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Spokane Real Estate Forecast, Spokane Area Housing Prices and Home Value Trends and Predictions

Is buying a house in Spokane a good investment? The median home price in Spokane City today: ▲250162 USD (+0.171%)

Current Price
▲250162 USD
1-Year Forecast *
▲255844 USD
5-Year Forecast *
▲276527 USD
Spokane city real estate market report for buying and selling homes with median prices:
"Is it a good time to buy homes in Spokane City?" "Does investing in real estate in Spokane (Washington State, Spokane County) worth it?" According to our live Forecast System, buying a house in Spokane City is a not so 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 zhongliwanfu.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Spokane City 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 250162 USD on 2024-12-22. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Spokane" area is 276527 USD by 2029-12-31. For a 5-year investment the profit is expected to be around +10.54% meaning that investing 100000 USD today may yield a profit of 110540 USD by 2029.
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Current Median Listing Price: 250162 USD
Median Listing Price Per Square Foot: 139 USD

Spokane City 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 prediction details
Spokane City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year
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Spokane City (Washington State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2023-2029

The long-term housing forecast is based on all the available median listing price recorded up to today.
Spokane prediction details
Spokane City (Washington State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2028-2028
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Detailed Trend Components of the Spokane Property Price Forecast and Prognosis

Spokane prediction details
Detailed Data for the Spokane City Real Estate Forecast Charts of the Upcoming Months and Year
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14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2022Open: 236028Close: 238636Low: 236028High: 238636
2021Open: 236623Close: 235904Low: 235461High: 236623
2020Open: 256690Close: 236832Low: 236832High: 260000
2019Open: 231060Close: 253940Low: 231060High: 253940
2018Open: 205620Close: 229430Low: 205620High: 229430
2017Open: 185850Close: 203390Low: 185850High: 203390
2016Open: 167330Close: 183910Low: 167330High: 183910
2015Open: 159280Close: 165900Low: 157640High: 165900
2014Open: 149920Close: 159260Low: 149920High: 159260
2013Open: 153320Close: 150490Low: 150490High: 153320
2012Open: 148100Close: 153120Low: 148080High: 153120
2011Open: 158990Close: 147830Low: 147830High: 158990
2010Open: 173380Close: 159640Low: 159640High: 173380
2009Open: 179900Close: 174860Low: 173890High: 179900

Questions and 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 City is 250162 USD.

What is the average price per square foot in Spokane City?

According to Walletinvestor the median price per square foot in Spokane City is 139 USD.

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

Yes. The Spokane home prices may rise from 250162 USD to 255844 USD in one year.

Is it profitable to invest in Spokane homes?

Yes. The long-term profit potential is +2.27% in one year.

Will Spokane house prices fall / drop?

No. See above.

What is the predicted price of a Spokane home in 2029?

The predicted home sales price of a Spokane home in 2029 in Spokane City is 276527 USD.

What is the predicted price of a Spokane home in 2034?

The predicted home sales price of a Spokane home in 2034 in Spokane City is 290335 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 City is the 88. largest city in the United States, located in Washington State.

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

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

Median home values increased by 123.200% to 250162 USD, between 2023-11-30 and 2024-11-30

The average annual profit of property investment was:

  • 9.902% in 2019
  • -7.736% in 2020
  • -0.3039% in 2021
  • 5.988% in 2022
  • 0.000001% in 2023
  • 0.000001% in 2024

Based on our Spokane City real estate market research and report the predicted sales prices will increase by 16.059% in the next 10 years.

Over the last 12 months, the value of homes in Spokane City fluctuated: increasing 10 times and decreasing 2 times.

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Link to this PRoperty Price Prediction:
<a href="//zhongliwanfu.com/real-estate-forecast/wa/spokane/spokane-housing-market">Spokane Forecast</a>

Spokane (Washington State) Property Investment Growth

Spokane Property Market Information

Recommendations by the previous and the upcoming 36 months: buy or sell a home in Spokane? See the Spokane (Washington State, Spokane County) property price forecasts, and buy/sell analysis based on the Housing Market and Property Investment report below. According to current data of median home prices: Spokane's real estate prices and its market environment have been in a bullish cycle in the last 36 months. Our property investment analyst Ai predicts a negative trend in the near future and buying a house in Spokane is not a good investment for making profit. All the above imply a negative outlook for the Spokane city property market, and we recommend looking for other cities instead to build a real estate portfolio in Spokane. Flipping houses for profit in bearish markets is always harder so you might want to avoid these problematic cities if you are not a veteran. Always read up on optimal real estate investment strategies if you are new to investing.

