Home Values

Northwest Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$132,900

  • 2.5% 1-year change
  • 3.6% 1-year forecast

The median home value in Northwest is $132,900. Northwest home values have gone up 2.5% over the past year and Zillow predicts they will rise 3.6% within the next year. The median list price per square foot in Northwest is None. The median rent price in Northwest is $875, which is higher than the Spokane median of $815.

Foreclosures will be a factor impacting home values in the next several years. In Northwest 2.4 homes are foreclosed (per 10,000). This is lower than the Spokane value of 5.5 and also lower than the national value of 3.9

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Relative ZHVI
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Northwest Market Overview

Data through Apr 30, 2015
  • $132,900 ZHVI
  • 3.6% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Apr 30, 2016)
  • No data Median listing price
  • $142,766 Median sale price
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Northwest Market Health

Data through Apr 30, 2015
  • 4.0/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

2.4 homes Northwest
5.5 homes Spokane
3.9 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Five Mile-Prairie $247,400
North Indian Trail $211,000
Balboa-South Indian Trail $166,600
Name Median ZHVI
Cliff-Cannon $155,900
West Hills $153,500
North Hill $115,600
Name Median ZHVI
Nevada-Lidgerwood $104,500
Emerson-Garfield $104,300
West Central $96,200

Listings & Sales

Data through Apr 30, 2015
  • No recent data Median list price / sq ft
  • $131 Median sale price / sq ft
  • No data Listings with price cut
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Northwest Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $951 Northwest
    $985 Spokane
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.8 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • $875 Rent list price
  • $0.80 Rent list price / sq ft
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