Aug 2026
$379K
-0.9% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Spokane, WA
Daily-refreshed real estate signals + Three-Opinion home-price methodology for Spokane, WA. Built for agents; free to read.
Spokane, WA’s median sale price is $379K as of Aug 2026 — -0.9% year over year. Pecan Street tracks Spokane with its Three-Opinion home-price methodology (Redfin, FHFA HPI, and Zillow ZHVI), with no market signals flagged right now.
Headline
Sep 18, 2026
7.04%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$2,023/mo
$87K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Spokane compares to other U.S. metros
| Home-price growth | ↓153rd of 195 |
|---|---|
| Price cuts | ↓122nd of 194 |
| Days on market | 112th of 194 |
| Price-to-rent | 95th of 195 (top 49%) |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 15 -5.2% YoY 95th of 195 (top 49%) |
|---|---|
| Asking price / sq ft | $233 -0.4% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 34% -2.2 pts YoY ↓122nd of 194 |
|---|---|
| New housing units permitted | 442 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Aug 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Jul 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 59 |
|---|---|
| MLS board of record | Northwest MLS (NWMLS) |
| Price methodology | Three-Opinion · Redfin · FHFA HPI · Zillow ZHVI |
| Data as of | Aug 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
normal · 0.8ppRedfin (city) -0.9% | FHFA HPI · Q2 2026 -0.1% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in WA
Track Spokane, WA with Pecan Street
The signals on this page are a snapshot of what we surface to agents every morning. Free trial, no credit card.
Start free trialZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 99004 | $465K↓ | 78↑ | 20↓ | 16↓ | 57↑ | $421K↓ |
| 99006 | $595K↑ | 91↑ | 40↑ | 16↑ | 61↓ | $467K↑ |
| 99016 | $677K↑ | 99↑ | 28↓ | 36↑ | 45↑ | $499K↑ |
| 99019 | $600K↑ | 91↑ | 32↑ | 36↑ | 38↓ | $576K↑ |
| 99203 | $600K↑ | 96↑ | 36↓ | 52↑ | 51↑ | $491K↑ |
| 99205 | $340K↓ | 155↑ | 76↓ | 60↑ | 41↑ | $319K↓ |
| 99206 | $450K↓ | 108↑ | 52↓ | 40↓ | 40↑ | $421K↑ |
| 99207 | $309K↓ | 117↑ | 48↑ | 60↓ | 40↑ | $277K↓ |
| 99208 | $515K↓ | 212↑ | 80↓ | 68↓ | 52↑ | $462K↑ |
| 99217 | $452K↓ | 83↑ | 32↑ | 36↑ | 44↑ | $373K↓ |
| 99223 | $600K↓ | 122↑ | 36↓ | 44↓ | 52↑ | $498K↑ |
| 99224 | $615K↑ | 132↑ | 44↑ | 56↑ | 57↑ | $521K↓ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.