The Five Mile Prairie housing market is somewhat competitive. The median sale price of a home in Five Mile Prairie was $565K last month, down 9.95% since last year. The median sale price per square foot in Five Mile Prairie is $242, up 16.0% since last year.
What is the housing market like in Five Mile Prairie today?
In March 2024, Five Mile Prairie home prices were down 9.95% compared to last year, selling for a median price of $565K. On average, homes in Five Mile Prairie sell after 28 days on the market compared to 69 days last year. There were 25 homes sold in March this year, up from 24 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$565,000
-9.95% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Five Mile Prairie, WA
$565,000
-9.95%
United States
To compare other locations to the Five Mile Prairie and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Spokane add value to a home.
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How hot is the Five Mile Prairie housing market?
Five Mile Prairie is somewhat competitive. Homes sell in 24 days.
0
100
63
Somewhat 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
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 24 days.
Hot homes
can sell for around list price and go pending in around 4 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
9/10
Prairie View Elementary School
Public • K-5
665
Students
4 reviews
6/10
Mead Education Partnership Prog
Public • K-12 • Choice school
471
Students
1 reviews
4/10
Indian Trail Elementary School
Public • PreK-6
335
Students
4 reviews
NR
Excelsior Youth Center School
Public • 5-12
2
Students
N/A
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 Five Mile Prairie housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Five Mile Prairie.
Risk Factor
Flood Factor - Minor
<1% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Five Mile Prairie has a minor risk of flooding. 12 properties in Five Mile Prairie are likely to be
severely affected
by flooding over the next 30 years. This represents <1% of all properties in Five Mile Prairie. Flood risk is increasing faster than the national average.
97% of properties are at risk of wildfire over the next 30 years
Fire Factor
Five Mile Prairie has a moderate risk of wildfire. There are 3,389 properties in Five Mile Prairie that have some risk of being affected by wildfire over the next 30 years. This represents 97% of all properties in Five Mile Prairie.
Five Mile Prairie has minimal risk of severe winds over the next 30 years
Wind Factor
Five Mile Prairie has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
65% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Five Mile Prairie has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 65% of homes in Five Mile Prairie have a Minor Heat Factor®.
Five Mile Prairie is expected to see a 100% increase in the number of days over 94ºF over the next 30 years. Five Mile Prairie is expected to experience 7