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

Spokane River and Riverfront Park, downtown Spokane

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.

Buying or selling in Spokane? Let's talk numbers.

Jeff will pull the parcel-level comps behind these medians.

Start the conversation All city reports

The first conversation

Tell Jeff what you're looking for.

No spam, no automated drip. Jeff will respond personally within one business day.

Jeff responds personally within one business day. Privacy Policy · Terms

Call JeffMessage