The housing in Spokane, LA is less expensive than the national average, with a median value of $348,500 compared to $338,100. While housing appreciation across the country increased 8.27%, the Spokane area only saw an increase of 0.82%. This indicates that while the housing market is still stable and growing slowly, it is not as strong as other parts of the country. It may be a good time to invest in property here since prices are still relatively low compared to other US markets.
The median home cost in Spokane is $348,500. Home appreciation the last 10 years has been 36.9%. Home Appreciation in Spokane is up 8.6%.
Average Age of Homes
- The median age of Spokane real estate is 38 years old
The Rental Market in Spokane
- Renters make up 5.6% of the Spokane population
- 0.0% of houses and apartments in Spokane, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.