Spokane-Spokane Valley, WA
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's cooling Spokane-Spokane Valley market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Spokane-Spokane Valley, WA.
The market in the metro area is experiencing a cooling trend, with the pending ratio registering at 0.34 and active listings increasing by 8.5% year-over-year. Median listing prices have observed a 4.4% decline over the past year, reflecting this shift in market dynamics.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Sep 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Data not yet available.
Shows whether future inventory pressure may increase.
What's moving the Spokane-Spokane Valley market right now.
Inventory levels have expanded, with active listings up 8.5% year-over-year, while new listings saw a more modest 2.7% increase. Pricing adjustments are evident, as the median listing price decreased by 4.4% year-over-year and 2.5% month-over-month. The pending ratio has declined year-over-year, settling at 0.34, indicating softer demand absorption relative to available supply.
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
Negotiating leverage is shifting as inventory accumulates, reflected by the 8.5% year-over-year rise in active listings. The pace of transactions has slowed, with a pending ratio of 0.34, suggesting less urgency from demand. Price discipline is under pressure, as evidenced by the 4.4% year-over-year decrease in median listing prices and a 24.4% share of price reductions.
No distinct luxury-segment signal in this dataset.
2,469 active listings represent the current floor, with new supply arriving at roughly 836 per month.
of active listings carry a price reduction, -1.6% from prior period.
Median price per square foot has moved -0.3% year-over-year.
Pending-to-active ratio — Cooling.
Recommended For This Market
CoolingSelling in Spokane-Spokane Valley, WA? Buyer Demand Index is running at 34%.
Buyers have leverage in Spokane-Spokane Valley, WA. Homes that sell are the ones priced and presented for today's conditions, not last year's.
- Buyer Demand Index
- 34%
- Median Days on Market
- 52 days
- Inventory YoY
- +8%
In a buyer's market, strategy beats timing. See how your home scores in Spokane-Spokane Valley, WA and what moves the number.
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Metro Demographics
ZIPs in Spokane-Spokane Valley, WA
99208
spokane
$500K
211 active · 47 DOM
99205
spokane
$339K
176 active · 41 DOM
99223
spokane
$560K
128 active · 50 DOM
99206
spokane
$450K
121 active · 41 DOM
99207
spokane
$300K
119 active · 48 DOM
99224
spokane
$639K
119 active · 58 DOM
99019
liberty lake
$559K
105 active · 39 DOM
99203
spokane
$573K
102 active · 55 DOM
99016
greenacres
$580K
97 active · 44 DOM
99006
deer park
$609K
89 active · 61 DOM
99202
spokane
$327K
84 active · 59 DOM
99212
spokane
$431K
81 active · 36 DOM
99217
spokane
$445K
80 active · 46 DOM
99004
cheney
$467K
74 active · 55 DOM
99114
colville
$425K
70 active · 80 DOM
99156
newport
$575K
67 active · 77 DOM
99037
veradale
$575K
60 active · 51 DOM
99201
spokane
$367K
57 active · 62 DOM
Sorted by active inventory · click a ZIP for its full report