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Spokane Real Estate Market Update for Week of November 8, 2019

Saturday, November 16, 2019   /   by Katrina Miller

Spokane Real Estate Market Update for Week of November 8, 2019

Spokane Real Estate Market Update for Week of November 8, 2019. 

T
here are only 1040 homes listed for sale.  There are only 286 available homes under $270,000. We have about 1.3 months of inventory here in Spokane. 

Forecast 2020-

Here are the latest forecasts for the housing market in Spokane, Washington. The median home value in Spokane is $205,600 on Zillow. Spokane home values have gone up 10.5% over the past year and Zillow’s Spokane real estate market prediction is that the prices will rise 8.9% in 2020. The median list price per square foot in Spokane is $202, which is higher than the Spokane-Spokane Valley Metro average of $191. The median price of homes currently listed in Spokane is $235,500 while the median price of homes that sold is $200,900. The median rent price in Spokane is $1,250, which is lower than the Spokane-Spokane Valley Metro median of $1,295.

What is the best neighborhood according to Norada?
There are 263 schools in Spokane, WA. There are 98 elementary schools, 51 middle schools, 51 high schools and 63 private & charter schools. There are 45 neighborhoods in Spokane. Latah Valley has a median listing price of $365.8K, making it the most expensive neighborhood.

Call me to chat about the market! 

Katrina Jo Miller
509-496-2288
katrina@havenrealestategroup.com 


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Haven Real Estate Group
Cambria Henry
304 W Pacific Ave; Suite 360
Spokane, WA 99201
509-590-4701

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
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