Market Intelligence · WA / Spokane

Spokane, WA 99204 Housing Market

The typical home value in Spokane is $377,712, down 1.7% over the past year as of September 2026. The median list price is $277,500, and homes spend a median of 46 days on market. That points to a cooler market than a year ago.

Updated September 2026Median value$378K

The median home value in Spokane, WA 99204 is $378K as of September 2026, down 1.7% 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 99204 range

$347K to $408K

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

-1.7% over 12 months

Typical home value in 99204 over the last 12 months: $384K in Sep 2025 to $378K in Sep 2026 (-1.7%).

Sep 2025$384K

Sep 2026$378K

The numbers

What is the 99204 housing market like?

Typical home value

$378K

Down1.7%YoY

Median list price

$278K

Up23.4%MoM

Days on market

46

Up15.0%MoM

Homes for sale

32

Down3.0%MoM

Price cuts

17.6%

Up9.8%MoM

New listings

10

Up25.0%MoM

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

The outlook

99204 housing market forecast 2027

0.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99204 to stay roughly flat by September 2027 (no change).

Over the 12 months through September 2026, typical home values in 99204 fell 1.7%, per the Zillow Home Value Index.

Will home prices drop in 99204?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 99204 to stay roughly flat by September 2027 (no change), after a 1.7% 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 99204 home prices compare?

  • 99204$377,712
  • 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

There are 32 homes for sale as of September 2026, with 10 new listings added. A 17.6% share of listings has taken a price cut, while the typical home value is $377,712, down 1.7% over the past year. The median list price is $277,500, and the median days on market is 46. Sellers should expect buyers to compare carefully and negotiate when a home is priced too high.

Monthly payment

Estimate your monthly payment.

20% · $75,542

Common questions

What people ask us.

How much is a home worth in this part of Spokane?

The typical home value is $377,712 as of September 2026, down 1.7% over the past year.

Are homes selling quickly in Spokane?

Homes have a median of 46 days on market as of September 2026, so buyers have some time to compare options.

Are sellers cutting prices in Spokane?

As of September 2026, 17.6% of listings have a price cut, which fits a market where values are down 1.7% over the past year.

Discover

Nearby ZIP markets.

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Guides for sellers.