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Browne's Addition Brownes Addition Emerson (Garfield) Peaceful Valley Riverside (Downtown) West Central

SPOKANE, WA 99201

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

Neighborhoods in ZIP 99201

Browne's Addition · Brownes Addition · Emerson (Garfield) · Peaceful Valley · Riverside (Downtown) · West Central

Market Analysis

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

The SPOKANE, WA real estate market (99201) currently shows 40 active listings, with 11 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 31 days on market compared to 48 days last year.

The median listing price has fallen 6.4% year-over-year, from $410,000 to $383,750.

Whether you are buying or selling in SPOKANE, 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: 14,246  ·  Density: 1,852.0/mi²  ·  Median household income: $34,462

Typical home value: $219,573  ·  Homeownership: 28.3%

Market Overview

Active Listings
40
vs 40 last year
Pending
11
28% pending ratio
Median Price
$383,750
⇩ 6.4% vs $410,000 last year
Average Price
$450,508
⇩ 26% vs $608,470 last year
Days on Market
31
⇩ 35.4% vs 48 days last year

Price Per Square Foot

Median $/sqft
$215
⇩ 25.9% vs $290/sqft last year
Median Home Size
1,715 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 31 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $383,750 (-6.4% YoY)
  • Average: $450,508 (-26% 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 16.8 miles — 743 listings ($437,242,529 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99201Spokane, WA 992010.0 mi38$17,544,258$380,000$461,691
99205Spokane, WA 992052.4 mi157$53,171,347$333,000$338,671
99203Spokane, WA 992032.8 mi61$49,353,636$612,500$809,076
99224Spokane, WA 992244.8 mi96$66,375,936$499,000$691,416
99218Spokane, WA 992186.8 mi38$21,242,190$469,900$559,005
99001Airway Heights, WA 990017.2 mi23$8,874,343$394,698$385,841
99206Spokane, WA 992068.8 mi113$61,500,137$459,000$544,249
99014Four Lakes, WA 9901410.3 mi1$525,000$525,000$525,000
99037Veradale, WA 9903711.2 mi57$36,424,425$524,900$639,025
99005Colbert, WA 9900513.0 mi39$36,604,581$774,000$938,579
99022Medical Lake, WA 9902213.4 mi28$18,064,116$559,950$645,147
99027Otis Orchards, WA 9902714.7 mi12$11,454,000$734,950$954,500
99019Liberty Lake, WA 9901916.8 mi80$56,108,560$599,000$701,357

Frequently Asked Questions

How many homes are for sale in SPOKANE, WA 99201?

As of February 2026, there are 40 active listings in SPOKANE, WA (zip code 99201), compared to 40 the prior year.

What is the median home price in SPOKANE, WA 99201?

The median listing price in SPOKANE, WA 99201 is $383,750 as of February 2026, a 6.4% decrease from $410,000 the prior year.

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

Homes in SPOKANE, WA 99201 spend an average of 31 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in SPOKANE, WA 99201?

Based on current inventory and days-on-market data as of February 2026, SPOKANE, WA 99201 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 31 days on market compared to 48 days last year.

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

With SELL123.com's maximum 3% commission, sellers in SPOKANE, WA 99201 save an estimated $7,675 compared to a typical 5% commission on the median listing price of $383,750. 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.