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Greenacres

GREENACRES, WA 99016

Real Estate Market Report  ·  Spokane County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The GREENACRES, WA real estate market (99016) currently shows 125 active listings, with 35 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 57 days on market compared to 40 days last year.

The median listing price has risen 29.4% year-over-year, from $537,214 to $694,888.

Whether you are buying or selling in GREENACRES, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,620  ·  Density: 307.8/mi²  ·  Median household income: $94,883

Typical home value: $418,261  ·  Homeownership: 74.4%

Market Overview

Active Listings
125
⇩ 0.8% vs 126 last year
Pending
35
28% pending ratio
Median Price
$694,888
⇧ 29.4% vs $537,214 last year
Average Price
$735,122
⇧ 7.8% vs $681,682 last year
Days on Market
57
⇧ 42.5% vs 40 days last year

Price Per Square Foot

Median $/sqft
$249
⇩ 1.2% vs $252/sqft last year
Median Home Size
2,692 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 125 this year vs 126 last year
  • Days on market: 57 now vs 40 last year

Median & Average Pricing

Year over Year
  • Median: $694,888 (+29.4% YoY)
  • Average: $735,122 (+7.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.2 miles — 933 listings ($565,627,461 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99016Greenacres, WA 990160.0 mi126$74,608,002$515,199$592,127
99019Liberty Lake, WA 990193.5 mi95$66,340,685$576,450$698,323
99216Spokane, WA 992165.0 mi58$29,301,078$422,438$505,191
99027Otis Orchards, WA 990276.2 mi15$11,284,350$705,900$752,290
99223Spokane, WA 992239.0 mi107$80,888,469$599,975$755,967
99217Spokane, WA 992179.8 mi71$35,631,137$413,500$501,847
83854Post Falls, ID 8385410.8 mi216$154,100,448$546,400$713,428
99025Newman Lake, WA 9902511.9 mi20$20,679,800$824,000$1,033,990
99207Spokane, WA 9920712.2 mi119$35,528,521$296,100$298,559
99201Spokane, WA 9920113.8 mi40$18,020,320$383,750$450,508
99218Spokane, WA 9921815.4 mi37$20,445,904$464,900$552,592
99021Mead, WA 9902115.9 mi24$14,248,872$570,488$593,703
99031Spangle, WA 9903117.2 mi5$4,549,875$909,975$909,975

Frequently Asked Questions

How many homes are for sale in GREENACRES, WA 99016?

As of July 2026, there are 125 active listings in GREENACRES, WA (zip code 99016), compared to 126 the prior year.

What is the median home price in GREENACRES, WA 99016?

The median listing price in GREENACRES, WA 99016 is $694,888 as of July 2026, a 29.4% increase from $537,214 the prior year.

How long do homes stay on the market in GREENACRES, WA?

Homes in GREENACRES, WA 99016 spend an average of 57 days on the market before going under contract, compared to 40 days the prior year.

Is it a seller's or buyer's market in GREENACRES, WA 99016?

Based on current inventory and days-on-market data as of July 2026, GREENACRES, WA 99016 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 57 days on market compared to 40 days last year.

How much can I save on real estate commission in GREENACRES, WA?

With SELL123.com's maximum 3% commission, sellers in GREENACRES, WA 99016 save an estimated $13,898 compared to a typical 5% commission on the median listing price of $694,888. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.