Spokane Valley.
The median asking price in Spokane Valley this August is $464,950, essentially flat from last month at -0.4%. With 460 active listings, 163 new in the past 30 days, and 25% of inventory under contract, the market is steady — well supplied, but still moving.
The median asking price in Spokane Valley this month is $464,950, edging down 0.4% from July. The median price per square foot sits at $216, also down slightly at -0.5%. Neither move is large; taken together, they describe a market that is holding its ground rather than shifting direction. There are 460 active residential listings, up 2.2% month over month, with 163 homes newly listed in the last 30 days. A quarter of inventory — 25% — is under contract. The middle of the market runs from $385,000 to $595,324, which gives buyers a fairly wide band of choices and gives sellers a clear sense of where most of the activity lives.
The buyer's read.
If you're buying in Spokane Valley right now, the numbers are on the friendlier side of steady. Inventory grew 2.2% this month and 163 fresh listings arrived in the past 30 days, so there is genuine choice — particularly within the $385,000 to $595,324 middle band. Prices eased slightly, at -0.4% on median asking price and -0.5% per square foot, which means you're not chasing a rising target. Still, with 25% of inventory under contract, well-priced homes are finding buyers, so it pays to be ready when the right one appears.
The seller's read.
If you're selling, this is a market that rewards accurate pricing more than ambition. The median asking price of $464,950 barely moved this month, and inventory ticked up 2.2%, so buyers have alternatives. The encouraging signal is that 25% of active listings are under contract — homes priced in line with the market, and the $216 per square foot benchmark, are going pending. Presentation and a realistic list price matter more here than timing.
Where it's pointed.
Current momentum in Spokane Valley points to a steady, balanced market: prices essentially flat, inventory rising modestly, and a solid share of homes under contract. Whether that holds depends on how fall listing activity and buyer demand play out, and neither is guaranteed. For now, the numbers suggest continuity rather than change.
Figures computed 2026-08-01 from live Spokane REALTORS® and Coeur d'Alene MLS feeds — asking prices of active inventory, not closed sales. AI-assisted narrative; all numbers deterministic.
Buying or selling in Spokane Valley? Let's talk numbers.
Shane and the team will pull the parcel-level comps behind these medians.