Monthly market report

Spokane .

Spokane's median asking price sits at $437,900 in September 2026, essentially flat month over month (+0.4%). With 1,883 active listings, 632 new in the last 30 days, and 23% of inventory pending, this is a steady, balanced market rather than a shifting one.

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$437,900 +0.4% MoM
  • Median $/sq ft$214 0.0% MoM
  • Active listings1883 -1.3% MoM
  • Under contract23%

The median asking price in Spokane this month is $437,900, up 0.4% from last month — a change small enough to call flat. The middle of the market runs from $325,000 to $625,000, and the median price per square foot holds at $214, unchanged month over month. There are 1,883 active residential listings, including condos and townhouses, down 1.3% from last month. Sellers brought 632 new listings to market in the past 30 days, and 23% of inventory is under contract. Taken together, the numbers describe a market moving at an even pace: prices holding, inventory easing slightly, and a steady share of homes finding buyers.

If you're buying

The buyer's read.

If you're buying in Spokane right now, the numbers work in favor of a measured search. With 1,883 homes on the market and 632 newly listed in the past 30 days, there is fresh inventory to consider each week, and a median price that edged up just 0.4% suggests little pressure to rush. That said, with 23% of listings already under contract, well-priced homes are moving — if something fits, it's worth acting with intention rather than waiting for a meaningful price shift that the current data doesn't suggest.

If you're selling

The seller's read.

For sellers, this is a market that rewards accurate pricing. The median asking price of $437,900 and the $214 per square foot figure have held essentially steady, so buyers have a clear sense of value and are comparing against a broad middle band of $325,000 to $625,000. Inventory dipped 1.3% month over month, which keeps competition manageable, and nearly a quarter of listings are pending — evidence that homes positioned correctly are attracting offers. Condition, presentation, and a price grounded in the current numbers matter more than trying to test the ceiling.

The read from here

Where it's pointed.

Current momentum in Spokane is steady: prices are flat to slightly firmer, price per square foot is unchanged, and inventory has eased modestly. Nothing in this month's figures points to a sharp move in either direction. Conditions can change, so these numbers describe the present rather than predict what comes next.

Figures computed 2026-09-01 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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