Is Colbert, WA 99005 a buyer’s or seller’s market?

The Colbert housing market right now

In the three months ending August 31, 2026, 7% of homes in Colbert, WA 99005 sold above their list price, the typical home went under contract in 46 days and there were 5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 29 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 24%, homes sold more slowly (24 days then) and the median sale price rose 4% to $683,704. Overall, Colbert is less competitive than a year ago, which gives buyers more room.

Within Spokane County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 87%. On our competition score, Colbert ranks #270 of 298 WA ZIP codes with enough sales (score 31 out of 100).

Nearby, buyers who want less competition could look at Valleyford 99036 (0% sold over asking) or Mica 99023 (0% sold over asking), while Fairfield 99012 (50% sold over asking) and Airway Heights 99001 (36% sold over asking) are even more competitive.