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Bemiss Chief Garry Park Hillyard Lidgerwood (Nevada) Logan Minnehaha Whitman

SPOKANE, WA 99207

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

Neighborhoods in ZIP 99207

Bemiss · Chief Garry Park · Hillyard · Lidgerwood (Nevada) · Logan · Minnehaha · Whitman

Market Analysis

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

The SPOKANE, WA real estate market (99207) currently shows 119 active listings, with 47 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice.

Homes are selling faster, averaging 37 days on market compared to 39 days last year.

The median listing price has fallen 4.3% year-over-year, from $309,464 to $296,100.

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: 32,219  ·  Density: 2,394.2/mi²  ·  Median household income: $53,414

Typical home value: $207,141  ·  Homeownership: 55.3%

Market Overview

Active Listings
119
⇧ 35.2% vs 88 last year
Pending
47
39% pending ratio
Median Price
$296,100
⇩ 4.3% vs $309,464 last year
Average Price
$298,559
⇩ 5.3% vs $315,335 last year
Days on Market
37
⇩ 5.1% vs 39 days last year

Price Per Square Foot

Median $/sqft
$198
⇧ 0.5% vs $197/sqft last year
Median Home Size
1,525 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 119 this year vs 88 last year
  • Days on market: 37 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $296,100 (-4.3% YoY)
  • Average: $298,559 (-5.3% 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 14.9 miles — 930 listings ($505,976,415 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
99207Spokane, WA 992070.0 mi113$34,023,057$298,000$301,089
99205Spokane, WA 992052.7 mi157$53,171,347$333,000$338,671
99204Spokane, WA 992043.4 mi30$9,504,390$271,950$316,813
99203Spokane, WA 992034.2 mi61$49,353,636$612,500$809,076
99217Spokane, WA 992176.9 mi71$38,811,369$440,000$546,639
99224Spokane, WA 992247.4 mi96$66,375,936$499,000$691,416
99206Spokane, WA 992067.6 mi113$61,500,137$459,000$544,249
99037Veradale, WA 990379.6 mi57$36,424,425$524,900$639,025
99005Colbert, WA 9900510.8 mi39$36,604,581$774,000$938,579
99016Greenacres, WA 9901612.2 mi107$59,492,642$499,990$556,006
99014Four Lakes, WA 9901413.1 mi1$525,000$525,000$525,000
99023Mica, WA 9902314.3 mi5$4,081,335$749,900$816,267
99019Liberty Lake, WA 9901914.9 mi80$56,108,560$599,000$701,357

Frequently Asked Questions

How many homes are for sale in SPOKANE, WA 99207?

As of February 2026, there are 119 active listings in SPOKANE, WA (zip code 99207), compared to 88 the prior year.

What is the median home price in SPOKANE, WA 99207?

The median listing price in SPOKANE, WA 99207 is $296,100 as of February 2026, a 4.3% decrease from $309,464 the prior year.

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

Homes in SPOKANE, WA 99207 spend an average of 37 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in SPOKANE, WA 99207?

Based on current inventory and days-on-market data as of February 2026, SPOKANE, WA 99207 is currently a Balanced Market. Inventory has increased compared to last year, with 31 more homes available — giving buyers more choice. Homes are selling faster, averaging 37 days on market compared to 39 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 99207 save an estimated $5,922 compared to a typical 5% commission on the median listing price of $296,100. 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.