Spokane, WA metro area Housing Market Brief
metro · WA · as of August 2026
What is Spokane, WA metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Spokane, WA metro area in its market cycle?
Spokane, WA metro area is classified as Recovering — turning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for Spokane, WA metro area?
Our model forecasts Spokane, WA metro area’s home prices to hold flat over the next 12 months (high confidence).
This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.
Spokane, WA metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $444K | ▲ +0.8% |
| Median Days on Market | 47 days | ▲ +11.9% |
| Months of Supply | 3.6 | ▼ -5.3% |
| Homes for Sale | 2,550 | ▲ +6.4% |
| Homes Sold | 730 | ▲ +12% |
| Median Price / Sq Ft | $214 | ▼ -1.9% |
How has Spokane, WA metro area’s Alpha Score moved?
Markets like Spokane, WA metro area
- Olympia, WA metro area, WAmetro38
- Billings, MT metro area, MTmetro40
- College Station, TX metro area, TXmetro33
- Johnson City, TN metro area, TNmetro41
- Hilton Head Island, SC metro area, SCmetro33
- Charlotte, NC metro area, NCmetro39
- Salt Lake City, UT metro area, UTmetro37
- Savannah, GA metro area, GAmetro41
- Naples, FL metro area, FLmetro35
- Mount Vernon, WA metro area, WAmetro36
Frequently asked questions
Is Spokane, WA metro area a buyer's or seller's market?
As of August 2026, Spokane, WA metro area is classified as a Buyer's Market, based on its Alpha Score of 40 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Spokane, WA metro area?
The median sale price in Spokane, WA metro area is $444K, having risen 0.8% over the past year.
How affordable is Spokane, WA metro area?
Spokane, WA metro area scores 17 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving Spokane, WA metro area's Alpha Score?
Spokane, WA metro area's strongest dimension is Economic Strength (72/100) and its weakest is Affordability (17/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Spokane, WA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.