Is Spangle, WA 99031 a buyer’s or seller’s market?

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

Spangle is a seller’s market. With about 2.1 months of supply and 33% 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.

Months of supply2.1Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list89.4%Sold price ÷ list price
Median days on market27Listing to accepted offer
Median price per sq ft$176▼ −41.2% vs. last year

The Spangle housing market right now

In the three months ending August 31, 2026, 33% of homes in Spangle, WA 99031 sold above their list price, the typical home went under contract in 27 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold more slowly (4 days then) and the median sale price fell 71% to $303,619. Overall, Spangle is less competitive than a year ago, which gives buyers more room.

Within Spokane County, homes here sell faster than in 69% of the county’s ZIP codes, and sell more often over asking than in 94%.

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.

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 Spangle is

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Questions about Spangle real estate

Is Spangle a buyer’s or seller’s market?

A seller’s market: there were 2.1 months of supply in Spangle, WA 99031 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 Spangle?

The typical home went under contract in 27 days in the latest three months.

Do homes in Spangle sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 89.4% of the list price.

What are property taxes in Spangle?

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 Spangle?

The median sale price was $303,619 in the three months ending August 31, 2026, about $176 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