Zip 99016 (Spokane Valley, WA) Housing

Spokane Valley, WA is an area with a healthy housing market. The median value in Spokane Valley is $482,100, which is significantly higher than the US median value of $338,100. Home appreciation also grew by 8.86% over the past year, higher than the nation-wide appreciation of 8.27%. This data suggests that Spokane Valley is a great place to invest in real estate due to its thriving housing market and high values compared to other areas in the US.

The median home cost in Spokane Valley (zip 99016) is $482,100. Home appreciation the last 10 years has been 147.4%. Home Appreciation in Spokane Valley (zip 99016) is up 18.1%.

Average Age of Homes

- The median age of Spokane Valley (zip 99016) real estate is 19 years old

The Rental Market in Spokane Valley (zip 99016)

- Renters make up 18.1% of the Spokane Valley (zip 99016) population
- 1.3% of houses and apartments in Spokane Valley (zip 99016), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Spokane Valley, Washington	United States
	7,323.0	139,647,020.0
	21	42
	$482,100	$338,100
	18.1%	16.6%
	93.6%	57.0%
	147.4%	101.1%
	$10.00	$10.98
	$3,455	$2,690
	77.2%	57.4%
	2.7%	11.2%
	20.1%	31.4%
Vacant Housing
	1.3%	1.9%
	0.0%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	0.0%	2.4%
	1.7%	2.8%
	2.2%	3.9%
	1.4%	4.5%
	3.8%	11.3%
	4.0%	13.0%
	25.2%	20.1%
	26.0%	13.6%
	14.5%	8.3%
	15.1%	9.7%
	5.0%	3.9%
	0.2%	2.2%
	0.2%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	1.0%	0.2%
	24.9%	13.6%
	24.9%	13.6%
	16.1%	13.6%
	6.7%	13.2%
	13.4%	14.8%
	16.1%	13.6%
	3.6%	10.0%
	4.2%	4.7%
	4.7%	12.2%

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