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CHENEY, WA 99004

Real Estate Market Report  ·  Spokane County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The CHENEY, WA real estate market (99004) currently shows 101 active listings, with 42 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice.

Homes are selling faster, averaging 39 days on market compared to 73 days last year.

The median listing price has risen 10.1% year-over-year, from $439,750 to $484,000.

Whether you are buying or selling in CHENEY, WA, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 22,210  ·  Density: 25.7/mi²  ·  Median household income: $60,939

Typical home value: $335,777  ·  Homeownership: 58.4%

Market Overview

Active Listings
101
⇧ 50.7% vs 67 last year
Pending
42
42% pending ratio
Median Price
$484,000
⇧ 10.1% vs $439,750 last year
Average Price
$576,140
⇧ 8.3% vs $531,984 last year
Days on Market
39
⇩ 46.6% vs 73 days last year

Price Per Square Foot

Median $/sqft
$244
⇧ 2.5% vs $238/sqft last year
Median Home Size
1,908 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 101 this year vs 67 last year
  • Days on market: 39 now vs 73 last year

Median & Average Pricing

Year over Year
  • Median: $484,000 (+10.1% YoY)
  • Average: $576,140 (+8.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.9 miles — 640 listings ($301,570,086 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99004Cheney, WA 990040.0 mi88$51,656,088$489,997$587,001
99031Spangle, WA 9903112.9 mi5$3,399,075$644,450$679,815
99149Malden, WA 9914914.9 mi1$360,000$360,000$360,000
99001Airway Heights, WA 9900116.1 mi23$8,874,343$394,698$385,841
99036Valleyford, WA 9903618.6 mi2$2,698,000$1,349,000$1,349,000
99223Spokane, WA 9922318.8 mi116$87,405,420$600,000$753,495
99017Lamont, WA 9901719.3 mi1$329,900$329,900$329,900
99032Sprague, WA 9903220.1 mi4$1,253,064$249,900$313,266
99202Spokane, WA 9920220.9 mi60$22,689,060$327,500$378,151
99205Spokane, WA 9920521.8 mi157$53,171,347$333,000$338,671
99207Spokane, WA 9920722.5 mi113$34,023,057$298,000$301,089
99212Spokane, WA 9921223.3 mi68$34,312,732$439,900$504,599
99030Rockford, WA 9903024.9 mi2$1,398,000$699,000$699,000

Frequently Asked Questions

How many homes are for sale in CHENEY, WA 99004?

As of February 2026, there are 101 active listings in CHENEY, WA (zip code 99004), compared to 67 the prior year.

What is the median home price in CHENEY, WA 99004?

The median listing price in CHENEY, WA 99004 is $484,000 as of February 2026, a 10.1% increase from $439,750 the prior year.

How long do homes stay on the market in CHENEY, WA?

Homes in CHENEY, WA 99004 spend an average of 39 days on the market before going under contract, compared to 73 days the prior year.

Is it a seller's or buyer's market in CHENEY, WA 99004?

Based on current inventory and days-on-market data as of February 2026, CHENEY, WA 99004 is currently a Balanced Market. Inventory has increased compared to last year, with 34 more homes available — giving buyers more choice. Homes are selling faster, averaging 39 days on market compared to 73 days last year.

How much can I save on real estate commission in CHENEY, WA?

With SELL123.com's maximum 3% commission, sellers in CHENEY, WA 99004 save an estimated $9,680 compared to a typical 5% commission on the median listing price of $484,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.