Housing in Spokane Valley, WA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$382,750

Median List Price

$457,900

Price Per Sq Ft

$196

Days on Market

41

Active Inventory

196

Months of Supply

3.8

Seller's market

Zillow Home Value

$399,826

ZHVI — January 2026

Zillow Rent Index

$1,500

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 8.9%List Price 14.5%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

40.4%

Off Market in 2 Weeks

34.7%

Sale-to-List Ratio

99.4%

Buyer's market

Sold Above Asking
40.4%
Under Contract in 2 Wks
34.7%
Listings with Price Drops
25.5%

Market Activity

Source: Redfin

Homes Sold

52

New Listings

89

Pending Sales

72

Homes Sold 35.8%New Listings 11.0%Pending 20.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$196

Median List $/SF

$216

Sale $/SF 2.0%List $/SF 0.5%Mar 24Jan 26

Spokane Valley vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 100,000 - 250,000 residents. Spokane Valley is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$344,300

Median Rent

$1,247

Total Housing Units

45,263

Vacancy Rate

5.5%

Owner Occupied

57.5%

Renter Occupied

42.5%

Median Property Tax

$3,168

per year

Monthly Cost (w/ Mortgage)

$1,265

Housing Types

Single Family
66.2%
Multi-Family
29.2%
Mobile Home
4.6%

The current median sale price in Spokane Valley, WA is $382,750 according to Redfin data. Homes spend a median of 41 days on the market. 40.4% of homes sold above asking price. The market has 3.8 months of supply. The median price per square foot is $196. Zillow's observed rent index is $1,500/month. About 57.5% of housing units are owner-occupied. The median year homes were built is 1978. There are 45,263 total housing units.