Is Spokane, WA 99216 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Spokane is a seller’s market. With about 2.7 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.7Under 4 months = seller’s market

Sold above original list22%Share of sales, last 3 months

Median sale-to-list98.2%Sold price ÷ list price

Median days on market24Listing to accepted offer

Median price per sq ft$198▼ −11.7% vs. last year

Run the numbers for 99216

Prefilled for 99216Can I win this house?Multiple-offer likelihood for a listing Prefilled for 99216Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Airway Heights 99001Seller’s market $233 /sq ft Chattaroy 99003Seller’s market $246 /sq ft Cheney 99004Seller’s market $233 /sq ft Colbert 99005Balanced $216 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology