Spokane Homes Record Steady Growth as Regional Markets Show Varied Dynamics Through May 2024

Spokane’s real estate saw a steady upward trend from June 2023 to May 2024 with a 2% increase in property values.

authorWritten by Manuel MartinezJun 7, 2024

Spokane Real Estate Market Trends: June 2023 to May 2024

The real estate market in Spokane, Washington, has seen a steady upward trajectory in terms of property values over the last 12 months. In June last year, the average property value was $432,340, then the market saw a gradual rise, reaching a peak average value of $439,950 by May this year. This represents an increase of just under 2% YoY. At the time of writing this report, the average price per square foot has also showed an upward trend, starting at $210 and climbing to $216 across the same timeframe.

Here is an overview of the nearby zip codes and current values

Zip Median Est. Value Zip Median Est. Value
99208

$ 492,500

$ 202/sqft

99203

$ 599,499

$ 238/sqft

99205

$ 339,000

$ 193/sqft

99216

$ 429,898

$ 218/sqft

99223

$ 567,293

$ 226/sqft

99217

$ 419,000

$ 234/sqft

99224

$ 628,500

$ 243/sqft

99204

$ 460,000

$ 201/sqft

99206

$ 472,500

$ 196/sqft

99201

$ 354,375

$ 217/sqft

99212

$ 427,483

$ 224/sqft

99218

$ 525,000

$ 211/sqft

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?