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SPOKANE, WA 99208

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

Market Overview

Active Listings
180
⇩ 3.7% vs 187 last year
Pending
59
33% pending ratio
Median Price
$539,900
⇩ 0.9% vs $544,995 last year
Average Price
$620,493
⇩ 5.9% vs $659,075 last year
Days on Market
66
⇧ 1.5% vs 65 days last year

Market Context

Population: 58,172  ·  Density: 460.9/mi²  ·  Median household income: $77,241

Typical home value: $374,770  ·  Homeownership: 65.4%

Market Analysis

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

The SPOKANE, WA real estate market (99208) currently shows 180 active listings, with 59 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 66 days on market compared to 65 days last year.

The median listing price has fallen 0.9% year-over-year, from $544,995 to $539,900.

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: 180 this year vs 187 last year
  • Days on market: 66 now vs 65 last year

Median & Average Pricing

Year over Year
  • Median: $539,900 (-0.9% YoY)
  • Average: $620,493 (-5.9% 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 16.7 miles — 946 listings ($498,867,045 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99208Spokane, WA 992080.0 mi180$111,688,740$539,900$620,493
99205Spokane, WA 992055.9 mi157$53,171,347$333,000$338,671
99207Spokane, WA 992077.1 mi113$34,023,057$298,000$301,089
99201Spokane, WA 992018.2 mi38$17,544,258$380,000$461,691
99202Spokane, WA 992029.4 mi60$22,689,060$327,500$378,151
99224Spokane, WA 992249.8 mi96$66,375,936$499,000$691,416
99203Spokane, WA 9920310.8 mi61$49,353,636$612,500$809,076
99006Deer Park, WA 9900612.1 mi87$53,067,303$505,850$609,969
99021Mead, WA 9902113.6 mi21$12,751,746$549,500$607,226
99206Spokane, WA 9920614.3 mi113$61,500,137$459,000$544,249
99034Tumtum, WA 9903415.7 mi1$524,925$524,925$524,925
99027Otis Orchards, WA 9902716.2 mi12$11,454,000$734,950$954,500
99110Clayton, WA 9911016.7 mi7$4,722,900$479,000$674,700

Frequently Asked Questions

How many homes are for sale in SPOKANE, WA 99208?

As of January 2026, there are 180 active listings in SPOKANE, WA (zip code 99208), compared to 187 the prior year.

What is the median home price in SPOKANE, WA 99208?

The median listing price in SPOKANE, WA 99208 is $539,900 as of January 2026, a 0.9% decrease from $544,995 the prior year.

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

Homes in SPOKANE, WA 99208 spend an average of 66 days on the market before going under contract, compared to 65 days the prior year.

Is it a seller's or buyer's market in SPOKANE, WA 99208?

Based on current inventory and days-on-market data as of January 2026, SPOKANE, WA 99208 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 66 days on market compared to 65 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 99208 save an estimated $10,798 compared to a typical 5% commission on the median listing price of $539,900. 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.