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Browne's Addition Brownes Addition Emerson (Garfield) Peaceful Valley Riverside (Downtown) West Central

SPOKANE, WA 99201

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 99201

Browne's Addition · Brownes Addition · Emerson (Garfield) · Peaceful Valley · Riverside (Downtown) · West Central

Market Analysis

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

The SPOKANE, WA real estate market (99201) currently shows 51 active listings, with 10 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 31 days on market compared to 44 days last year.

The median listing price has fallen 18.3% year-over-year, from $429,998 to $351,238.

Whether you are buying or selling in SPOKANE, 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: 14,246  ·  Density: 1,852.0/mi²  ·  Median household income: $34,462

Typical home value: $219,573  ·  Homeownership: 28.3%

Market Overview

Active Listings
51
⇧ 8.5% vs 47 last year
Pending
10
20% pending ratio
Median Price
$351,238
⇩ 18.3% vs $429,998 last year
Average Price
$434,659
⇩ 28.1% vs $604,414 last year
Days on Market
31
⇩ 29.5% vs 44 days last year

Price Per Square Foot

Median $/sqft
$242
⇩ 18% vs $295/sqft last year
Median Home Size
1,616 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 51 this year vs 47 last year
  • Days on market: 31 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $351,238 (-18.3% YoY)
  • Average: $434,659 (-28.1% 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 15.2 miles — 934 listings ($537,848,997 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99201Spokane, WA 992010.0 mi40$18,020,320$383,750$450,508
99205Spokane, WA 992052.4 mi157$54,437,709$341,950$346,737
99203Spokane, WA 992032.8 mi56$44,722,888$604,925$798,623
99224Spokane, WA 992244.8 mi107$75,536,115$538,743$705,945
99218Spokane, WA 992186.8 mi37$20,445,904$464,900$552,592
99001Airway Heights, WA 990017.2 mi30$11,580,630$391,024$386,021
99208Spokane, WA 992088.2 mi200$134,648,400$541,150$673,242
99217Spokane, WA 992179.7 mi71$35,631,137$413,500$501,847
99216Spokane, WA 9921610.7 mi58$29,301,078$422,438$505,191
99036Valleyford, WA 9903612.5 mi4$3,551,500$887,875$887,875
99026Nine Mile Falls, WA 9902613.1 mi42$30,831,066$649,975$734,073
99016Greenacres, WA 9901613.8 mi126$74,608,002$515,199$592,127
99023Mica, WA 9902315.2 mi6$4,534,248$592,225$755,708

Frequently Asked Questions

How many homes are for sale in SPOKANE, WA 99201?

As of March 2026, there are 51 active listings in SPOKANE, WA (zip code 99201), compared to 47 the prior year.

What is the median home price in SPOKANE, WA 99201?

The median listing price in SPOKANE, WA 99201 is $351,238 as of March 2026, a 18.3% decrease from $429,998 the prior year.

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

Homes in SPOKANE, WA 99201 spend an average of 31 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in SPOKANE, WA 99201?

Based on current inventory and days-on-market data as of March 2026, SPOKANE, WA 99201 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 31 days on market compared to 44 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SPOKANE, WA 99201 save an estimated $7,025 compared to a typical 5% commission on the median listing price of $351,238. 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.