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SPOKANE, WA 99218

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

Market Overview

Active Listings
38
⇧ 72.7% vs 22 last year
Pending
9
24% pending ratio
Median Price
$469,900
⇩ 6% vs $499,900 last year
Average Price
$559,005
⇩ 6.4% vs $597,261 last year
Days on Market
66
⇩ 1.5% vs 67 days last year

Market Context

Population: 16,305  ·  Density: 927.0/mi²  ·  Median household income: $65,743

Typical home value: $362,346  ·  Homeownership: 51.2%

Market Analysis

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

The SPOKANE, WA real estate market (99218) currently shows 38 active listings, with 9 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice.

Homes are selling faster, averaging 66 days on market compared to 67 days last year.

The median listing price has fallen 6% year-over-year, from $499,900 to $469,900.

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: 38 this year vs 22 last year
  • Days on market: 66 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $469,900 (-6% YoY)
  • Average: $559,005 (-6.4% 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 16.2 miles — 625 listings ($359,881,732 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99218Spokane, WA 992180.0 mi38$21,242,190$469,900$559,005
99205Spokane, WA 992054.6 mi157$53,171,347$333,000$338,671
99005Colbert, WA 990056.2 mi39$36,604,581$774,000$938,579
99217Spokane, WA 992176.9 mi71$38,811,369$440,000$546,639
99204Spokane, WA 992047.8 mi30$9,504,390$271,950$316,813
99203Spokane, WA 992039.0 mi61$49,353,636$612,500$809,076
99026Nine Mile Falls, WA 9902610.5 mi40$28,023,320$643,750$700,583
99206Spokane, WA 9920611.6 mi113$61,500,137$459,000$544,249
99021Mead, WA 9902112.0 mi21$12,751,746$549,500$607,226
99003Chattaroy, WA 9900312.7 mi22$18,041,716$700,000$820,078
99027Otis Orchards, WA 9902713.5 mi12$11,454,000$734,950$954,500
99025Newman Lake, WA 9902515.1 mi20$18,898,300$799,500$944,915
99014Four Lakes, WA 9901416.2 mi1$525,000$525,000$525,000

Frequently Asked Questions

How many homes are for sale in SPOKANE, WA 99218?

As of January 2026, there are 38 active listings in SPOKANE, WA (zip code 99218), compared to 22 the prior year.

What is the median home price in SPOKANE, WA 99218?

The median listing price in SPOKANE, WA 99218 is $469,900 as of January 2026, a 6% decrease from $499,900 the prior year.

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

Homes in SPOKANE, WA 99218 spend an average of 66 days on the market before going under contract, compared to 67 days the prior year.

Is it a seller's or buyer's market in SPOKANE, WA 99218?

Based on current inventory and days-on-market data as of January 2026, SPOKANE, WA 99218 is currently a Balanced Market. Inventory has increased compared to last year, with 16 more homes available — giving buyers more choice. Homes are selling faster, averaging 66 days on market compared to 67 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 99218 save an estimated $9,398 compared to a typical 5% commission on the median listing price of $469,900. 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.