The story of this market
The typical home in Spokane County, Washington sells for about $435,000, or $235 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 50 days to sell. Over the long run, values in this county have grown 260% since 2000. Last year 72 of 122 neighborhoods saw prices rise, so the story isn't the same street to street. HUD's fair market rent for a two-bedroom is $1,494 a month.
HUD sets the fair market rent for a 2-bedroom at $1,494 a month. FEMA's National Risk Index rates overall hazard risk here as Very Low.
Price climate
Every year of price change, 2000–2025
+1.4%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2021 (+20.4%). Worst: 2011 (-6.7%). Hover to read a year.
Monthly price momentum
Home values since 2015
-0.2%
WA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$2,047
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+1.4%
2025 change
FHFA repeat-sales index, median of 122 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
15
Very Low
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $104,048,826.
Mortgage activity
Home lending in this county
80.9%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 31238 | 17475 | 80.9% | 6.5% | $235,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Spokane County, Washington
The Spokane County housing market is currently in a neutral state with 3.5 months of inventory, balancing buyer options and seller expectations. While median prices have seen modest year-over-year growth, the market is cooling from previous high-demand periods, with days on market increasing to 50 days.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).
Select a city to expand its ZIP intel reports beneath · 13 cities · 34 ZIP reports
Median prices moved down 1.8% year over year.
Homes spend a median of 31 days on market with 3.5 months of supply — a fast-moving market.
5% of listings have cut prices · homes sell at 96.56% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 10.8% — a stable, low-distress profile.
Owned and leased federal assets with active or excess status, per the General Services Administration's Real Estate Across the United States inventory (read 2026-09-25). A federal footprint read on this county — not a market valuation, and never an attribute of any individual property or tenant.
Deterministic aggregate of 34 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Spokane County, Washington — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Each property observation weighs one in its ZIP's deterministic roll-up — property-level records (taxes, scores, permits) never roll individually. Latest property research run Oct 18, 2026.
researched Sep 26
researched Sep 26
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researched Sep 26
| 99001 | Airway Heights | $411,035 | $202 | — | 21 | 96.9% | — | 4.8 | 21 | $1,350 | researched Sep 26 |
| 99003 | Chattaroy | $602,762 | $202 | — | 21 | 96.9% | — | 4.8 | 21 | $1,323 | researched Sep 26 |
| 99004 | Cheney | $419,875 | $233 | +3.7% | 50 | — | — | — | 73 | $1,494 | researched Sep 26 |
| 99005 | Colbert | $627,000 | $238 | +0.2% | 14 | 98.4% | — | — | 33 | $1,494 | researched Sep 26 |
| 99006 | Deer Park | $540,000 | $245 | — | 11 | 98.4% | — | 3.6 | 35 | $1,350 | researched Sep 26 |
| 99011 | Fairchild Air Force Base | $411,000 | $214 | -1.9% | 28 | 98.5% | 42% | 3.3 | 2,226 | $1,350 | researched Sep 26 |
| 99012 | Fairfield | $411,035 | $202 | — | 21 | 96.9% | — | 4.8 | 21 | $1,494 | researched Sep 26 |
| 99016 | Spokane Valley | $484,356 | $257 | -11.9% | 64 | — | — | 1 | 99 | $1,350 | researched Sep 26 |
| 99018 | Latah | $376,000 | $197 | -1.2% | 15 | 100% | 42.1% | 3.2 | 2,378 | $1,550 | researched Sep 26 |
| 99019 | Liberty Lake | $615,000 | $202 | — | 21 | 96.9% | 42.7% | 4.8 | 21 | $1,650 | researched Sep 26 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
The county economy is anchored by healthcare, education, and aerospace sectors, with ongoing development momentum in the Spokane metro area.
Property taxes are assessed by the county based on local levies and state requirements; specific exemptions exist for seniors and disabled veterans.
The economy is driven by a mix of healthcare, higher education, and manufacturing, with major employers including Providence Health & Services and Fairchild Air Force Base.
The county is served by I-90, providing a primary east-west corridor, and the Spokane Transit Authority provides regional bus services.
The Spokane County Assessor's office manages property valuations for tax purposes, conducting annual revaluations to reflect market conditions.
The county includes various special purpose districts, including fire, water, and sewer districts, as well as the Spokane County Library District.
- Triple Play Family Fun Park4.225.4 mi
- Flying Squirrel Trampoline Park4.35.8 mi
- Altitude Trampoline Park and Fitness & Welness Center Spokane4.25.5 mi
- Wonderland Family Fun Center412.8 mi
- Chuck E. Cheese4.25.8 mi
- Northern Quest Resort & Casino4.214.1 mi
- Coeur d'Alene Casino4.118.2 mi
- Spokane Arena4.48.5 mi
- Spokane Convention Center4.57.9 mi
- Triple Play Family Fun Park4.225.4 mi
- Manito Park4.87 mi
- Riverfront Park4.78.2 mi
- AMC River Park Square 204.58.3 mi
- Dave & Buster's Spokane4.16.6 mi
- Mirabeau Point Park4.76.9 mi
- Northwest Museum of Arts & Culture4.69 mi
- The Fox Theater4.88.3 mi
- Arbor Crest Wine Cellars4.67.5 mi
- Mobius Discovery Center4.68.4 mi
- Buck Knives4.514.7 mi
- Manito Park4.87 mi
- Riverfront Park4.78.2 mi
- Dwight Merkel Sports Complex4.612.4 mi
- Riverside State Park - Bowl and Pitcher Area4.712.5 mi
- Mirabeau Point Park4.76.9 mi
- Hagadone Marine Group4.422.8 mi
- Conkling Marina & Resort4.427.6 mi
- Hayden Lake Marina4.627.3 mi
- Tobler Marina4.626.6 mi
- Silver Beach Marina4.325.4 mi
- Coeur d'Alene Casino4.118.2 mi
- Indian Canyon Golf Course4.49.9 mi
- Circling Raven Golf Club4.818.6 mi
- Esmeralda Golf Course4.17.6 mi
- Downriver Golf Course4.211 mi
- Spokane Valley Mall4.36.6 mi
- NorthTown Mall4.29.8 mi
- WinCo Foods4.34.5 mi
- Fred Meyer4.15.8 mi
- River Park Square4.48.3 mi
- Spokane International Airport4.412.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
A massive state park offering extensive hiking, biking, and equestrian trails along the Spokane and Little Spokane Rivers.
Located in downtown Spokane, this park features the iconic Pavilion, the Great Northern Clock Tower, and the Spokane Falls.
A historic 78-acre park featuring botanical gardens, a conservatory, and duck ponds, serving as a major community landmark.
Data retrieved from U.S. Census Bureau QuickFacts and ACS tables.