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SPOKANE, WA 99223

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

Market Overview

Active Listings
116
⇧ 39.8% vs 83 last year
Pending
36
31% pending ratio
Median Price
$600,000
⇧ 0.4% vs $597,445 last year
Average Price
$753,495
⇩ 5.5% vs $797,731 last year
Days on Market
51
⇩ 27.1% vs 70 days last year

Market Context

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

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

Market Analysis

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

The SPOKANE, WA real estate market (99223) currently shows 116 active listings, with 36 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice.

Homes are selling faster, averaging 51 days on market compared to 70 days last year.

The median listing price has risen 0.4% year-over-year, from $597,445 to $600,000.

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: 116 this year vs 83 last year
  • Days on market: 51 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $600,000 (+0.4% YoY)
  • Average: $753,495 (-5.5% 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 15.8 miles — 771 listings ($466,742,891 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99223Spokane, WA 992230.0 mi116$87,405,420$600,000$753,495
99206Spokane, WA 992064.6 mi113$61,500,137$459,000$544,249
99212Spokane, WA 992125.4 mi68$34,312,732$439,900$504,599
99204Spokane, WA 992045.9 mi30$9,504,390$271,950$316,813
99037Veradale, WA 990377.2 mi57$36,424,425$524,900$639,025
99216Spokane, WA 992168.7 mi58$29,268,134$425,000$504,623
99016Greenacres, WA 990169.0 mi107$59,492,642$499,990$556,006
99224Spokane, WA 9922410.2 mi96$66,375,936$499,000$691,416
99031Spangle, WA 9903111.7 mi5$3,399,075$644,450$679,815
99218Spokane, WA 9921812.3 mi38$21,242,190$469,900$559,005
99019Liberty Lake, WA 9901912.5 mi80$56,108,560$599,000$701,357
99030Rockford, WA 9903012.9 mi2$1,398,000$699,000$699,000
99012Fairfield, WA 9901215.8 mi1$311,250$311,250$311,250

Frequently Asked Questions

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

As of January 2026, there are 116 active listings in SPOKANE, WA (zip code 99223), compared to 83 the prior year.

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

The median listing price in SPOKANE, WA 99223 is $600,000 as of January 2026, a 0.4% increase from $597,445 the prior year.

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

Homes in SPOKANE, WA 99223 spend an average of 51 days on the market before going under contract, compared to 70 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 January 2026, SPOKANE, WA 99223 is currently a Balanced Market. Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice. Homes are selling faster, averaging 51 days on market compared to 70 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 $12,000 compared to a typical 5% commission on the median listing price of $600,000. 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.