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Chester Opportunity

SPOKANE, WA 99206

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 99206

Chester · Opportunity

Market Analysis

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

The SPOKANE, WA real estate market (99206) currently shows 128 active listings, with 48 pending sales. Homes are averaging 42 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 42 days on market compared to 28 days last year.

The median listing price has fallen 0.6% year-over-year, from $470,000 to $467,173.

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: 42,850  ·  Density: 708.4/mi²  ·  Median household income: $70,641

Typical home value: $331,260  ·  Homeownership: 61.2%

Market Overview

Active Listings
128
⇧ 20.8% vs 106 last year
Pending
48
38% pending ratio
Median Price
$467,173
⇩ 0.6% vs $470,000 last year
Average Price
$544,631
⇧ 7.7% vs $505,748 last year
Days on Market
42
⇧ 50% vs 28 days last year

Price Per Square Foot

Median $/sqft
$223
⇧ 5.2% vs $212/sqft last year
Median Home Size
2,065 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 128 this year vs 106 last year
  • Days on market: 42 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $467,173 (-0.6% YoY)
  • Average: $544,631 (+7.7% 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 — 1,150 listings ($642,400,310 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99206Spokane, WA 992060.0 mi128$71,334,400$458,900$557,300
99212Spokane, WA 992123.6 mi80$40,268,400$442,500$503,355
99223Spokane, WA 992234.6 mi107$80,888,469$599,975$755,967
99202Spokane, WA 992026.1 mi64$25,021,952$328,500$390,968
99203Spokane, WA 992036.9 mi56$44,722,888$604,925$798,623
99207Spokane, WA 992077.6 mi119$35,528,521$296,100$298,559
99204Spokane, WA 992048.1 mi31$8,847,896$245,000$285,416
99019Liberty Lake, WA 990198.3 mi95$66,340,685$576,450$698,323
99205Spokane, WA 9920510.1 mi157$54,437,709$341,950$346,737
99020Marshall, WA 9902012.2 mi1$275,000$275,000$275,000
99224Spokane, WA 9922413.2 mi107$75,536,115$538,743$705,945
99208Spokane, WA 9920814.3 mi200$134,648,400$541,150$673,242
99031Spangle, WA 9903115.2 mi5$4,549,875$909,975$909,975

Frequently Asked Questions

How many homes are for sale in SPOKANE, WA 99206?

As of March 2026, there are 128 active listings in SPOKANE, WA (zip code 99206), compared to 106 the prior year.

What is the median home price in SPOKANE, WA 99206?

The median listing price in SPOKANE, WA 99206 is $467,173 as of March 2026, a 0.6% decrease from $470,000 the prior year.

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

Homes in SPOKANE, WA 99206 spend an average of 42 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in SPOKANE, WA 99206?

Based on current inventory and days-on-market data as of March 2026, SPOKANE, WA 99206 is currently a Buyer's Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 42 days on market compared to 28 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 99206 save an estimated $9,343 compared to a typical 5% commission on the median listing price of $467,173. 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.