Is Spokane, WA 99202 a buyer’s or seller’s market?

The Spokane housing market right now

In the three months ending August 31, 2026, 28% of homes in Spokane, WA 99202 sold above their list price, the typical home went under contract in 42 days and there were 4.7 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 51 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (27% then), homes sold more slowly (15 days then) and the median sale price fell 15% to $304,868. Overall, Spokane is less competitive than a year ago, which gives buyers more room.

Within Spokane County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 81%. On our competition score, Spokane ranks #207 of 298 WA ZIP codes with enough sales (score 49 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.