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Market Intelligence · WA / Spokane

Spokane, WA 99216 Housing Market

The typical home value in Spokane, WA 99216 is $403,520, up 0.7% over the past year as of September 2026. The median list price sits at $424,925, and homes are taking a median of 47 days to sell. That points to a stable market with modest price growth.

Updated September 2026Median value$404K

The median home value in Spokane, WA 99216 is $404K as of September 2026, up 0.7% 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 99216 range

$371K to $436K

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

+0.7% over 12 months

Typical home value in 99216 over the last 12 months: $401K in Sep 2025 to $404K in Sep 2026 (+0.7%).

Sep 2025$401K

Sep 2026$404K

The numbers

What is the 99216 housing market like?

Typical home value

$404K

Up0.7%YoY

Median list price

$425K

Flat0.0%MoM

Days on market

47

Up27.0%MoM

Homes for sale

55

Down14.1%MoM

Price cuts

21.0%

Down7.0%MoM

New listings

18

Down50.0%MoM

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

The outlook

99216 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99216 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 99216 rose 0.7%, per the Zillow Home Value Index.

Will home prices drop in 99216?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 99216 to stay roughly flat by September 2027 (up 0.1%), after a 0.7% 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 99216 home prices compare?

  • 99216$403,520
  • 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

As of September 2026, Spokane, WA 99216 has 55 homes for sale, with 18 new listings hitting the market. The median list price is $424,925, while the typical home value is $403,520, up 0.7% over the past year. Homes are spending a median of 47 days on market, so buyers have some time to consider their options. Meanwhile, 21.0% of listings have taken a price cut. For a seller, this means pricing realistically from the start matters more than testing the market high.

Monthly payment

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20% · $80,704

Common questions

What people ask us.

How much is a home in 99216 worth?

The typical home value in Spokane, WA 99216 is $403,520 as of September 2026, up 0.7% over the past year. The median list price is $424,925.

How fast are homes selling in 99216?

Homes in Spokane, WA 99216 are spending a median of 47 days on market as of September 2026. That gives buyers some room to negotiate.

Are sellers cutting prices in 99216?

Yes. As of September 2026, 21.0% of listings in 99216 have taken a price cut.

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