Spokane Real Estate Price Trends, Housing Market Forecast for next months and years

If you are looking for the best real estate investment opportunities in the State of Washington, Spokane City can be a a not so good option. To help you in your decision see the estimated home prices and values in Spokane City below. Our property price forecasts can help home buyers and sellers make better property investment decisions for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.
DateAverage priceMinimum priceMaximum price
Spokane Housing Market Forecast with Real Estate Prices for 2025January 2025Open: 251168Min: 224997Max: 275007
Spokane Housing Market Forecast with Real Estate Prices for 2025February 2025Open: 251775Min: 226831Max: 278302
Spokane Housing Market Forecast with Real Estate Prices for 2025March 2025Open: 251648Min: 225724Max: 277138
Spokane Housing Market Forecast with Real Estate Prices for 2025April 2025Open: 252511Min: 225519Max: 278746
Spokane Housing Market Forecast with Real Estate Prices for 2025May 2025Open: 252849Min: 227819Max: 277880
Spokane Housing Market Forecast with Real Estate Prices for 2025June 2025Open: 253311Min: 226300Max: 281217
Spokane Housing Market Forecast with Real Estate Prices for 2025July 2025Open: 253749Min: 227083Max: 279339
Spokane Housing Market Forecast with Real Estate Prices for 2025August 2025Open: 254144Min: 228690Max: 279964
Spokane Housing Market Forecast with Real Estate Prices for 2025September 2025Open: 254308Min: 231540Max: 279413
Spokane Housing Market Forecast with Real Estate Prices for 2025October 2025Open: 254801Min: 229158Max: 281639
Spokane Housing Market Forecast with Real Estate Prices for 2025November 2025Open: 255319Min: 229974Max: 280026
Spokane Housing Market Forecast with Real Estate Prices for 2025December 2025Open: 255844Min: 227868Max: 282942
Spokane Housing Market Forecast with Real Estate Prices for 2026January 2026Open: 256373Min: 232022Max: 282734
Spokane Housing Market Forecast with Real Estate Prices for 2026February 2026Open: 256903Min: 231201Max: 284465
Spokane Housing Market Forecast with Real Estate Prices for 2026March 2026Open: 256814Min: 230998Max: 282324
Spokane Housing Market Forecast with Real Estate Prices for 2026April 2026Open: 257676Min: 233205Max: 280678
Spokane Housing Market Forecast with Real Estate Prices for 2026May 2026Open: 258030Min: 233847Max: 284049
Spokane Housing Market Forecast with Real Estate Prices for 2026June 2026Open: 258476Min: 232996Max: 284376
Spokane Housing Market Forecast with Real Estate Prices for 2026July 2026Open: 258920Min: 232134Max: 285858
Spokane Housing Market Forecast with Real Estate Prices for 2026August 2026Open: 259319Min: 234390Max: 283635
Spokane Housing Market Forecast with Real Estate Prices for 2026September 2026Open: 259461Min: 234191Max: 287741
Spokane Housing Market Forecast with Real Estate Prices for 2026October 2026Open: 259967Min: 235360Max: 285564
Spokane Housing Market Forecast with Real Estate Prices for 2026November 2026Open: 260476Min: 234900Max: 284705
Spokane Housing Market Forecast with Real Estate Prices for 2026December 2026Open: 261020Min: 235809Max: 287733
Spokane Housing Market Forecast with Real Estate Prices for 2027January 2027Open: 261577Min: 235601Max: 286064
Spokane Housing Market Forecast with Real Estate Prices for 2027February 2027Open: 262031Min: 236658Max: 285369
Spokane Housing Market Forecast with Real Estate Prices for 2027March 2027Open: 261981Min: 235436Max: 286634
Spokane Housing Market Forecast with Real Estate Prices for 2027April 2027Open: 262842Min: 236565Max: 290834
Spokane Housing Market Forecast with Real Estate Prices for 2027May 2027Open: 263211Min: 237099Max: 289416
Spokane Housing Market Forecast with Real Estate Prices for 2027June 2027Open: 263641Min: 235993Max: 289054
Spokane Housing Market Forecast with Real Estate Prices for 2027July 2027Open: 264091Min: 236971Max: 290698
Spokane Housing Market Forecast with Real Estate Prices for 2027August 2027Open: 264494Min: 238925Max: 290506
