Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$419,205+0.2% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 27% have cut their price
Income needed to buy, per year$90,875About 1.1× the local median income ($85,192): a stretch for a typical household
Days on market51 daysAbout the same pace as a year ago
Next 12 months+0.2%Zillow expects prices to stay about flat
The typical home in Spokane County, WA is worth $419,205, about the same as a year ago. That is slightly above what local incomes have historically supported: fair value is about $402,668, so the area is 4.1% overvalued. It is a buyer's market: homes take about 51 days to sell, listings are up 10% from a year ago, 27% of listings have had a price cut. Zillow expects prices to rise about 0.2% over the next year. A household needs about $90,875 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $85,192. Typical rent is $1,510 a month, or $2,218 for a house. In the latest IRS figures, 334 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$419,205
Change in 1 year
+0.2%
Overvalued %
+4.1%
Show 7 more
Fair home value
$402,668
Change in 5 years
+8.5%
Zillow forecast, next 12 months
+0.2%
Home value to income
4.9×
Monthly mortgage payment (20% down)
$2,272
Income needed to afford it
$90,875
Property tax rate
0.84%
Rent and investing
Typical rent
$1,510
Typical rent for houses
$2,218
Price-to-rent ratio
23.1×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,494
Gross rental yield
4.32%
Cap rate (estimate)
2.81%
Market activity
Listings vs a year ago
+10.4%
Days on market
51
Listings with a price cut
27.0%
Show 3 more
Homes for sale
2,100
Pending sales per 100 listings
29
Asking price per sq ft
$225
People and jobs
Median household income
$85,192
Population change (1 year)
+0.5%
Unemployment rate
5.3%
Show 4 more
Population
558,344
Income adjusted for cost of living
$84,937
Net moves in (IRS)
+334
Cost of living (US = 100)
100.3
Schools, risk and environment
School rating (1 to 10)
6.3
FEMA hazard risk score (0 to 100)
90.0
Unhealthy air days a year
3
Show 4 more
Flood risk score
91.6
Wildfire risk score
96.6
Walkability (1 to 20)
11.1
Road, rail and air noise
53 dB
Questions people ask
Is Spokane County, WA overvalued?
Home prices in Spokane County, WA are slightly above what local incomes have historically supported: fair value is about $402,668, so the area is 4.1% overvalued.
Is Spokane County, WA a buyer's or seller's market?
Spokane County, WA is a buyer's market: homes take about 51 days to sell, listings are up 10% from a year ago, 27% of listings have had a price cut.
Are home prices going down in Spokane County, WA?
Home values in Spokane County, WA are up 0.2% over the last year. Zillow's forecast for the next 12 months is +0.2%.
How much do you need to earn to buy a home in Spokane County, WA?
A household needs about $90,875 a year to afford the typical home in Spokane County, WA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $85,192.