Is Otis Orchards, WA 99027 a buyer’s or seller’s market?
Otis Orchards is a seller’s market. With about 1.2 months of supply and 21% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 73% of U.S. ZIP codes, and #63 of 298 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Otis Orchards housing market right now
In the three months ending August 31, 2026, 21% of homes in Otis Orchards, WA 99027 sold above their list price, the typical home went under contract in 33 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 25 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold about as fast and the median sale price rose 19% to $549,262. Overall, Otis Orchards is more competitive than a year ago, so tougher for buyers.
Within Spokane County, homes here sell more slowly than in 59% of the county’s ZIP codes, and sell less often over asking than in 56%. On our competition score, Otis Orchards ranks #63 of 298 WA ZIP codes with enough sales (score 69 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.
Run the numbers for 99027
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 →Towns like Otis Orchards nearby
Find towns like Otis Orchards in other states →Where Otis Orchards is
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Questions about Otis Orchards real estate
Is Otis Orchards a buyer’s or seller’s market?
A seller’s market: there were 1.2 months of supply in Otis Orchards, WA 99027 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 Otis Orchards?
The typical home went under contract in 33 days in the latest three months.
Do homes in Otis Orchards sell over asking?
21% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.
What are property taxes in Otis Orchards?
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 Otis Orchards?
The median sale price was $549,262 in the three months ending August 31, 2026, about $228 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