Is Mica, WA 99023 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Mica is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply9.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list—Sold price ÷ list price
Median days on market102Listing to accepted offer
Median price per sq ft$125▼ −41.3% vs. last year

The Mica housing market right now

In the three months ending August 31, 2026, 0% of homes in Mica, WA 99023 sold above their list price, the typical home went under contract in 102 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (46 days then) and the median sale price fell 70% to $149,935. Overall, Mica is less competitive than a year ago, which gives buyers more room.

Within Spokane County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.

Nearby, Fairfield 99012 (50% sold over asking) and Airway Heights 99001 (36% sold over asking) are even more competitive.

Nearby markets

Airway Heights 99001Seller’s market $233 /sq ftChattaroy 99003Seller’s market $246 /sq ftCheney 99004Seller’s market $233 /sq ftColbert 99005Balanced $216 /sq ft Browse all markets →

Where Mica is

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Questions about Mica real estate

Is Mica a buyer’s or seller’s market?

A buyer’s market: there were 9.6 months of supply in Mica, WA 99023 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Mica?

The typical home went under contract in 102 days in the latest three months.

Do homes in Mica sell over asking?

0% of homes sold above their original list price.

What are property taxes in Mica?

About 0.84% of a home’s value a year in Spokane County, or roughly $3,360 on a $400,000 home.

What is the median home price in Mica?

The median sale price was $149,935 in the three months ending August 31, 2026, about $125 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology