The typical home prices in Spokane WA as of mid-2025 is roughly $409,925. This is what most homes sell for. Rocket Mortgage Home values change from neighborhood to neighborhood and type of home, but this provides you a good idea of what you have to choose from.
Why It’s Good to Know What Homes Usually Cost in Spokane WA
- Gives you a realistic idea of what to expect when you buy a house
- Helps you figure out which communities you can afford
- Helps you make choices about loans, down payments, and how to make an offer
- Tells you about marketplaces that can be too expensive or too cheap
Average and Median Prices in Spokane WA
- The median price of homes sold in Spokane in June 2025 was $409,925, which is roughly 3.8% more than the year before. Rocket Mortgage
- Zillow says that the average home value is about $393,670, which is a small drop of 0.5% over the past year. Zillow+1
- According to Redfin, the typical sale price in August 2025 was $379,950, which is around 2.6% less than the year before. Redfin
These variations are due to different sources of data, times, and definitions (sold vs. listed vs. estimations).
Price Ranges for Different Types of Homes and Neighborhoods
| Home Type / Area | Typical Price Range* | Notes |
|---|---|---|
| Single-family homes (most common) | $350,000 to $700,000 | Depends on size, condition, location Nick Briggs, Realtor+1 |
| Condos / Townhomes | $275,000 to $350,000+ | More affordable entry point Nick Briggs, Realtor |
| Spokane South | ~$632,375 (median) | Higher-end market in that sub-area Rocket Mortgage |
*Prices vary significantly by age, lot size, condition, and amenities.
Prices tend to be higher in communities like South Hill, North Spokane, and Kendall Yards since they are desirable and close to amenities. Nick Briggs, Realtor+1
What is Making Spokane Home Prices Go Up (2025 Trends)
- Low inventory keeps supply tight and prices high. Sammamish Mortgage+1
- Spokane is a good choice for people who want to live in Seattle or Portland but can’t afford it. lifestylenorthrealty.com+1
- Interest rates and the cost of financing make things less affordable.
- New construction and improvements to infrastructure raise the worth of places that are changing. Nick Briggs, Realtor+1
- Predictions say that prices will go up by 2% to 5% per year. Nick Briggs, Realtor+2behlerhomesspokane.com+2
What Buyers Should Know
- Entry-level homes will probably be those that need work or are in neighborhoods that aren’t as central.
- There is a lot of competition for homes that cost less than $450,000.
- Homes sell fast; many sell in less than a month. Redfin+2Rocket Mortgage+2
- Be ready to pay more for things like closing costs, property taxes, inspections, and repairs.
- Working with a local realtor is worth it because they know the prices and trends in the area.
Final Thoughts
The median property price in Spokane, WA right now is from $400,000 to $410,000, depending on who you ask. But what “typical” means truly depends on where you want to live, what kind of home you want, and how it is right now. Use this as a starting point, look at statistics from other neighborhoods, and make changes as needed.
Get in touch with me
Need help locating homes in Spokane that fit your budget and goals? I can help you get ahead of listings and feel good about negotiating.
- Call: +17788520679
- Email: support@myhavens.us
- Go to: 1603 Capitol Ave, Cheyenne, WY 82001
0 Comments