Saturday, November 16, 2019 / by Katrina Miller
There 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.
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