Market Intelligence · WA / Spokane

Spokane, WA 99216 Housing Market

The typical home value in Spokane's 99216 ZIP code is $414,031, up 0.3% over the past year. The median list price is $425,000, and homes are spending a median of 37 days on the market.

Updated August 2026Median value$407K

The median home value in Spokane, WA 99216 is $407K as of August 2026, up 0.6% 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 99216 range

$374K to $440K

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

+0.6% over 12 months

Typical home value in 99216 over the last 12 months: $405K in Aug 2025 to $407K in Aug 2026 (+0.6%).

Aug 2025$405K

Aug 2026$407K

The numbers

What is the 99216 housing market like?

Typical home value

$407K

Up0.6%YoY

Median list price

$425K

Down1.7%MoM

Days on market

37

Down17.8%MoM

Homes for sale

64

Up14.3%MoM

Price cuts

22.6%

Down9.4%MoM

New listings

36

Up28.6%MoM

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

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The comparison

How do 99216 home prices compare?

  • 99216$406,995
  • Spokane$396,288
  • Washington$500,124
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Spokane: 14 ZIPs; Washington: 485 ZIPs; United States: 26,265 ZIPs).

Context

There are 64 homes for sale in 99216, with 36 new listings added recently. The median list price sits at $425,000, slightly above the typical home value of $414,031. Homes are taking a median of 37 days to sell, and 22.6% of listings have had a price cut. Values have been nearly flat, rising just 0.3% over the past year. For a seller, this is a steady but not fast market, so pricing accurately from the start matters more than aiming high and cutting later.

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