Market Intelligence · WA / Spokane

Spokane, WA 99207 Housing Market

Typical home value in Spokane's 99207 ZIP is $276,945, down 2.3% over the past year. The median list price sits at $299,500, with homes spending a median of 48 days on market as of September 2026.

Updated September 2026Median value$272K

The median home value in Spokane, WA 99207 is $272K as of September 2026, down 2.4% 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.

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Typical 99207 range

$250K to $294K

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

-2.4% over 12 months

Typical home value in 99207 over the last 12 months: $278K in Sep 2025 to $272K in Sep 2026 (-2.4%).

Sep 2025$278K

Sep 2026$272K

The numbers

What is the 99207 housing market like?

Typical home value

$272K

Down2.4%YoY

Median list price

$300K

Down3.1%MoM

Days on market

48

Up20.0%MoM

Homes for sale

119

Up1.7%MoM

Price cuts

41.4%

Up49.0%MoM

New listings

40

Down16.7%MoM

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

The outlook

99207 housing market forecast 2027

0.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99207 to stay roughly flat by September 2027 (no change).

Over the 12 months through September 2026, typical home values in 99207 fell 2.4%, per the Zillow Home Value Index.

Will home prices drop in 99207?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 99207 to stay roughly flat by September 2027 (no change), after a 2.4% 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 99207 home prices compare?

  • 99207$271,888
  • 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

The 99207 area has 119 homes for sale with 40 new listings as of September 2026. Nearly half of all listings, 41.4%, have seen a price cut, reflecting softer buyer demand. Homes are taking roughly six weeks to sell in the current market. The gap between typical home value and median list price suggests inventory is trending toward a buyer's advantage, though modest in scale. If you're thinking about selling, expect to position your home competitively and be patient with the sales process.

Monthly payment

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20% · $54,378

Common questions

What people ask us.

What is a typical home value in 99207?

The typical home value in Spokane's 99207 ZIP is $276,945, down 2.3% from the previous year as of August 2026.

How long do homes typically stay on the market here?

As of September 2026, homes in 99207 spend a median of 48 days on the market.

What percentage of homes have had price reductions?

As of September 2026, 41.4% of listings in 99207 have had a price cut.

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