Is Spokane, WA 99224 a buyer’s or seller’s market?

The Spokane housing market right now

In the three months ending August 31, 2026, 26% of homes in Spokane, WA 99224 sold above their list price, the typical home went under contract in 49 days and there were 3.7 months of supply. Three to six months of supply is a fairly balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 109 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 16%, homes sold more slowly (29 days then) and the median sale price rose 1% to $517,521. Overall, Spokane is more competitive than a year ago, so tougher for buyers.

Within Spokane County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Spokane ranks #196 of 298 WA ZIP codes with enough sales (score 50 out of 100).

Nearby, buyers who want less competition could look at Valleyford 99036 (0% sold over asking) or Mica 99023 (0% sold over asking), while Fairfield 99012 (50% sold over asking) and Airway Heights 99001 (36% sold over asking) are even more competitive.