Market Intelligence · WA / Spokane

Spokane, WA 99223 Housing Market

In Spokane's 99223 ZIP code, the typical home value is $491,544, up 0.6% over the past year as of September 2026. The median list price stands at $559,975, and homes are spending a median of 50 days on the market.

Updated September 2026Median value$492K

The median home value in Spokane, WA 99223 is $492K as of September 2026, up 0.6% 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 99223 range

$452K to $531K

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

Sep 2025$489K

Low $489KHigh $496K

Sep 2026$492K

The numbers

What is the 99223 housing market like?

As of September 2026

Typical home value

$492K

0.6%YoY

Median list price

$560K

6.6%MoM

Days on market

3.8%MoM

Homes for sale

128

4.9%MoM

Price cuts

31.9%

46.6%MoM

New listings

50.0%MoM

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

The outlook

99223 housing market forecast 2027

+0.1%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 99223 to stay roughly flat by September 2027 (up 0.1%).

Over the 12 months through September 2026, typical home values in 99223 rose 0.6%, per the Zillow Home Value Index.

Will home prices drop in 99223?

Zillow's forecast does not point to a meaningful drop: it expects typical home values in 99223 to stay roughly flat by September 2027 (up 0.1%), after a 0.6% 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 99223 home prices compare?

99223$491,544
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, there are 128 homes for sale in 99223, with 54 new listings added during the period. The median list price of $559,975 sits well above the typical home value of $491,544, which is up only 0.6% over the past year. A median of 50 days on market suggests buyers are taking their time. And 31.9% of listings have taken a price cut, a sign that some sellers are adjusting expectations. For anyone thinking of selling, pricing realistically from the start matters more than testing the top of the market.

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Down payment20% · $98,309

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Common questions

What people ask us.

How much is a home in 99223 worth?

The typical home value in Spokane's 99223 ZIP code is $491,544 as of September 2026, up 0.6% over the past year.

How long does it take to sell a home in 99223?

Homes in 99223 are spending a median of 50 days on the market as of September 2026. About 31.9% of listings have had a price cut, so condition and pricing both play a role in how quickly a home sells.

How many homes are for sale in 99223?

There are 128 homes for sale in 99223 as of September 2026, including 54 new listings. The median list price is $559,975.

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