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
Median sale price, a Redfin vs. FHFA price check, and daily-refreshed real estate signals 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 measures Spokane’s year-over-year home-price change two independent ways: Redfin sale prices and the FHFA House Price Index. No market signals are flagged here right now.
Headline
Oct 6, 2026
7.45%
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
$2,108/mo
$90K/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 | ↓150th of 195 |
|---|---|
| Days on market | ↓127th of 195 |
| Price cuts | ↑70th of 195 (top 36%) |
| Price-to-rent | 86th of 195 (top 45%) |
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 +1.1% YoY 86th of 195 (top 45%) |
|---|---|
| Asking price / sq ft | $231 -0.1% 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 Sep 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 | ≈ 41% -2.7 pts YoY ↑70th of 195 (top 36%) |
|---|---|
| New housing units permitted | 208 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 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 Aug 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 | Redfin vs FHFA HPI |
| 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.
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 99006 | $609K↑ | 89↑ | 20↑ | 16↑ | 61↓ | $467K↑ |
| 99016 | $580K↑ | 97↑ | 26↓ | 38↑ | 44↑ | $499K↑ |
| 99019 | $559K↑ | 105↑ | 36↑ | 40↑ | 39↓ | $576K↑ |
| 99202 | $327K↓ | 84↑ | 24↑ | 32↑ | 59↑ | $313K↓ |
| 99203 | $572K↑ | 102↑ | 40↑ | 46↑ | 55↑ | $491K↑ |
| 99205 | $339K↓ | 176↑ | 82↓ | 96↑ | 41↑ | $319K↓ |
| 99206 | $450K↓ | 121↑ | 44↓ | 52↓ | 41↑ | $421K↑ |
| 99207 | $300K | 119↑ | 40↑ | 82↑ | 48↑ | $277K↓ |
| 99208 | $500K↓ | 211↑ | 88↓ | 90↓ | 47↑ | $462K↑ |
| 99212 | $431K↓ | 81↓ | 36 | 34↓ | 36↑ | $370K↑ |
| 99223 | $560K↓ | 128↓ | 54↓ | 70↑ | 50↑ | $498K↑ |
| 99224 | $639K↑ | 119↑ | 44↑ | 56↑ | 58↑ | $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.