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Emerson (Garfield) North Hill Northwest West Central

SPOKANE, WA 99205

Real Estate Market Report  ·  Spokane County
Buyer's Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 99205

Emerson (Garfield) · North Hill · Northwest · West Central

Market Analysis

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

The SPOKANE, WA real estate market (99205) currently shows 157 active listings, with 63 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 37 days on market compared to 34 days last year.

The median listing price has fallen 1.6% year-over-year, from $347,488 to $341,950.

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: 44,216  ·  Density: 1,903.8/mi²  ·  Median household income: $69,055

Typical home value: $255,313  ·  Homeownership: 69.9%

Market Overview

Active Listings
157
⇧ 16.3% vs 135 last year
Pending
63
40% pending ratio
Median Price
$341,950
⇩ 1.6% vs $347,488 last year
Average Price
$346,737
⇩ 6.3% vs $370,109 last year
Days on Market
37
⇧ 8.8% vs 34 days last year

Price Per Square Foot

Median $/sqft
$193
⇩ 2.5% vs $198/sqft last year
Median Home Size
1,845 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 157 this year vs 135 last year
  • Days on market: 37 now vs 34 last year

Median & Average Pricing

Year over Year
  • Median: $341,950 (-1.6% YoY)
  • Average: $346,737 (-6.3% 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 16.7 miles — 960 listings ($534,529,906 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99205Spokane, WA 992050.0 mi157$53,171,347$333,000$338,671
99207Spokane, WA 992072.7 mi113$34,023,057$298,000$301,089
99202Spokane, WA 992024.2 mi60$22,689,060$327,500$378,151
99203Spokane, WA 992035.1 mi61$49,353,636$612,500$809,076
99208Spokane, WA 992085.9 mi180$111,688,740$539,900$620,493
99001Airway Heights, WA 990017.6 mi23$8,874,343$394,698$385,841
99223Spokane, WA 992239.1 mi116$87,405,420$600,000$753,495
99005Colbert, WA 9900510.9 mi39$36,604,581$774,000$938,579
99026Nine Mile Falls, WA 9902611.1 mi40$28,023,320$643,750$700,583
99037Veradale, WA 9903712.3 mi57$36,424,425$524,900$639,025
99036Valleyford, WA 9903614.7 mi2$2,698,000$1,349,000$1,349,000
99016Greenacres, WA 9901614.9 mi107$59,492,642$499,990$556,006
99023Mica, WA 9902316.7 mi5$4,081,335$749,900$816,267

Frequently Asked Questions

How many homes are for sale in SPOKANE, WA 99205?

As of February 2026, there are 157 active listings in SPOKANE, WA (zip code 99205), compared to 135 the prior year.

What is the median home price in SPOKANE, WA 99205?

The median listing price in SPOKANE, WA 99205 is $341,950 as of February 2026, a 1.6% decrease from $347,488 the prior year.

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

Homes in SPOKANE, WA 99205 spend an average of 37 days on the market before going under contract, compared to 34 days the prior year.

Is it a seller's or buyer's market in SPOKANE, WA 99205?

Based on current inventory and days-on-market data as of February 2026, SPOKANE, WA 99205 is currently a Buyer's Market. Inventory has increased compared to last year, with 22 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 37 days on market compared to 34 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 99205 save an estimated $6,839 compared to a typical 5% commission on the median listing price of $341,950. 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.