The housing market in Spokane, WA (99223) is above the US median value with a current median house value at $458,100. This is a significant increase from the national median of $338,100. In the past year, the housing market has appreciated 8.77%, which is higher than the national average of 8.27%. This indicates that Spokane's housing market is healthy and growing. The high appreciation rate suggests that potential buyers should act fast when looking for homes in this area as prices are likely to continue going up.
The median home cost in Spokane (zip 99223) is $458,100. Home appreciation the last 10 years has been 158.6%. Home Appreciation in Spokane (zip 99223) is up 14.7%.
Average Age of Homes
- The median age of Spokane (zip 99223) real estate is 30 years old
The Rental Market in Spokane (zip 99223)
- Renters make up 32.9% of the Spokane (zip 99223) population
- 2.0% of houses and apartments in Spokane (zip 99223), 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.