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Market Intelligence · WA / Pierce County

Spanaway, WA home prices and housing market

1 ZIP market liveData updated September 2026Typical value$501K1-yr changeUp0.4%

The typical home value in Spanaway, WA is $501K as of September 2026, up 0.4% from a year ago, based on the Zillow Home Value Index. In the typical Spanaway ZIP code, the median list price is $520K and homes spend a median of 58 days on market as of September 2026 (Realtor.com).

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The coverage

Spanaway, by the numbers.

Typical home valueZillow ZHVI, September 2026
$501K
1-yr changeMedian across Spanaway ZIPs
+0.4%
ZIP markets live
1
County
Pierce County

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12-month value trend

+0.4% over 12 months

Typical home value in Spanaway over the last 12 months: $499K in Sep 2025 to $501K in Sep 2026 (+0.4%).

Sep 2025$499K

Sep 2026$501K

Median Zillow home value index across Spanaway's ZIP codes.

Context

Spanaway's housing market shows modest momentum heading into fall 2026. The typical home value sits at $500,996, up 0.4% over the past year as of September 2026. With 184 homes for sale and a median list price of $519,725, inventory remains moderate. Homes spend a median of 58 days on market, and 50 new listings entered the market in September. The fact that 31.8% of listings have seen a price cut suggests sellers are adjusting to market conditions. For homeowners considering a sale, this is a balanced market where pricing strategy and presentation matter more than seller's advantage.

The numbers

What is the housing market like in Spanaway, WA?

Typical home value

$501K

Up0.4%YoY

Median list price

$520K

Days on market

58

Homes for sale

184

Price cuts

31.8%

New listings

50

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Spanaway's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Spanaway, WA home prices over time

Typical home values in Spanaway, WA are up 0.4% over the past year, from $499K in September 2025 to $501K in September 2026.

Typical home value in Spanaway, WA, September of each year
MonthTypical value1-yr change
September 2026$500,996+0.4%
September 2025$498,831No prior year

Typical value is the median Zillow Home Value Index across Spanaway ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Spanaway, WA a buyer's or seller's market?

Spanaway, WA leans toward a buyer's market.

A large share of listings have cut their asking price and homes for sale are building up relative to new listings, which gives buyers more room to negotiate.

Based on a median of 58 days on market and 32% of listings with a price cut in the typical Spanaway ZIP code, and 50 new listings against 184 active listings across Spanaway, as of September 2026 (Realtor.com).

The outlook

Spanaway housing market forecast 2027

+0.2%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 1 Spanaway ZIP code, points to typical home values holding roughly flat by September 2027 (up 0.2%).

Over the 12 months through September 2026, typical home values in Spanaway rose 0.4%, per the Zillow Home Value Index.

Will home prices drop in Spanaway?

Not by much, on the forecasts: a weighted average of Zillow's ZIP forecasts for Spanaway shows typical home values holding roughly flat by September 2027 (up 0.2%), after a 0.4% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 1 Spanaway ZIP code has both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Spanaway?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier.

Zillow ZHVI, September 2026

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Common questions

Questions about Spanaway, WA home prices.

What is a typical home value in Spanaway?

The typical home value in Spanaway is $500,996 as of September 2026, up 0.4% over the past year.

How many homes are currently for sale in Spanaway?

There are 184 homes for sale in Spanaway as of September 2026, with 50 new listings added that month.

How long do homes typically stay on the market in Spanaway?

Homes in Spanaway spend a median of 58 days on market as of September 2026.

Are home prices going up or down in Spanaway, WA?

Typical home values in Spanaway, WA are up 0.4% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Spanaway, WA a buyer's or seller's market?

Spanaway, WA leans toward a buyer's market. A large share of listings have cut their asking price and homes for sale are building up relative to new listings, which gives buyers more room to negotiate. Based on a median of 58 days on market and 32% of listings with a price cut in the typical Spanaway ZIP code, and 50 new listings against 184 active listings across Spanaway, as of September 2026 (Realtor.com).

Nearby markets

More Washington housing markets.

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