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SPOKANE, WA 99203

Real Estate Market Report  ·  Spokane County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
61
⇩ 9% vs 67 last year
Pending
20
33% pending ratio
Median Price
$612,500
⇧ 4.5% vs $586,225 last year
Average Price
$809,076
⇩ 2.6% vs $830,653 last year
Days on Market
57
⇩ 28.8% vs 80 days last year

Market Context

Population: 21,984  ·  Density: 1,826.9/mi²  ·  Median household income: $91,735

Typical home value: $414,608  ·  Homeownership: 76.0%

Market Analysis

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

The SPOKANE, WA real estate market (99203) currently shows 61 active listings, with 20 pending sales. Homes are averaging 57 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 57 days on market compared to 80 days last year.

The median listing price has risen 4.5% year-over-year, from $586,225 to $612,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 61 this year vs 67 last year
  • Days on market: 57 now vs 80 last year

Median & Average Pricing

Year over Year
  • Median: $612,500 (+4.5% YoY)
  • Average: $809,076 (-2.6% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.2 miles — 741 listings ($412,300,600 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99203Spokane, WA 992030.0 mi61$49,353,636$612,500$809,076
99202Spokane, WA 992022.2 mi60$22,689,060$327,500$378,151
99207Spokane, WA 992074.2 mi113$34,023,057$298,000$301,089
99212Spokane, WA 992125.0 mi68$34,312,732$439,900$504,599
99224Spokane, WA 992246.3 mi96$66,375,936$499,000$691,416
99001Airway Heights, WA 990018.5 mi23$8,874,343$394,698$385,841
99037Veradale, WA 990379.6 mi57$36,424,425$524,900$639,025
99216Spokane, WA 992169.7 mi58$29,268,134$425,000$504,623
99014Four Lakes, WA 9901410.2 mi1$525,000$525,000$525,000
99016Greenacres, WA 9901612.0 mi107$59,492,642$499,990$556,006
99027Otis Orchards, WA 9902714.0 mi12$11,454,000$734,950$954,500
99031Spangle, WA 9903114.6 mi5$3,399,075$644,450$679,815
99019Liberty Lake, WA 9901915.2 mi80$56,108,560$599,000$701,357

Frequently Asked Questions

How many homes are for sale in SPOKANE, WA 99203?

As of January 2026, there are 61 active listings in SPOKANE, WA (zip code 99203), compared to 67 the prior year.

What is the median home price in SPOKANE, WA 99203?

The median listing price in SPOKANE, WA 99203 is $612,500 as of January 2026, a 4.5% increase from $586,225 the prior year.

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

Homes in SPOKANE, WA 99203 spend an average of 57 days on the market before going under contract, compared to 80 days the prior year.

Is it a seller's or buyer's market in SPOKANE, WA 99203?

Based on current inventory and days-on-market data as of January 2026, SPOKANE, WA 99203 is currently a Seller's Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 57 days on market compared to 80 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 99203 save an estimated $12,250 compared to a typical 5% commission on the median listing price of $612,500. 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.