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Spokane Valley

Why you'd want to live in Spokane Valley

Spokane, nestled in the heart of the Inland Northwest, offers a unique blend of urban amenities and outdoor adventures. Known as the Lilac City, Spokane boasts a vibrant downtown area featuring art galleries, boutique shops, and an array of dining options. The city is surrounded by stunning natural beauty, with nearby rivers, parks, and hiking trails providing ample opportunities for outdoor recreation. Spokane also hosts a variety of cultural events and festivals throughout the year, showcasing its rich history and diverse community. With its affordable cost of living and strong sense of community, Spokane appeals to those seeking a balance between city living and access to the great outdoors. Spokane Valley, located just east of Spokane, offers a suburban retreat with a small-town feel and easy access to urban conveniences. Residents here enjoy a relaxed pace of living amidst picturesque scenery, including rolling hills and serene lakes. The area boasts a thriving local economy, with a mix of small businesses and larger retail centers providing employment opportunities. Families are drawn to Spokane Valley for its top-rated schools and family-friendly neighborhoods, where children can thrive and communities come together. With its proximity to outdoor recreation and close-knit community atmosphere, Spokane Valley offers a welcoming and comfortable living environment for residents of all ages.

Spokane Valley Market Report

$553,042

AVERAGE PRICE OF 495 HOMES

$1,672,837

AVERAGE PRICE OF 32 MULTI-MILLION DOLLAR HOMES

$607,583

AVERAGE PRICE OF 152 NEWLY BUILT HOMES

$589,792

AVERAGE PRICE OF 22 REDUCED PRICE HOMES

Average Home

Average Price $553,042
Avg Bedrooms 3.14 beds
Avg Bathrooms 2.2 baths

Average Price by Bedrooms

1 bedroom $338,428
2 bedrooms $401,058
3 bedrooms $515,372
4 bedrooms $531,091
5 bedrooms $596,297
Spokane Valley Home Price Trends
  3/2025 2/2025 1/2025 12/2024 11/2024
Total Listings 392 379 353 382 408
Average Price $569,332 $583,271 $573,114 $572,417 $564,741
Avg Price Change -2.45% +1.77% +0.12% +1.36% -2.24%
Median Price $477,321 $475,817 $465,541 $456,628 $455,952
Med Price Change +0.32% +2.21% +1.95% +0.15% -1.37%
Avg Bedrooms 2.83 beds 2.68 beds 2.46 beds 2.55 beds 2.48 beds
Avg Bathrooms 2.01 baths 1.92 baths 1.61 baths 1.66 baths 1.66 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Central Valley 98 $554,179 49 days
Total Homes Average Price Avg Days on Site
All Homes 495 $553,042 73 days
Multi-Million Dollar Homes 32 $1,672,837 86 days
Newly Built Homes 152 $607,583 66 days
Reduced Price Homes 22 $589,792 41 days
Windermere Valley/Liberty Lake
695 North Legacy Ridge Drive
Liberty Lake, WA 99019
509-340-8000

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
Based on information submitted to the MLS GRID as of April 27, 2025 9 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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