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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

$487,721

AVERAGE PRICE OF 1,235 HOMES

$1,919,493

AVERAGE PRICE OF 74 MULTI-MILLION DOLLAR HOMES

$607,286

AVERAGE PRICE OF 157 NEWLY BUILT HOMES

$421,185

AVERAGE PRICE OF 53 REDUCED PRICE HOMES

Average Home

Average Price $487,721
Avg Bedrooms 2.05 beds
Avg Bathrooms 1.34 baths

Average Price by Bedrooms

1 bedroom $188,705
2 bedrooms $241,113
3 bedrooms $403,915
4 bedrooms $1,170,722
5 bedrooms $641,385
Spokane Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 1,402 1,566 1,630 1,604 1,559
Average Price $497,852 $506,816 $504,836 $509,619 $518,293
Avg Price Change -1.80% +0.39% -0.95% -1.70% n/a
Median Price $383,171 $393,846 $402,273 $411,533 $424,975
Med Price Change -2.79% -2.14% -2.30% -3.27% n/a
Avg Bedrooms 2.08 beds 2.12 beds 2.17 beds 2.91 beds 2.94 beds
Avg Bathrooms 1.39 baths 1.42 baths 1.5 baths 1.89 baths 1.91 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Ferris 99 $503,736 60 days
Lewis & Clark 137 $582,398 66 days
North Central 129 $327,586 54 days
Rogers 145 $340,634 52 days
Shadle Park 155 $394,419 63 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,235 $487,721 74 days
Multi-Million Dollar Homes 74 $1,919,493 90 days
Newly Built Homes 157 $607,286 83 days
Reduced Price Homes 53 $421,185 53 days
The Fowler Group
Exp Realty
601 W 1st Ave. Suite 1400
Spokane, WA 99201
509-951-2213

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 2022 of the Spokane Association of REALTORS® MLS. All rights reserved.
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