Market data current as of January 2026 | Source: Redfin
📊 12-Month Price Trend
🏠 For Buyers
Spokane is a buyer's market. At 7.1 months of supply, you have significant negotiating power. Don't be afraid to offer 5-10% below asking, especially on homes that have been listed 60+ days.
Patience pays off. With 104 days on market average, sellers are motivated. Use this time to get thorough inspections and negotiate repairs or credits.
Consider the total cost of ownership. Spokane has harsh winters—factor in heating costs, snow removal, and potential roof/ice dam issues when comparing to Western WA.
💰 For Sellers
Price aggressively from day one. In a 7-month supply market, overpriced listings die. Price at or below recent comps to generate early interest.
Curb appeal matters more. With longer market times, first impressions are everything. Landscaping, exterior paint, and a clean driveway are investments that pay off.
Consider staging. Empty homes sit longer in slower markets. Professional staging can make the difference between 60 days and 120 days on market.
📍 Spokane Market Insights
Different market, different rules. Spokane doesn't move like Seattle. The 2021-2022 boom hit later and less intensely here. Prices are more stable but appreciation is slower.
California transplants: Many Spokane buyers are relocating from high-cost states. If you're selling, emphasize what your home offers that CA buyers can't get: space, yard, parking, affordability.
Winter slowdown is real. Spokane's market effectively hibernates November-February. If you're not getting showings in winter, don't panic—list or relist in March.
🗺️ Compare with Nearby Counties
Looking at alternatives? Check market conditions in neighboring areas:
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