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SPOKANE, WA 99212

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

Market Overview

Active Listings
68
vs 68 last year
Pending
22
32% pending ratio
Median Price
$439,900
⇩ 2.5% vs $451,200 last year
Average Price
$504,599
⇧ 6.3% vs $474,898 last year
Days on Market
47
⇩ 24.2% vs 62 days last year

Market Context

Population: 21,013  ·  Density: 661.4/mi²  ·  Median household income: $67,975

Typical home value: $274,626  ·  Homeownership: 68.4%

Market Analysis

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

The SPOKANE, WA real estate market (99212) currently shows 68 active listings, with 22 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 47 days on market compared to 62 days last year.

The median listing price has fallen 2.5% year-over-year, from $451,200 to $439,900.

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
  • Days on market: 47 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $439,900 (-2.5% YoY)
  • Average: $504,599 (+6.3% 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 — 718 listings ($444,029,217 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99212Spokane, WA 992120.0 mi68$34,312,732$439,900$504,599
99206Spokane, WA 992063.6 mi113$61,500,137$459,000$544,249
99216Spokane, WA 992164.8 mi58$29,268,134$425,000$504,623
99223Spokane, WA 992235.4 mi116$87,405,420$600,000$753,495
99204Spokane, WA 992045.6 mi30$9,504,390$271,950$316,813
99201Spokane, WA 992015.9 mi38$17,544,258$380,000$461,691
99218Spokane, WA 992188.0 mi38$21,242,190$469,900$559,005
99027Otis Orchards, WA 990279.0 mi12$11,454,000$734,950$954,500
99023Mica, WA 9902310.3 mi5$4,081,335$749,900$816,267
99208Spokane, WA 9920810.7 mi180$111,688,740$539,900$620,493
99005Colbert, WA 9900512.6 mi39$36,604,581$774,000$938,579
99025Newman Lake, WA 9902513.4 mi20$18,898,300$799,500$944,915
99014Four Lakes, WA 9901415.2 mi1$525,000$525,000$525,000

Frequently Asked Questions

How many homes are for sale in SPOKANE, WA 99212?

As of January 2026, there are 68 active listings in SPOKANE, WA (zip code 99212), compared to 68 the prior year.

What is the median home price in SPOKANE, WA 99212?

The median listing price in SPOKANE, WA 99212 is $439,900 as of January 2026, a 2.5% decrease from $451,200 the prior year.

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

Homes in SPOKANE, WA 99212 spend an average of 47 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in SPOKANE, WA 99212?

Based on current inventory and days-on-market data as of January 2026, SPOKANE, WA 99212 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 47 days on market compared to 62 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 99212 save an estimated $8,798 compared to a typical 5% commission on the median listing price of $439,900. 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.