
Spokane Valley.
182 homes sold in Spokane Valley over the last 90 days, at a median of $520K (up 2.4% from the 90 days before).
Homes within 5.0 miles of Spokane Valley City Hall in ZIP 99206, 99212, 99216, 99037, 99016
182 homes sold in Spokane Valley over the last 90 days, at a median of $520K (up 2.4% from the 90 days before). With about 5.8 months of homes for sale, the market is balanced: pricing and presentation make the difference. Right now 353 homes are for sale and 133 are pending. Homes that sold in the last 30 days took about 77 days to go under contract and close.
If you're buying
The buyer's read.
About 5.8 months of supply means a balanced market. Buyers have time to compare, and price and condition decide which homes move.
The average 30-year fixed mortgage rate was 7.32% (down from 7.40% the week before), according to Freddie Mac.
If you're selling
The seller's read.
Recent sales closed at a median of 99.1% of their final list price, so homes priced right are getting close to full asking price.
The median price per square foot over the last 90 days was $219, compared with $219 for homes listed now.
The read from here
What to watch.
The monthly median moved from $522,475 in Jul to $524,900 in Sep (+0.5%). Monthly medians in a small area can swing with a few sales, so the 90-day figure is the steadier guide.
31 new listings and 7 sales in the last 7 days.
How these numbers are made
Figures are computed by Belvedere from Spokane REALTORS® MLS listing data for the area shown. Small areas and single weeks can swing with only a few sales. Information is deemed reliable but not guaranteed. Neighborhood figures cover the drawn area and home types shown; sold figures use the last 30 and 90 days. Written from the numbers by LJ Kennedy with Belvedere; every figure is calculated, not estimated.
Please note
This report is general market information. It is not legal, tax, financial or appraisal advice, and it is not a prediction of future prices. Every home is different. For a price opinion on a specific home, ask LJ for a comparative market analysis.