Market Intelligence · WA / Spokane

Spokane, WA 99203 Housing Market

The typical home value in Spokane's 99203 ZIP is $488,561, up 0.3% over the past year. The median list price sits at $572,500, with homes spending a median 55 days on market as of September 2026.

Updated September 2026Median value$485K

The median home value in Spokane, WA 99203 is $485K as of September 2026, up 0.4% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

Sell without the wait

Sell your Spokane home for cash.

A competitive, no-obligation cash offer from our institutional network. No repairs, no showings, close on your timeline. Most sellers get their cash offer within 24 hours.

Typical 99203 range

$447K to $524K

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.

Asset monitoring

Track your home's value.

A free monthly briefing with your estimated value and 99203 market stats. Unsubscribe anytime.

See how a cash offer works citywide: Sell your house fast in Spokane, WA.

12-month value trend

+0.4% over 12 months

Sep 2025$483K

Low $483KHigh $491K

Sep 2026$485K

The numbers

What is the 99203 housing market like?

As of September 2026

Typical home value

$485K

0.4%YoY

Median list price

$573K

4.5%MoM

Days on market

7.8%MoM

Homes for sale

102

6.3%MoM

Price cuts

25.5%

13.6%MoM

New listings

11.1%MoM

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

The outlook

99203 housing market forecast 2027

0.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99203 to stay roughly flat by September 2027 (no change).

Over the 12 months through September 2026, typical home values in 99203 rose 0.4%, per the Zillow Home Value Index.

Will home prices drop in 99203?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 99203 to stay roughly flat by September 2027 (no change), 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.

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

Free home value report

See what your 99203 home is worth.

See your estimated value and a real cash offer, side by side. No obligation, about a minute.

The comparison

How do 99203 home prices compare?

99203$485,351
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

Spokane's 99203 area has 102 homes for sale and 40 new listings as of September 2026. The median list price of $572,500 reflects a market where homes are taking time to find buyers, with a 55-day median time on market. A quarter of listings, specifically 25.5%, have already seen price reductions. For sellers, this suggests patience will be needed, and pricing competitively from the start could be important.

Monthly payment

Estimate your monthly payment.

Home price

Down payment20% · $97,070

Term

Rate (%)

Common questions

What people ask us.

What is the typical home value in 99203?

The typical home value in Spokane's 99203 ZIP is $488,561, which has risen 0.3% over the past year as of August 2026.

How long do homes typically stay on the market here?

Homes in 99203 spend a median 55 days on market before selling, as of September 2026.

What share of listings have price cuts?

As of September 2026, 25.5% of listings in 99203 have experienced a price reduction.

Discover

Nearby ZIP markets.

Keep reading