Spokane, WA has a median housing value of $383,100, which is significantly higher than the US Median house value of $338,100. Spokane has also seen an 8.77% one year appreciation in the housing market, greater than the US average of 8.27%. This indicates that Spokane is a desirable location to purchase property right now and could possibly see further appreciation in the future.
The median home cost in Spokane is $383,100. Home appreciation the last 10 years has been 158.6%. Home Appreciation in Spokane is up 14.7%.
Average Age of Homes
- The median age of Spokane real estate is 58 years old
The Rental Market in Spokane
- Renters make up 40.0% of the Spokane population
- 1.1% 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.