Current Price

$412,963

1 Month Forecast

â–² $429,124

1-Year Forecast *

â–² $460,744

5-Year Forecast *

â–² $488,716

"Is it a good time to buy homes in Cheney?" "Does investing in real estate in Cheney (Washington State, Spokane County) worth it?" According to our live Forecast System, buying a house in Cheney is a good short-term (1-year) investment*. The Cheney average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Cheney" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Cheney in Washington State, Spokane County. If you are looking for homes for sale with good flipping profit, Cheney can be a profitable property investment option. The median price of an average house in Cheney was 412,963 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Cheney" area is 488,716 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +18.34% meaning that investing 100000 USD today may yield a profit of 18,344 USD by 2031.

Current Median Listing Price: 412,963 USD Median Listing Price Per Square Foot: 229 USD

Cheney Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Cheney (Washington State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Cheney Price Target

Cheney median home price target in 12 months: $460,744* (upside of 11.6%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $431,745 $426,360 $426,360 $431,745
2024 $405,432 $412,963 $405,400 $412,963
2023 $407,485 $405,878 $402,213 $407,485
2022 $390,313 $410,916 $390,313 $426,862
2021 $320,851 $385,972 $320,851 $385,972
2020 $275,454 $316,086 $275,454 $316,086
2019 $250,247 $272,552 $250,247 $272,552
2018 $226,223 $249,003 $226,223 $249,003
2017 $207,038 $224,204 $207,038 $224,204
2016 $193,877 $204,939 $193,877 $204,939
2015 $180,344 $192,190 $180,344 $192,190
2014 $173,287 $179,178 $173,287 $179,178
2013 $166,703 $172,232 $166,703 $172,232
2012 $169,937 $165,702 $164,546 $169,937

Questions & Answers about the Cheney Housing Market Forecast

How much does an average home cost in Cheney today?

The value of an average home (the listing price) in Cheney is $412,963 USD.

What is the average price per square foot in Cheney?

According to Walletinvestor the median price per square foot in Cheney is 229 USD.

Will the median listing price of homes in Cheney grow / rise / go up?

Yes. The Cheney home prices may rise from 412,963 USD to 460,744 USD in one year.

Is it profitable to invest in Cheney homes?

Yes. The long-term profit potential is +11.57% in one year.

Will Cheney house prices fall / drop?

No. See above.

What is the predicted price of a Cheney home in 2030?

The predicted home sales price of a Cheney home in 2030 in Cheney is 472,827 USD.

What is the predicted price of a Cheney home in 2035?

The predicted home sales price of a Cheney home in 2035 in Cheney is 518,386 USD.

Will real estate prices decrease in Cheney?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Cheney is the 2815. largest city in the United States, located in Washington State.

During the last 12 months the real estate prices in Spokane, Cheney decreased, looking at the past 12 months.

According to Walletinvestor's Cheney real estate market research, home values will increase in the next 12 months.

Median home values decreased by 4.316% to 412,963 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 12.840% in 2021
  • 12.170% in 2022
  • 9.900% in 2023
  • 11.800% in 2024
  • 11.830% in 2025
  • 11.310% in 2026

Based on our Cheney real estate market research and report the predicted sales prices will increase by 198.876% in the next 10 years.

Over the last 12 months, the value of homes in Cheney fluctuated: decreasing 5 times.

Cheney (Washington) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Cheney Housing Market Forecast with Real Estate Prices for 2025
August 2025 429124 391791 466458
September 2025 431907 399082 464732
October 2025 434708 400366 469049
November 2025 437526 402962 472091
December 2025 440363 413061 467666
Cheney Housing Market Forecast with Real Estate Prices for 2026
January 2026 443219 406432 480006
February 2026 446093 402822 489364
March 2026 448985 412618 485353
April 2026 451897 414389 489404
May 2026 454827 414347 495306
June 2026 457776 414745 500807
July 2026 460744 422503 498986
August 2026 463732 436836 490629
September 2026 466739 428000 505478
October 2026 469765 423728 515803
November 2026 472812 448698 496925
December 2026 474327 428792 519862
Cheney Housing Market Forecast with Real Estate Prices for 2027
January 2027 472218 435857 508579
February 2027 470119 425927 514310
March 2027 468028 444159 491898
April 2027 465948 422614 509281
May 2027 463876 432796 494956
June 2027 461814 420712 502915
July 2027 459760 431255 488266
August 2027 457716 429796 485637
September 2027 457760 430294 485225
October 2027 458999 433295 484702
November 2027 460459 416716 504203
December 2027 461822 421643 502000
Cheney Housing Market Forecast with Real Estate Prices for 2028
January 2028 462894 437898 487891
February 2028 463691 426132 501250
March 2028 463414 422170 504658
April 2028 462759 439158 486359
May 2028 461888 418470 505305
June 2028 461380 428622 494138
July 2028 461344 438276 484411
August 2028 462091 430668 493513
September 2028 463726 433583 493868
October 2028 465161 438647 491675
November 2028 465492 432908 498076
December 2028 465155 433525 496786
Cheney Housing Market Forecast with Real Estate Prices for 2029
January 2029 465342 436490 494193
February 2029 466240 442928 489552
March 2029 467612 438153 497072
April 2029 468579 439059 498100
May 2029 469950 428594 511305
June 2029 472997 431846 514148
July 2029 472827 429327 516327
August 2029 471193 439152 503234
September 2029 469631 428303 510958
October 2029 468356 431356 505356
November 2029 467626 438165 497086
December 2029 467098 434401 499795
Cheney Housing Market Forecast with Real Estate Prices for 2030
January 2030 470127 434397 505856
February 2030 473175 449516 496834
March 2030 476243 439572 512914
April 2030 479331 442423 516240
May 2030 482439 442397 522482
June 2030 485568 442838 528298
July 2030 488716 464280 513152
August 2030 491885 454010 529760
September 2030 495075 451013 539136
October 2030 498285 464402 532168
November 2030 501516 476440 526592
December 2030 504768 464386 545149
Cheney Housing Market Forecast with Real Estate Prices for 2031
January 2031 508041 470446 545636
February 2031 511335 463781 558889
March 2031 514651 465759 563543
April 2031 517988 473441 562535
May 2031 519648 482753 556543
June 2031 517338 482676 551999
July 2031 515038 464049 566026
August 2031 512748 464037 561459
September 2031 510468 461463 559473
October 2031 508199 463477 552920
November 2031 505939 468500 543379
December 2031 503690 455839 551540
Cheney Housing Market Forecast with Real Estate Prices for 2032
January 2032 501450 461334 541566
February 2032 501498 463384 539612
March 2032 502855 452570 553141
April 2032 504456 457541 551370
May 2032 505948 474073 537823
June 2032 507123 475175 539072
July 2032 507996 477008 538983

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.