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Spokane

Why you'd want to live in Spokane

With a river running right through downtown and landscapes ranging from basalt columns to mountain lakes, Washington state's third-largest metro area lives up to its motto- Near Nature, Near Perfect. Spokane offers abundant green space and easy access to numerous lakes, ski resorts, mountains and bike paths. It's not all about the wilderness though. A vibrant downtown encompasses a variety of restaurants and performance venues, and breweries and wineries turn local ingredients into flavorful drinks. However, while a few districts bustle with activity, much of Spokane is quiet, exuding a calm, relaxed atmosphere not often found in major metro areas. Residents appreciate the small-town atmosphere with the advantage of big-city amenities. Individual neighborhoods foster a strong sense of community and make Spokane a great place to live. via realestate.usnews.com

Spokane Market Report

$537,829

AVERAGE PRICE OF 1,057 HOMES

$2,056,966

AVERAGE PRICE OF 81 MULTI-MILLION DOLLAR HOMES

$628,676

AVERAGE PRICE OF 177 NEWLY BUILT HOMES

$505,265

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $537,829
Avg Bedrooms 1.75 beds
Avg Bathrooms 1.18 baths

Average Price by Bedrooms

1 bedroom $336,733
2 bedrooms $319,006
3 bedrooms $374,238
4 bedrooms $533,389
5 bedrooms $829,846
Spokane Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 1,005 996 1,185 1,402 1,566
Average Price $518,754 $500,182 $489,414 $497,852 $506,816
Avg Price Change +3.71% +2.20% -1.72% -1.80% +0.39%
Median Price $389,019 $380,816 $375,635 $383,171 $393,846
Med Price Change +2.15% +1.38% -2.01% -2.79% -2.14%
Avg Bedrooms 1.97 beds 1.87 beds 1.97 beds 2.08 beds 2.12 beds
Avg Bathrooms 1.26 baths 1.17 baths 1.29 baths 1.39 baths 1.42 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ferris 99 $554,412 51 days
Lewis & Clark 136 $607,834 55 days
North Central 109 $338,872 74 days
Rogers 105 $372,208 60 days
Shadle Park 112 $425,045 59 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,057 $537,829 95 days
Multi-Million Dollar Homes 81 $2,056,966 109 days
Newly Built Homes 177 $628,676 81 days
Reduced Price Homes 29 $505,265 44 days
The Fowler Group
Exp Realty
601 W 1st Ave. Suite 1400
Spokane, WA 99201
509-951-2213

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
MIMLS The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS® MLS. Real estate listings held by brokerage firms other than Danielle and Ryan Fowler- eXp Realty are marked with the IDX logo. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Danielle and Ryan Fowler- eXp Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Copyright 2023 of the Spokane Association of REALTORS® MLS. All rights reserved.
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