What are current home values in Spokane Valley, WA?

The median home value in Spokane Valley, WA is $417,512 as of June 2026. This represents a 0.3% decrease compared to last month and a 0.3% increase year-over-year.

How have home values changed in Spokane Valley, WA?

Home values in Spokane Valley, WA have decreased by 0.3% month-over-month and 0.3% year-over-year.

How do home values in Spokane Valley, WA compare to Spokane County, Washington, and the national average?

The median home value in Spokane Valley, WA ($417,512) compares to: Spokane County ($429,159), Washington ($603,303), and the U.S. national median ($372,995).

Spokane Valley, WA Housing Market

$417,512

0.3% 1-yr

The average Spokane Valley, WA home value is $417,512, up 0.3% over the past year, and homes go to pending in around 14 days. (Updated on 6/30/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Spokane Valley Key Takeaways

Typical Home Values: $417,512

1-Year Value Change: +0.3%

(Data through June 30, 2026)

Spokane Valley Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 323 (June 30, 2026)

New Listings: 126 (June 30, 2026)

Median Sale to List Ratio: 1.000 (May 31, 2026)

Median Sale Price: $428,333 (May 31, 2026)

Median List Price: $441,966 (June 30, 2026)

Percent of Sales Over List Price: 33.2% (May 31, 2026)

Percent of Sales Under List Price: 40.0% (May 31, 2026)

Median Days to Pending: 14 (June 30, 2026)

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Spokane Valley

NameMedian ZHVI
Green Acres$488,144
Northwood$562,800
Riverton$391,597
Chief Garry Park$275,094
Minnehaha$316,851
Orchard Prairie$650,926
Lincoln Heights$396,694
Hillyard$284,460
Foothills$612,111

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Spokane Valley Homes for Sale

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Spokane Valley Rental Market Trends

Average Rent: $1,549 (June 30, 2026)

National Average Rent: $1,965 (June 30, 2026)

Month-Over-Month Change: 0.1% (June 30, 2026)

Year-Over-Year Change: 0.6% (June 30, 2026)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.