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Chester Opportunity

SPOKANE, WA 99206

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

Neighborhoods in ZIP 99206

Chester · Opportunity

Market Analysis

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

The SPOKANE, WA real estate market (99206) currently shows 128 active listings, with 54 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 37 days on market compared to 32 days last year.

The median listing price has fallen 3.6% year-over-year, from $476,224 to $458,900.

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: 42,850  ·  Density: 708.4/mi²  ·  Median household income: $70,641

Typical home value: $331,260  ·  Homeownership: 61.2%

Market Overview

Active Listings
128
⇧ 43.8% vs 89 last year
Pending
54
42% pending ratio
Median Price
$458,900
⇩ 3.6% vs $476,224 last year
Average Price
$557,300
⇧ 8.4% vs $514,294 last year
Days on Market
37
⇧ 15.6% vs 32 days last year

Price Per Square Foot

Median $/sqft
$226
⇧ 9.2% vs $207/sqft last year
Median Home Size
2,040 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 128 this year vs 89 last year
  • Days on market: 37 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $458,900 (-3.6% YoY)
  • Average: $557,300 (+8.4% 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 15.4 miles — 1,069 listings ($606,418,062 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99206Spokane, WA 992060.0 mi113$61,500,137$459,000$544,249
99212Spokane, WA 992123.6 mi68$34,312,732$439,900$504,599
99223Spokane, WA 992234.6 mi116$87,405,420$600,000$753,495
99202Spokane, WA 992026.1 mi60$22,689,060$327,500$378,151
99203Spokane, WA 992036.9 mi61$49,353,636$612,500$809,076
99207Spokane, WA 992077.6 mi113$34,023,057$298,000$301,089
99204Spokane, WA 992048.1 mi30$9,504,390$271,950$316,813
99019Liberty Lake, WA 990198.3 mi80$56,108,560$599,000$701,357
99205Spokane, WA 9920510.1 mi157$53,171,347$333,000$338,671
99030Rockford, WA 9903012.3 mi2$1,398,000$699,000$699,000
99025Newman Lake, WA 9902513.6 mi20$18,898,300$799,500$944,915
83854Post Falls, ID 8385414.7 mi226$169,179,080$610,250$748,580
99001Airway Heights, WA 9900115.4 mi23$8,874,343$394,698$385,841

Frequently Asked Questions

How many homes are for sale in SPOKANE, WA 99206?

As of February 2026, there are 128 active listings in SPOKANE, WA (zip code 99206), compared to 89 the prior year.

What is the median home price in SPOKANE, WA 99206?

The median listing price in SPOKANE, WA 99206 is $458,900 as of February 2026, a 3.6% decrease from $476,224 the prior year.

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

Homes in SPOKANE, WA 99206 spend an average of 37 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in SPOKANE, WA 99206?

Based on current inventory and days-on-market data as of February 2026, SPOKANE, WA 99206 is currently a Buyer's Market. Inventory has increased compared to last year, with 39 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 37 days on market compared to 32 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 99206 save an estimated $9,178 compared to a typical 5% commission on the median listing price of $458,900. 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.