Monthly market report
Spokane Valley .
Spokane Valley's median asking price is $467,000 in July 2026, essentially flat month over month at +0.4%. With 450 active listings, 152 new in the last 30 days, and 27% of inventory under contract, the market is steady rather than shifting.
Computed from the live MLS feeds · Location NW Group

- Median asking price$467,000 +0.4% MoM
- Median $/sq ft$217 -0.9% MoM
- Active listings450 -0.2% MoM
- Under contract27%
The median asking price in Spokane Valley this month is $467,000, up 0.4% from last month — a move small enough to call flat. The middle of the market runs from $387,450 to $625,000, and the median price per square foot sits at $217, which cooled slightly at -0.9% month over month. Inventory tells a similar story of steadiness. There are 450 active residential listings, nearly unchanged at -0.2% from last month, with 152 homes newly listed in the past 30 days. About 27% of inventory is under contract, so a meaningful share of what's available is already spoken for, while plenty of fresh listings keep coming on.
If you're buying
The buyer's read.
If you're buying in Spokane Valley right now, the numbers suggest a market you can work with rather than race against. Prices are holding steady — the median edged up just 0.4%, and price per square foot eased 0.9% to $217 — and 152 new listings in the last 30 days means fresh options are arriving regularly. That said, with 27% of inventory pending, well-priced homes are still finding buyers, so it pays to be prepared when the right one appears.
If you're selling
The seller's read.
For sellers, a $467,000 median asking price and stable inventory at 450 listings point to a balanced environment. Roughly 27% of homes on the market are under contract, which shows real buyer activity, but the slight cooling in price per square foot to $217 is a reminder that pricing accurately matters. Homes positioned within the market's middle band of $387,450 to $625,000 will be competing with a steady flow of new listings, so presentation and realistic pricing do the heavy lifting.
The read from here
Where it's pointed.
Current momentum in Spokane Valley is steady: prices essentially flat, inventory holding, and a consistent share of homes going under contract. Nothing in this month's numbers suggests a sharp turn in either direction, though conditions can shift and these figures describe the present, not a prediction. We'll keep watching how new listings and pending activity balance out in the months ahead.
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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