Market Intelligence · WA / Spokane

Spokane, WA 99203 Housing Market

The typical home in Spokane's 99203 ZIP code is worth $485,351, up 0.4% over the past year as of September 2026. Sellers are listing at a median of $572,500, and homes are taking a median of 55 days to go under contract.

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. 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 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.

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12-month value trend

+0.4% over 12 months

Typical home value in 99203 over the last 12 months: $483K in Sep 2025 to $485K in Sep 2026 (+0.4%).

Sep 2025$483K

Sep 2026$485K

The numbers

What is the 99203 housing market like?

Typical home value

$485K

Up0.4%YoY

Median list price

$573K

Down4.5%MoM

Days on market

55

Up7.8%MoM

Homes for sale

102

Up6.3%MoM

Price cuts

25.5%

Down13.6%MoM

New listings

40

Up11.1%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.

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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

Values in 99203 have been nearly flat, rising 0.4% over the past year to a typical value of $485,351 as of September 2026. The median list price sits at $572,500, while 102 homes were on the market and 40 new listings came on. Homes are taking a median of 55 days to sell, and 25.5% of listings have taken a price cut. For a seller, that points to a market where pricing realistically from the start matters more than testing a high number.

Monthly payment

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20% · $97,070

Common questions

What people ask us.

How much is a home in 99203 worth?

The typical home value in 99203 is $485,351 as of September 2026, up 0.4% over the past year.

How fast are homes selling in 99203?

Homes in 99203 are spending a median of 55 days on the market as of September 2026. About 25.5% of listings have had a price cut.

What are homes listed for in 99203?

The median list price in 99203 is $572,500 as of September 2026, with 102 homes for sale and 40 new listings.

Discover

Nearby ZIP markets.

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Guides for sellers.