Spokane.

The median asking price in Spokane this month is $429,995, down 1.8% from last month. With 1,864 active listings, a steady flow of 622 new listings, and 20% of inventory under contract, October reads as a calm, slightly softer market with room to negotiate.

The median asking price in Spokane, WA this October is $429,995, a cooling of 1.8% from last month. The median price per square foot sits at $212, down 0.9% month over month — modest movements, but both pointing the same direction. The middle of the market runs from $320,000 to $615,000, a wide band that leaves room for a range of budgets. Inventory tells a quieter story. There are 1,864 active residential listings, essentially flat with a 1.0% dip from last month, and 622 homes came on in the past 30 days. With 20% of inventory under contract, buyers are active but unhurried. Nothing here suggests a sharp turn — just a market easing slightly as fall settles in.

The buyer's read.

If you're buying in Spokane right now, the numbers lean gently in your favor. Prices edged down 1.8% this month, and with 1,864 active listings and 622 fresh ones in the last 30 days, there is genuine selection across the $320,000 to $615,000 middle band. A 20% pending rate means well-priced homes still move, so decisiveness matters — but you have more room to compare, inspect, and negotiate than in a hotter market.

The seller's read.

If you're selling, the key word is calibration. The median asking price cooled to $429,995 and price per square foot slipped to $212, so pricing against last month's comps rather than last spring's optimism will serve you well. With only 20% of inventory under contract and 622 new listings competing for attention, homes that are well-prepared and priced to the current market will stand out; those priced ahead of it may sit.

Where it's pointed.

The current momentum is mildly softening: median price down 1.8%, price per square foot down 0.9%, and inventory roughly flat month over month. These are small moves and could level off or continue — one month does not set a trend. For now, Spokane looks like a steady, balanced-to-buyer-leaning market heading into late fall.

Figures computed 2026-10-01 from live Spokane REALTORS® and Coeur d'Alene MLS feeds — asking prices of active inventory, not closed sales. AI-assisted narrative; all numbers deterministic.

Buying or selling in Spokane? Let's talk numbers.

Ethan will pull the parcel-level comps behind these medians.