Is Spokane, WA 99204 a buyer’s or seller’s market?

The Spokane housing market right now

In the three months ending August 31, 2026, 7% of homes in Spokane, WA 99204 sold above their list price, the typical home went under contract in 62 days and there were 4.1 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 31 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (5% then), homes sold more slowly (54 days then) and the median sale price fell 42% to $237,397. Overall, Spokane is about as competitive as it was a year ago.

Within Spokane County, homes here sell more slowly than in 97% of the county’s ZIP codes, and sell less often over asking than in 91%. On our competition score, Spokane ranks #287 of 298 WA ZIP codes with enough sales (score 21 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.