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Comstock Lincoln Heights Moran Prairie Moran Prarie South Hill

SPOKANE, WA 99223

Real Estate Market Report
Balanced Market
September 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 99223

Comstock · Lincoln Heights · Moran Prairie · Moran Prarie · South Hill

Market Analysis

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

The SPOKANE, WA real estate market (99223) currently shows 166 active listings, with 42 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 50 days on market compared to 43 days last year.

The median listing price has fallen 9.3% year-over-year, from $617,500 to $559,975.

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Market Context

Market Context

Population: 34,868  ·  Density: 419.9/mi²  ·  Median household income: $87,133

Typical home value: $409,358  ·  Homeownership: 64.5%

Market Overview

Active Listings
166
⇩ 7.3% vs 179 last year
Pending
42
25% pending ratio
Median Price
$559,975
⇩ 9.3% vs $617,500 last year
Average Price
$692,215
⇩ 7.7% vs $750,140 last year
Days on Market
50
⇧ 16.3% vs 43 days last year

Price Per Square Foot

Median $/sqft
$223
⇧ 3.7% vs $215/sqft last year
Median Home Size
2,652 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 166 this year vs 179 last year
  • Days on market: 50 now vs 43 last year

Median & Average Pricing

Year over Year
  • Median: $559,975 (-9.3% YoY)
  • Average: $692,215 (-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 14.5 miles — 889 listings ($493,542,939 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99223Spokane, WA 992230.0 mi107$80,888,469$599,975$755,967
99206Spokane, WA 992064.6 mi128$71,334,400$458,900$557,300
99212Spokane, WA 992125.4 mi80$40,268,400$442,500$503,355
99204Spokane, WA 992045.9 mi31$8,847,896$245,000$285,416
99037Veradale, WA 990377.2 mi61$38,814,300$521,188$636,300
99020Marshall, WA 990207.8 mi1$275,000$275,000$275,000
99023Mica, WA 990239.0 mi6$4,534,248$592,225$755,708
99205Spokane, WA 992059.1 mi157$54,437,709$341,950$346,737
99217Spokane, WA 9921711.0 mi71$35,631,137$413,500$501,847
99001Airway Heights, WA 9900112.2 mi30$11,580,630$391,024$386,021
99014Four Lakes, WA 9901412.4 mi2$998,000$499,000$499,000
99027Otis Orchards, WA 9902712.8 mi15$11,284,350$705,900$752,290
99208Spokane, WA 9920814.5 mi200$134,648,400$541,150$673,242

Frequently Asked Questions

How many homes are for sale in SPOKANE, WA 99223?

As of September 2026, there are 166 active listings in SPOKANE, WA (zip code 99223), compared to 179 the prior year.

What is the median home price in SPOKANE, WA 99223?

The median listing price in SPOKANE, WA 99223 is $559,975 as of September 2026, a 9.3% decrease from $617,500 the prior year.

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

Homes in SPOKANE, WA 99223 spend an average of 50 days on the market before going under contract, compared to 43 days the prior year.

Is it a seller's or buyer's market in SPOKANE, WA 99223?

Based on current inventory and days-on-market data as of September 2026, SPOKANE, WA 99223 is currently a Balanced Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 50 days on market compared to 43 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 99223 save an estimated $11,200 compared to a typical 5% commission on the median listing price of $559,975. 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.