Spokane Valley.
The median asking price in Spokane Valley this September is $455,000, down 2.1% from last month, while price per square foot edged up 1.4% to $219 — a market holding steady, with 30% of the 457 active listings under contract.
The median asking price in Spokane Valley, WA this month is $455,000, a step down of 2.1% from August. Price per square foot tells a slightly different story, edging up 1.4% to $219 — a reminder that the mix of homes on the market shifts month to month, and headline medians move with it. Inventory sits at 457 active residential listings, essentially flat from last month at -0.7%, with 133 homes newly listed in the past 30 days. The middle of the market runs from $379,900 to $589,900, and 30% of inventory is under contract — a sign that well-priced homes are still finding buyers at a steady pace.
The buyer's read.
If you're buying, the numbers suggest a workable market rather than a frantic one. With 457 homes available and 133 fresh listings in the last 30 days, there is real selection, and the median price easing 2.1% gives you a little more room in negotiations. That said, 30% of inventory is already pending, so homes that are priced right in that $379,900–$589,900 middle band are still moving — worth acting decisively when the right one appears.
The seller's read.
If you're selling, this is a market that rewards careful pricing. The median asking price cooled 2.1% this month, but $219 per square foot edged up 1.4%, and nearly a third of listings are under contract — buyers are active, just measured. With inventory holding flat at 457 homes, you have competition, and the listings drawing offers are the ones positioned realistically from day one rather than testing the ceiling.
Where it's pointed.
Current momentum reads as steady: inventory is essentially unchanged, pending activity sits at 30%, and the price signals are mixed, with the median easing while price per square foot ticked up. None of this points to a sharp turn in either direction. As always, next month's numbers will tell us more, and this is market information rather than a prediction.
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.
Buying or selling in Spokane Valley? Let's talk numbers.
Jeff will pull the parcel-level comps behind these medians.