The Spokane Valley housing market is very competitive. Homes in Spokane Valley receive 2 offers on average and sell in around 14 days. The median sale price of a home in Spokane Valley was $433K last month, down 0.46% since last year. The median sale price per square foot in Spokane Valley is $221, up 1.8% since last year.
What is the housing market like in Spokane Valley today?
In June 2025, Spokane Valley home prices were down 0.46% compared to last year, selling for a median price of $433K. On average, homes in Spokane Valley sell after 14 days on the market compared to 13 days last year. There were 90 homes sold in June this year, down from 125 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$433,000
-0.46% YoY | Jun 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jun 2025
Growth
% YoY
Spokane Valley, WA
$433,000
-0.46%
United States
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How hot is the Spokane Valley housing market?
Spokane Valley is very competitive. Homes sell in 14 days.
0
100
79
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for around list price and go pending in around 14 days.
Hot homes
can sell for about 1% above list price and go pending in around 4 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Spokane Valley
Explore recent offers and recently sold homes in Spokane Valley
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Spokane Valley housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Spokane Valley.
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Spokane Valley has a moderate risk of flooding. 2,312 properties in Spokane Valley are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Spokane Valley. Flood risk is increasing faster than the national average.
92% of properties are at risk of wildfire over the next 30 years
Fire Factor
Spokane Valley has a major risk of wildfire. There are 31,150 properties in Spokane Valley that have some risk of being affected by wildfire over the next 30 years. This represents 92% of all properties in Spokane Valley.
Spokane Valley has minimal risk of severe winds over the next 30 years
Wind Factor
Spokane Valley has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.