Secondary metropolitan market · Washington · June 2026 data

Spokane Real Estate Market

The Spokane, WA housing market as of June 2026 — real median listing price, market pace, inventory and supply, from public records and industry data. Prepare a client-ready Spokane report in a click.

Median listing price
$499,000
▼ 3.6% YoY
Median $ / sq ft
$237
2,242 sq ft median
Median days on market
44
June 2026
Active listings
2,233
For sale now
New listings
998
June 2026
Listings with price cuts
21%
Share of active
Median sale price (closed)
$446,750
▼ 2.9% YoY · closed sales
Sale-to-list ratio
99.8%
Closed sales
Homes sold / month
644
Closed sales
Median listing price trend
$518K$507K$496K$486K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Spokane WA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$532K$471K$410K$349K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Spokane WA · June of each year, 2017–2026 · source: public records and industry data.

Supply snapshot
Active listings
2,233
New this month
998
Pending
1,051
Price-reduced
458

As of June 2026, the median home listed in Spokane, WA asks $499,000 — down 3.6% from a year ago. Homes are taking a median of 44 days to go under contract, and 21% of the 2,233 active listings have taken a price cut, which points to a seller-leaning market. Based on public records and industry data, updated monthly.

Investment snapshot
Investor Score
34/100
#768 of 932 covered metros
12-month outlook
-5.5%
▼ Cooling · model output, not advice
Price volatility
High
σ 7.8% · 20-yr price-index swings
Momentum
27
Value
37
Rental yield
40
Supply risk
94
Market heat
73

Spokane scores 34/100 on our composite Investor Score (#768 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 39% over five years and +131% over ten, leaving prices 50% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,499/mo for a two-bedroom, the gross rental yield on the median listing is about 3.6%; active inventory sits at 174% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 3.6% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Spokane ranks on the trending markets index.

What mortgage rates do to the payment
If rates fall 1% · 5.43%
$2,249/mo
−$256/mo vs today
At today's rate · 6.43%
$2,505/mo
National weekly average
If rates rise 1% · 7.43%
$2,772/mo
+$267/mo vs today

Principal & interest on the $499,000 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

Growth, supply pipeline & risk
Building permits (2025)
3,193
▼ 19.1% vs 2024
5.4 per 1,000 residents
Net migration (2022–2023)
+719
▲ people, via tax-return records
net income flow +$46.6M/yr
Job growth (YoY)
-1.0%
▼ 267.3k nonfarm jobs · May 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Spokane market news

Spokane's housing market in 2026 shows minor home value increases, a "hottest market" ranking, and interest in sales timelines, with downtown properties trending downward. — AI-generated summary of the headlines above; read the linked coverage before relying on it.

Headlines collected 2026-07-05; each links to the original publisher.

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Spokane market FAQs

What is the median home price in Spokane?
As of June 2026, the median listing price in Spokane, WA is $499,000, down 3.6% year over year (source: public records and industry data).
How fast are homes selling in Spokane?
The median property in Spokane spends 44 days on the market, with 2,233 homes actively listed and 21% of them carrying a price cut — a seller-leaning market by pace.
Who are the top real estate agents in Spokane?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Spokane and the wider Washington market.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.