Spokane Valley.
The median asking price in Spokane Valley this month is $450,000, down 1.1% from last month. With 437 active listings, inventory cooled 4.4%, while 27% of homes under contract shows buyers are still engaged as the market settles into a quieter fall rhythm.
The median asking price in Spokane Valley this month is $450,000, which edged down 1.1% from last month. The median price per square foot sits at $217, off 0.9% month-over-month — a modest softening rather than a meaningful shift. Most of the market falls between $372,500 and $575,000, giving buyers and sellers a clear picture of where the middle of this market lives. Inventory tells a familiar autumn story. There are 437 active residential listings, a 4.4% decline from last month, with 151 homes newly listed in the past 30 days. Meanwhile, 27% of inventory is under contract — a sign that well-positioned homes are still finding buyers even as the overall pace eases.
The buyer's read.
If you're buying in Spokane Valley right now, the numbers lean gently in your favor. Prices edged down 1.1% at the median and 0.9% per square foot, and with 151 fresh listings in the last 30 days there's still new product to consider. That said, inventory contracted 4.4% and more than a quarter of listings are already pending, so homes priced well in that $372,500 to $575,000 middle band aren't lingering indefinitely. Patience is reasonable; passivity on the right house is not.
The seller's read.
For sellers, the picture calls for honest pricing rather than alarm. The median asking price cooled 1.1% to $450,000, and $217 per square foot is down slightly as well — buyers are paying attention to value. The encouraging part: 27% of inventory is under contract and overall supply shrank 4.4%, which means your competition thinned this month. Homes priced in line with the current middle band of $372,500 to $575,000 are the ones drawing offers.
Where it's pointed.
Current momentum points to a market that is settling rather than sliding — prices and price per square foot both eased under 1.5%, while shrinking inventory and a 27% pending share suggest steady demand underneath. Whether that balance holds is impossible to say from one month of data. This is general market information, not a prediction or financial advice.
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.
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Ethan will pull the parcel-level comps behind these medians.