Current Price

$379,197

1 Month Forecast

â–² $408,522

1-Year Forecast *

â–² $443,146

5-Year Forecast *

â–² $472,676

"Is it a good time to buy homes in Spokane?" "Does investing in real estate in Spokane (Washington State, Spokane County) worth it?" According to our live Forecast System, buying a house in Spokane is a good short-term (1-year) investment*. The Spokane average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Spokane" 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 Spokane in Washington State, Spokane County. If you are looking for homes for sale with good flipping profit, Spokane can be a profitable property investment option. The median price of an average house in Spokane was 379,197 USD on 2026-02-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Spokane" area is 472,676 USD by 2031-02-04. For a 5-year investment the profit is expected to be around +24.65% meaning that investing 100000 USD today may yield a profit of 24,652 USD by 2031.

Current Median Listing Price: 379,197 USD Median Listing Price Per Square Foot: 211 USD

Spokane 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.

Spokane (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.

Spokane Price Target

Spokane median home price target in 12 months: $443,146* (upside of 16.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $410,593 $405,051 $405,051 $410,672
2024 $373,423 $379,197 $373,225 $379,197
2023 $374,414 $374,007 $370,755 $374,527
2022 $357,621 $377,550 $357,621 $395,021
2021 $293,598 $353,246 $293,598 $353,246
2020 $251,776 $288,884 $251,776 $288,884
2019 $222,822 $248,338 $222,822 $248,338
2018 $197,316 $221,322 $197,316 $221,322
2017 $178,721 $195,335 $178,721 $195,335
2016 $163,636 $176,687 $163,636 $176,687
2015 $151,244 $162,021 $151,244 $162,021
2014 $147,616 $150,572 $147,616 $150,572
2013 $143,788 $147,165 $143,788 $147,165
2012 $144,980 $143,028 $141,260 $145,041

Questions & Answers about the Spokane Housing Market Forecast

How much does an average home cost in Spokane today?

The value of an average home (the listing price) in Spokane is $379,197 USD.

What is the average price per square foot in Spokane?

According to Walletinvestor the median price per square foot in Spokane is 211 USD.

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

Yes. The Spokane home prices may rise from 379,197 USD to 443,146 USD in one year.

Is it profitable to invest in Spokane homes?

Yes. The long-term profit potential is +16.86% in one year.

Will Spokane house prices fall / drop?

No. See above.

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

The predicted home sales price of a Spokane home in 2030 in Spokane is 452,444 USD.

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

The predicted home sales price of a Spokane home in 2035 in Spokane is 500,106 USD.

Will real estate prices decrease in Spokane?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Spokane is the 82. largest city in the United States, located in Washington State.

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

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

Median home values decreased by 7.664% to 379,197 USD, between 2025-02-04 and 2026-02-04

The average annual profit of property investment was:

  • 18.654% in 2021
  • 17.494% in 2022
  • 16.964% in 2023
  • 17.794% in 2024
  • 17.054% in 2025
  • 17.134% in 2026

Based on our Spokane real estate market research and report the predicted sales prices will increase by 375.140% in the next 10 years.

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

Spokane (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
Spokane Housing Market Forecast with Real Estate Prices for 2025
August 2025 408522 379109 437936
September 2025 412024 374118 449930
October 2025 415556 391038 440073
November 2025 419118 377625 460610
December 2025 422710 394388 451031
Spokane Housing Market Forecast with Real Estate Prices for 2026
January 2026 426333 403737 448929
February 2026 429036 395142 462930
March 2026 430601 408640 452562
April 2026 432433 408649 456216
May 2026 435646 413864 457428
June 2026 439380 411699 467061
July 2026 443146 417444 468849
August 2026 446945 404038 489851
September 2026 450776 423729 477822
October 2026 454639 420541 488737
November 2026 458536 430107 486965
December 2026 459824 416141 503507
Spokane Housing Market Forecast with Real Estate Prices for 2027
January 2027 456951 419481 494421
February 2027 454097 417769 490424
March 2027 451260 423281 479238
April 2027 448440 421534 475347
May 2027 445639 401520 489757
June 2027 442854 408312 477397
July 2027 440123 408874 471372
August 2027 438645 414519 462770
September 2027 438527 413969 463084
October 2027 439215 411545 466886
November 2027 440217 412483 467951
December 2027 441274 407737 474811
Spokane Housing Market Forecast with Real Estate Prices for 2028
January 2028 442199 416552 467847
February 2028 442783 416216 469350
March 2028 442989 418624 467353
April 2028 442883 412767 472999
May 2028 442374 412735 472013
June 2028 441683 400606 482759
July 2028 441448 404367 478530
August 2028 442462 409720 475204
September 2028 444302 406092 482512
October 2028 446084 416197 475972
November 2028 446300 406133 486466
December 2028 445928 416051 475805
Spokane Housing Market Forecast with Real Estate Prices for 2029
January 2029 445286 415452 475120
February 2029 445753 406973 484534
March 2029 446586 407733 485439
April 2029 447460 409426 485494
May 2029 448512 404109 492915
June 2029 452356 418882 485831
July 2029 452444 420320 484567
August 2029 451197 428637 473756
September 2029 449807 408875 490740
October 2029 448341 413370 483311
November 2029 447022 423776 470267
December 2029 446251 403411 489091
Spokane Housing Market Forecast with Real Estate Prices for 2030
January 2030 450076 418120 482031
February 2030 453933 423066 484801
March 2030 457824 426234 489414
April 2030 461748 435429 488068
May 2030 465706 420998 510414
June 2030 469698 434001 505395
July 2030 472676 425408 519943
August 2030 474400 428383 520417
September 2030 476418 437828 515008
October 2030 479958 454520 505396
November 2030 484072 445830 522314
December 2030 488221 460881 515562
Spokane Housing Market Forecast with Real Estate Prices for 2031
January 2031 492406 458922 525890
February 2031 496627 463353 529901
March 2031 500883 475839 525928
April 2031 505177 455669 554684
May 2031 506596 457962 555229
June 2031 503431 455605 551257
July 2031 500285 463765 536806
August 2031 497160 461861 532458
September 2031 494054 447613 540495
October 2031 490967 450708 531226
November 2031 487900 458626 517174
December 2031 484890 440280 529500
Spokane Housing Market Forecast with Real Estate Prices for 2032
January 2032 483262 457166 509358
February 2032 483132 439650 526614
March 2032 483891 457761 510021
April 2032 484994 446680 523309
May 2032 486158 442404 529913
June 2032 487178 439434 534921
July 2032 487821 457576 518066

> 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.