Rates, sales, and new listings across Spokane County
76Homes sold this week
172New listings
514Pending sales
76Avg days on market (sold)
7.40%30-year fixed
THIS WEEK AT A GLANCE
Across the areas I track, 76 homes sold and 172 new listings came on the market this week (October 3 to 10), 514 homes are pending, and 1,966 homes are currently for sale. That works out to about 6 months of supply, which gives buyers real choices and room to negotiate, so pricing and presentation matter more than ever for sellers. Rates moved up again to 7.40% on the 30-year, which puts principal and interest on a $360,000 home (10% down) at about $2,243 a month, roughly $26 more than last week. Homes that sold this week averaged 76 days on market from listing to closing, and today’s active listings have been on the market an average of 66 days. Among the larger areas, Spokane Valley is moving quickest at about 4.5 months of supply, while Cheney and Mead have the most homes for sale compared with how fast they are selling.
MORTGAGE RATES
30-year fixed
7.40%+0.12% vs last week
15-year fixed
6.73%+0.13% vs last week
Estimated principal & interest on a $360,000 home, 10% down $2,243/mo
Freddie Mac PMMS national averages as of 2026-10-08. Taxes, insurance, and PMI not included. Your rate will depend on your credit and loan program.
AREA BY AREA
AREA REPORT · ZIP 11 ZIP CODES
Spokane (City)
47Sold this week
118New listings
331Pending
1298Active
Median sold $479,900Median asking $438,450Months of supply 6.4Avg days on market 76 sold · 67 active
AREA REPORT · ZIP 99206, 99212, 99216, 99037
Spokane Valley
17Sold this week
30New listings
119Pending
334Active
Median sold $415,000Median asking $459,950Months of supply 4.5Avg days on market 73 sold · 64 active
AREA REPORT · ZIP 99019
Liberty Lake
5Sold this week
10New listings
22Pending
105Active
Median sold $450,000Median asking $550,000Months of supply 4.8Avg days on market 65 sold · 53 active
AREA REPORT · ZIP 99004
Cheney
2Sold this week
5New listings
22Pending
102Active
Median sold $320,975Median asking $449,999Months of supply 11.8Avg days on market 78 sold · 71 active
Small sample this week; one or two sales can swing these numbers.
AREA REPORT · ZIP 99003
Chattaroy
2Sold this week
1New listings
1Pending
30Active
Median sold $406,500Median asking $577,000Months of supply 3.5Avg days on market 188 sold · 73 active
Small sample this week; one or two sales can swing these numbers.
AREA REPORT · ZIP 99021
Mead
1Sold this week
4New listings
9Pending
44Active
Median sold $294,000Median asking $547,425Months of supply 10.2Avg days on market 25 sold · 65 active
Small sample this week; one or two sales can swing these numbers.
AREA REPORT · ZIP 99026
Nine Mile Falls
2Sold this week
4New listings
10Pending
53Active
Median sold $364,544Median asking $644,000Months of supply 6.1Avg days on market 43 sold · 85 active
Small sample this week; one or two sales can swing these numbers.
5-YEAR VIEW · HOW WE'RE LOOKING
Five years ago Spokane was a sprint: about 850 homes for sale, a typical listing went under contract in about a month, and rates were under 3%. Today it is a steadier walk. There are nearly 2,500 homes for sale, the typical listing takes 52 days, and about 1 in 4 sellers has reduced their price. Through it all, values have held. The typical Spokane-area home is worth about $418,000, up about 9% from five years ago and essentially flat for the last three years. For buyers, that means real choice and room to negotiate. For sellers, it means pricing and presentation matter from day one.
Prices have held steady
Typical home value (Zillow ZHVI)Median list price (Realtor.com)
Buyers have about 3x more homes to choose from
Homes for sale (Realtor.com active listings)30-year fixed rate, monthly avg (Freddie Mac)
Spokane metro
Sep 2021
Sep 2026
5-year change
Typical home value (Zillow)*
$384,915
$418,163
+8.6%
Median list price
$450,000
$477,950
+6.2%
Homes for sale
850
2,469
+190%
Median days on market
31
52
+21 days
Listings with a price cut
12.0%
24.4%
about 1 in 4
Pending sales
1,438
840
−42%
30-year fixed rate
2.90%
6.86%
+3.96 pts
Hover over (or tap) either chart to see the exact month and values. Spokane-Spokane Valley metro, monthly. Sources: Realtor.com Residential Data (list price, active and pending listings, days on market, price reductions, through Sep 2026); Zillow Home Value Index (typical home value, through Aug 2026); Freddie Mac PMMS via FRED (30-year fixed). *Zillow value is as of Aug 2026, its latest month. Metro-wide figures differ from the weekly area counts on this page, which use ljkennedy.com listing data.
A simple look at what's selling, what's new and where prices are moving across the Spokane area, straight to your inbox.
Summary counts come from the Spokane MLS via ljkennedy.com for the ZIP codes shown (houses, townhomes, condos and manufactured homes), collected October 10, 2026; tap any area to see each home behind them; "sold this week" and "new listings" cover the prior 7 days. Figures are approximate and may differ from official MLS statistics. Days on market come from the Spokane MLS via ljkennedy.com: for sold homes, listing date to closing date; for active homes, days listed so far. Months of supply = active listings ÷ monthly sales pace. Rates: Freddie Mac Primary Mortgage Market Survey. Not an appraisal. Equal Housing Opportunity.
