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Market Intelligence · WA / Spokane

Spokane, WA 99201 Housing Market

The typical home in Spokane's 99201 ZIP code is worth $320,743, down 1.5% over the past year as of September 2026. The median list price sits at $367,250, and homes are spending a median of 62 days on the market. That gap between list price and typical value is worth noting for sellers.

Updated September 2026Median value$321K

The median home value in Spokane, WA 99201 is $321K as of September 2026, down 1.5% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 99201 range

$295K to $346K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-1.5% over 12 months

Typical home value in 99201 over the last 12 months: $326K in Sep 2025 to $321K in Sep 2026 (-1.5%).

Sep 2025$326K

Sep 2026$321K

The numbers

What is the 99201 housing market like?

Typical home value

$321K

Down1.5%YoY

Median list price

$367K

Up5.0%MoM

Days on market

62

Up5.1%MoM

Homes for sale

57

Down3.4%MoM

Price cuts

25.9%

Down7.5%MoM

New listings

12

Down25.0%MoM

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

The outlook

99201 housing market forecast 2027

-0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99201 to stay roughly flat by September 2027 (down 0.1%).

Over the 12 months through September 2026, typical home values in 99201 fell 1.5%, per the Zillow Home Value Index.

Will home prices drop in 99201?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 99201 to stay roughly flat by September 2027 (down 0.1%), after a 1.5% decline over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 99201 home prices compare?

  • 99201$320,743
  • Spokane$390,616
  • Washington$496,668
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Spokane: 14 ZIPs; Washington: 485 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, there are 57 homes for sale in the 99201 area, with only 12 new listings coming on. The typical home value of $320,743 has slipped 1.5% over the past year, while the median list price of $367,250 suggests many sellers are still aiming above that mark. Buyers are taking their time, with a median of 62 days on market, and 25.9% of listings have taken a price cut. The honest takeaway for a seller is that pricing realistically from the start matters more right now than testing the high end.

Monthly payment

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20% · $64,149

Common questions

What people ask us.

How much is a home in 99201 worth?

The typical home value in 99201 is $320,743 as of September 2026, down 1.5% over the past year.

How fast are homes selling in 99201?

Homes are spending a median of 62 days on the market as of September 2026, so sellers should expect a slower pace than a hot market.

Are sellers in 99201 cutting prices?

Yes. As of September 2026, 25.9% of listings in 99201 have taken a price cut.

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