Is now a good time to buy a home in Spokane, WA?
The typical home value in Spokane, WA is $397K as of Aug 2026 (Zillow Home Value Index), down 0.3% from a year earlier. Over five years prices have compounded at +1.2% a year and sit 6.0% below their peak. Prices are 20.3% below their 10-year trend line.
Spokane, WA price trend & forecast
Frequently asked questions
Is now a good time to buy a home in Spokane, WA?
As of Aug 2026, our buy-timing signal for Spokane, WA is WAIT — the model projects prices about -4.5% lower around Feb 2028. Patience is likely to be rewarded; use the time to negotiate and arrange financing. Buy-timing score: 60/100.
Will home prices in Spokane, WA go down in 2027?
The model projects -0.6% over the next 12 months: about $395K by Aug 2027, with an 80% range of $385K–$405K (today $397K). Forecasts are statistical and can be wrong — rates, supply and local events matter.
What is the average home price in Spokane, WA?
The typical (mid-tier) home value in Spokane, WA is $397K as of Aug 2026, -0.3% year over year.
What is the cheapest time of year to buy in Spokane, WA?
Historically, prices in Spokane, WA run lowest in February, about 2.2% below the annual average, and highest in July.
Other cities in Washington
Source & method
Data: Zillow Home Value Index (ZHVI) — all homes, mid-tier, raw monthly, monthly, latest Aug 2026. Page regenerated 2026-10-08 22:04 PDT. Signals combine valuation vs the long-run trend, momentum and a damped-trend forecast with seasonal adjustment; the “best price window” is the lowest point of the projected path. BUY = prices projected to rise and not stretched; ACCUMULATE = near fair value; WAIT = a dip is projected; HOT = running well ahead of trend; CAUTION = stretched with fading momentum.