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Balboa (South Indian Trail) Five Mile (Prarie) Five Mile Prairie Lidgerwood (Nevada) North Indian Trail Northwest

SPOKANE, WA 99208

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

Neighborhoods in ZIP 99208

Balboa (South Indian Trail) · Five Mile (Prarie) · Five Mile Prairie · Lidgerwood (Nevada) · North Indian Trail · Northwest

Market Analysis

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

The SPOKANE, WA real estate market (99208) currently shows 219 active listings, with 88 pending sales. Homes are averaging 36 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

The median listing price has fallen 0% year-over-year, from $577,217 to $577,188.

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

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

Market Overview

Active Listings
219
⇩ 0.9% vs 221 last year
Pending
88
40% pending ratio
Median Price
$577,188
vs $577,217 last year
Average Price
$691,003
⇩ 7.1% vs $743,852 last year
Days on Market
36
vs 36 days last year

Price Per Square Foot

Median $/sqft
$225
⇩ 0.9% vs $227/sqft last year
Median Home Size
2,739 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 219 this year vs 221 last year
  • Days on market: 36 now vs 36 last year

Median & Average Pricing

Year over Year
  • Median: $577,188 (+-0% YoY)
  • Average: $691,003 (-7.1% 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 16.7 miles — 1,029 listings ($556,229,393 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99208Spokane, WA 992080.0 mi200$134,648,400$541,150$673,242
99205Spokane, WA 992055.9 mi157$54,437,709$341,950$346,737
99207Spokane, WA 992077.1 mi119$35,528,521$296,100$298,559
99201Spokane, WA 992018.2 mi40$18,020,320$383,750$450,508
99202Spokane, WA 992029.4 mi64$25,021,952$328,500$390,968
99224Spokane, WA 992249.8 mi107$75,536,115$538,743$705,945
99203Spokane, WA 9920310.8 mi56$44,722,888$604,925$798,623
99006Deer Park, WA 9900612.1 mi111$66,322,722$505,850$597,502
99021Mead, WA 9902113.6 mi24$14,248,872$570,488$593,703
99206Spokane, WA 9920614.3 mi128$71,334,400$458,900$557,300
99020Marshall, WA 9902015.1 mi1$275,000$275,000$275,000
99027Otis Orchards, WA 9902716.2 mi15$11,284,350$705,900$752,290
99110Clayton, WA 9911016.7 mi7$4,848,144$496,500$692,592

Frequently Asked Questions

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

As of March 2026, there are 219 active listings in SPOKANE, WA (zip code 99208), compared to 221 the prior year.

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

The median listing price in SPOKANE, WA 99208 is $577,188 as of March 2026, a 0% increase from $577,217 the prior year.

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

Homes in SPOKANE, WA 99208 spend an average of 36 days on the market before going under contract, compared to 36 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 March 2026, SPOKANE, WA 99208 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

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 $11,544 compared to a typical 5% commission on the median listing price of $577,188. 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.