Market Intelligence · WA / Spokane

Spokane, WA 99202 Housing Market

The typical home value in Spokane's 99202 ZIP code is $308,503 as of September 2026, down 1.2% over the past year. Homes here carry a median list price of $327,475, and the median days on market is 59. Sellers should expect a slower, softer market than the list prices suggest.

Updated September 2026Median value$309K

The median home value in Spokane, WA 99202 is $309K as of September 2026, down 1.2% 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 99202 range

$284K to $333K

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

-1.2% over 12 months

Typical home value in 99202 over the last 12 months: $312K in Sep 2025 to $309K in Sep 2026 (-1.2%).

Sep 2025$312K

Sep 2026$309K

The numbers

What is the 99202 housing market like?

Typical home value

$309K

Down1.2%YoY

Median list price

$327K

Down2.2%MoM

Days on market

59

Up18.0%MoM

Homes for sale

84

Up13.5%MoM

Price cuts

27.1%

Up57.4%MoM

New listings

24

Up20.0%MoM

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

The outlook

99202 housing market forecast 2027

-0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99202 to stay roughly flat by September 2027 (down 0.1%).

Over the 12 months through September 2026, typical home values in 99202 fell 1.2%, per the Zillow Home Value Index.

Will home prices drop in 99202?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 99202 to stay roughly flat by September 2027 (down 0.1%), after a 1.2% 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 99202 home prices compare?

  • 99202$308,503
  • 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

In September 2026 there were 84 homes for sale in 99202, with 24 new listings coming on that month. The median list price of $327,475 sits above the typical home value of $308,503, which has fallen 1.2% over the past year. Homes are taking a median of 59 days to sell, and 27.1% of listings have had a price cut. That combination points to buyers negotiating rather than competing. A seller here should price realistically from the start, because overpricing is likely to mean waiting and then cutting anyway.

Monthly payment

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20% · $61,701

Common questions

What people ask us.

How much is a home in 99202 worth?

The typical home value in 99202 is $308,503 as of September 2026, down 1.2% over the past year. The median list price is higher, at $327,475.

How long does it take to sell a home in 99202?

The median days on market in 99202 is 59 as of September 2026. That is slow enough that pricing correctly matters, especially with 27.1% of listings already taking a price cut.

Is now a good time to sell in 99202?

Values are down 1.2% over the past year, and buyers have room to negotiate. If you need to sell, a realistic asking price gives you a better chance than starting high and cutting later.

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