Is Medical Lake, WA 99022 a buyer’s or seller’s market?

The Medical Lake housing market right now

In the three months ending August 31, 2026, 10% of homes in Medical Lake, WA 99022 sold above their list price, the typical home went under contract in 55 days and there were 4.6 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 32 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold more slowly (15 days then) and the median sale price fell 12% to $388,832. Overall, Medical Lake is less competitive than a year ago, which gives buyers more room.

Within Spokane County, homes here sell more slowly than in 94% of the county’s ZIP codes, and sell less often over asking than in 81%. On our competition score, Medical Lake ranks #291 of 298 WA ZIP codes with enough sales (score 19 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.