Monthly market report
Spokane .
The median asking price in Spokane this July is $449,500, essentially flat month over month at +0.1%. With 1,878 active listings, 710 new in the last 30 days, and 26% of inventory under contract, the market is steady — plenty of selection, prices holding their line.
Computed from the live MLS feeds · Location NW Group

Photo: Roman Eugeniusz · CC BY-SA 3.0
- Median asking price$449,500 +0.1% MoM
- Median $/sq ft$218 +0.5% MoM
- Active listings1878 -0.3% MoM
- Under contract26%
The median asking price in Spokane this month is $449,500, effectively unchanged from June at +0.1%. The middle of the market — the 25th to 75th percentile — runs from $335,000 to $649,970, and the median price per square foot sits at $218, up 0.5% month over month. Underneath those headline numbers, conditions look steady. There are 1,878 active residential listings, down a slight 0.3% from last month, with 710 homes newly listed in the past 30 days. About 26% of inventory is under contract, which suggests homes are moving at a measured, unhurried pace rather than flying off the market.
If you're buying
The buyer's read.
If you're buying in Spokane right now, the numbers work in your favor on selection: 1,878 active listings and 710 fresh arrivals in the last month mean real choice, especially in that $335,000 to $649,970 middle band where most of the market lives. Prices are holding steady rather than climbing — the median moved just 0.1% — so there's little pressure to rush a decision, though with roughly a quarter of inventory under contract, well-priced homes are still finding buyers.
If you're selling
The seller's read.
If you're selling, the market is rewarding accurate pricing more than ambition. The median asking price of $449,500 barely moved this month, and with 710 new listings arriving in the last 30 days, your home will have company. A 26% pending share tells us buyers are active but selective — homes that are priced in line with the $218 per square foot median and presented well are the ones going under contract.
The read from here
Where it's pointed.
Momentum in Spokane is quiet and level: the median price edged up 0.1%, price per square foot rose 0.5%, and inventory slipped 0.3%. Nothing in these numbers points to a sharp turn in either direction. As always, conditions can shift, and this reflects the current month only — not a prediction of where prices go from here.
Figures computed 2026-07-01 from live Spokane REALTORS® and Coeur d'Alene MLS feeds — asking prices of active inventory, not closed sales. AI-assisted narrative; all numbers deterministic.
Editorial disclaimer
This report is general market context, not financial, legal, or tax advice, and not a price prediction. Median asking prices reflect active inventory on the computation date and change continuously. Verify specifics with SAR, CDAR, and your own advisors before relying on any figure for a transaction.
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