Spokane .

Computed from the live MLS feeds · Location NW Group

Photo: Roman Eugeniusz · CC BY-SA 3.0

• Median asking price$429,995 -1.8% MoM
• Median $/sq ft$212 -0.9% MoM
• Active listings1864 -1.0% MoM
• Under contract20%

The median asking price in Spokane, WA this October is $429,995, a cooling of 1.8% from last month. The median price per square foot sits at $212, down 0.9% month over month — modest movements, but both pointing the same direction. The middle of the market runs from $320,000 to $615,000, a wide band that leaves room for a range of budgets. Inventory tells a quieter story. There are 1,864 active residential listings, essentially flat with a 1.0% dip from last month, and 622 homes came on in the past 30 days. With 20% of inventory under contract, buyers are active but unhurried. Nothing here suggests a sharp turn — just a market easing slightly as fall settles in.

If you're buying

The buyer's read.

If you're buying in Spokane right now, the numbers lean gently in your favor. Prices edged down 1.8% this month, and with 1,864 active listings and 622 fresh ones in the last 30 days, there is genuine selection across the $320,000 to $615,000 middle band. A 20% pending rate means well-priced homes still move, so decisiveness matters — but you have more room to compare, inspect, and negotiate than in a hotter market.

If you're selling

The seller's read.

If you're selling, the key word is calibration. The median asking price cooled to $429,995 and price per square foot slipped to $212, so pricing against last month's comps rather than last spring's optimism will serve you well. With only 20% of inventory under contract and 622 new listings competing for attention, homes that are well-prepared and priced to the current market will stand out; those priced ahead of it may sit.

The read from here

Where it's pointed.

The current momentum is mildly softening: median price down 1.8%, price per square foot down 0.9%, and inventory roughly flat month over month. These are small moves and could level off or continue — one month does not set a trend. For now, Spokane looks like a steady, balanced-to-buyer-leaning market heading into late fall.

Figures computed 2026-10-01 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.

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