Current Price

$348,858

1 Month Forecast

â–² $374,977

1-Year Forecast *

â–² $399,288

5-Year Forecast *

â–² $421,790

"Is it a good time to buy homes in Millwood?" "Does investing in real estate in Millwood (Washington State, Spokane County) worth it?" According to our live Forecast System, buying a house in Millwood is a good short-term (1-year) investment*. The Millwood average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Millwood" 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 Millwood in Washington State, Spokane County. If you are looking for homes for sale with good flipping profit, Millwood can be a profitable property investment option. The median price of an average house in Millwood was 348,858 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Millwood" area is 421,790 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +20.91% meaning that investing 100000 USD today may yield a profit of 20,906 USD by 2031.

Current Median Listing Price: 348,858 USD Median Listing Price Per Square Foot: 194 USD

Millwood 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.

Millwood (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.

Millwood Price Target

Millwood median home price target in 12 months: $399,288* (upside of 14.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $373,200 $371,904 $371,581 $373,716
2024 $340,618 $348,858 $340,465 $348,858
2023 $343,715 $341,114 $340,463 $345,237
2022 $321,844 $346,932 $321,844 $361,592
2021 $264,518 $317,390 $264,518 $317,390
2020 $226,256 $260,920 $226,256 $260,920
2019 $198,336 $222,160 $198,336 $222,160
2018 $180,135 $198,086 $180,135 $198,086
2017 $166,788 $178,502 $166,788 $178,502
2016 $149,169 $165,063 $149,169 $165,063
2015 $135,127 $147,351 $135,127 $147,351
2014 $132,534 $134,688 $132,534 $134,688
2013 $119,776 $131,769 $119,776 $131,769
2012 $119,080 $118,069 $114,198 $119,080

Questions & Answers about the Millwood Housing Market Forecast

How much does an average home cost in Millwood today?

The value of an average home (the listing price) in Millwood is $348,858 USD.

What is the average price per square foot in Millwood?

According to Walletinvestor the median price per square foot in Millwood is 194 USD.

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

Yes. The Millwood home prices may rise from 348,858 USD to 399,288 USD in one year.

Is it profitable to invest in Millwood homes?

Yes. The long-term profit potential is +14.46% in one year.

Will Millwood house prices fall / drop?

No. See above.

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

The predicted home sales price of a Millwood home in 2030 in Millwood is 406,437 USD.

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

The predicted home sales price of a Millwood home in 2035 in Millwood is 456,416 USD.

Will real estate prices decrease in Millwood?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Millwood is the 14577. largest city in the United States, located in Washington State.

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

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

Median home values decreased by 6.465% to 348,858 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 16.346% in 2021
  • 13.076% in 2022
  • 12.646% in 2023
  • 14.986% in 2024
  • 14.376% in 2025
  • 15.566% in 2026

Based on our Millwood real estate market research and report the predicted sales prices will increase by 285.817% in the next 10 years.

Over the last 12 months, the value of homes in Millwood fluctuated: increasing 1 times and decreasing 3 times.

Millwood (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
Millwood Housing Market Forecast with Real Estate Prices for 2025
August 2025 374977 352103 397850
September 2025 378075 347829 408321
October 2025 381199 349178 413220
November 2025 384349 361672 407025
December 2025 387525 357685 417364
Millwood Housing Market Forecast with Real Estate Prices for 2026
January 2026 387726 366789 408663
February 2026 386964 357554 416373
March 2026 387060 349128 424992
April 2026 389552 350597 428507
May 2026 392771 355065 430477
June 2026 396016 370671 421361
July 2026 399288 372137 426440
August 2026 402588 381250 423925
September 2026 405914 385618 426210
October 2026 409268 372025 446512
November 2026 411303 374697 447909
December 2026 409407 383615 435200
Millwood Housing Market Forecast with Real Estate Prices for 2027
January 2027 406965 384582 429348
February 2027 404537 383097 425978
March 2027 402124 367140 437109
April 2027 399726 367748 431704
May 2027 397341 361978 432705
June 2027 394971 358239 431703
July 2027 393647 359400 427894
August 2027 394176 364613 423740
September 2027 395518 369414 421622
October 2027 397509 370478 424539
November 2027 398847 374517 423177
December 2027 399167 374019 424314
Millwood Housing Market Forecast with Real Estate Prices for 2028
January 2028 397636 357872 437399
February 2028 396154 360104 432204
March 2028 394818 368365 421270
April 2028 394399 374679 414119
May 2028 393826 365077 422576
June 2028 393649 369636 417661
July 2028 395137 361155 429118
August 2028 397798 367167 428428
September 2028 400408 362369 438446
October 2028 401406 369294 433519
November 2028 401523 361370 441675
December 2028 401394 372494 430295
Millwood Housing Market Forecast with Real Estate Prices for 2029
January 2029 401714 371585 431843
February 2029 401912 361721 442103
March 2029 402327 378187 426466
April 2029 403353 375118 431588
May 2029 406686 371711 441661
June 2029 407248 378334 436163
July 2029 406437 384489 428384
August 2029 405875 372999 438751
September 2029 405229 374837 435621
October 2029 404923 370099 439746
November 2029 405273 372446 438101
December 2029 408622 368986 448259
Millwood Housing Market Forecast with Real Estate Prices for 2030
January 2030 411999 381099 442899
February 2030 415403 387986 442820
March 2030 418835 385747 451923
April 2030 422296 399492 445100
May 2030 422516 399277 445754
June 2030 421685 379516 463853
July 2030 421790 384251 459330
August 2030 424505 399459 449551
September 2030 428013 388208 467818
October 2030 431550 404793 458306
November 2030 435115 396390 473841
December 2030 438711 394840 482582
Millwood Housing Market Forecast with Real Estate Prices for 2031
January 2031 442336 398987 485685
February 2031 445991 423691 468290
March 2031 448208 404732 491684
April 2031 446142 414912 477372
May 2031 443481 401350 485612
June 2031 440836 408655 473017
July 2031 438206 400958 475453
August 2031 435592 411199 459985
September 2031 432994 406581 459406
October 2031 430411 407599 453223
November 2031 428968 388645 469291
December 2031 429545 397758 461331
Millwood Housing Market Forecast with Real Estate Prices for 2032
January 2032 431007 391354 470659
February 2032 433176 398522 467830
March 2032 434634 404645 464624
April 2032 434983 404969 464997
May 2032 433315 407749 458880
June 2032 431700 393279 470121
July 2032 430243 396685 463802

> 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.