Spokane Housing Market Forecast with Real Estate Prices for 2027September 2027Open: 264613Min: 238386Max: 289695
Spokane Housing Market Forecast with Real Estate Prices for 2027October 2027Open: 265133Min: 237563Max: 288955
Spokane Housing Market Forecast with Real Estate Prices for 2027November 2027Open: 265633Min: 238508Max: 291508
Spokane Housing Market Forecast with Real Estate Prices for 2027December 2027Open: 266198Min: 241893Max: 289991
Spokane Housing Market Forecast with Real Estate Prices for 2028January 2028Open: 266780Min: 240882Max: 293351
Spokane Housing Market Forecast with Real Estate Prices for 2028February 2028Open: 267329Min: 241553Max: 293441
Spokane Housing Market Forecast with Real Estate Prices for 2028March 2028Open: 267165Min: 241319Max: 291908
Spokane Housing Market Forecast with Real Estate Prices for 2028April 2028Open: 268029Min: 241186Max: 292273
Spokane Housing Market Forecast with Real Estate Prices for 2028May 2028Open: 268352Min: 242424Max: 295324
Spokane Housing Market Forecast with Real Estate Prices for 2028June 2028Open: 268829Min: 242787Max: 294626
Spokane Housing Market Forecast with Real Estate Prices for 2028July 2028Open: 269261Min: 244936Max: 296528
Spokane Housing Market Forecast with Real Estate Prices for 2028August 2028Open: 269651Min: 243263Max: 294330
Spokane Housing Market Forecast with Real Estate Prices for 2028September 2028Open: 269838Min: 243690Max: 295342
Spokane Housing Market Forecast with Real Estate Prices for 2028October 2028Open: 270319Min: 244324Max: 295920
Spokane Housing Market Forecast with Real Estate Prices for 2028November 2028Open: 270846Min: 246583Max: 296222
Spokane Housing Market Forecast with Real Estate Prices for 2028December 2028Open: 271351Min: 245105Max: 298097
Spokane Housing Market Forecast with Real Estate Prices for 2029January 2029Open: 271851Min: 245894Max: 300926
Spokane Housing Market Forecast with Real Estate Prices for 2029February 2029Open: 272458Min: 246354Max: 297317
Spokane Housing Market Forecast with Real Estate Prices for 2029March 2029Open: 272331Min: 247155Max: 299326
Spokane Housing Market Forecast with Real Estate Prices for 2029April 2029Open: 273194Min: 246735Max: 298189
Spokane Housing Market Forecast with Real Estate Prices for 2029May 2029Open: 273533Min: 246871Max: 298710
Spokane Housing Market Forecast with Real Estate Prices for 2029June 2029Open: 273994Min: 246476Max: 300307
Spokane Housing Market Forecast with Real Estate Prices for 2029July 2029Open: 274432Min: 247280Max: 299188
Spokane Housing Market Forecast with Real Estate Prices for 2029August 2029Open: 274827Min: 249800Max: 300882
Spokane Housing Market Forecast with Real Estate Prices for 2029September 2029Open: 274991Min: 249095Max: 301587
Spokane Housing Market Forecast with Real Estate Prices for 2029October 2029Open: 275484Min: 248074Max: 300197
Spokane Housing Market Forecast with Real Estate Prices for 2029November 2029Open: 276002Min: 250103Max: 302220
Spokane Housing Market Forecast with Real Estate Prices for 2029December 2029Open: 276527Min: 249190Max: 302415
Spokane Housing Market Forecast with Real Estate Prices for 2030January 2030Open: 277056Min: 252349Max: 303246
Spokane Housing Market Forecast with Real Estate Prices for 2030February 2030Open: 277586Min: 251733Max: 304873
Spokane Housing Market Forecast with Real Estate Prices for 2030March 2030Open: 277497Min: 252028Max: 303566
Spokane Housing Market Forecast with Real Estate Prices for 2030April 2030Open: 278360Min: 250742Max: 303548
Spokane Housing Market Forecast with Real Estate Prices for 2030May 2030Open: 278713Min: 251472Max: 301935
Spokane Housing Market Forecast with Real Estate Prices for 2030June 2030Open: 279159Min: 254384Max: 304455
Spokane Housing Market Forecast with Real Estate Prices for 2030July 2030Open: 279603Min: 253344Max: 305492
Spokane Housing Market Forecast with Real Estate Prices for 2030August 2030Open: 280002Min: 254292Max: 307553
Spokane Housing Market Forecast with Real Estate Prices for 2030September 2030Open: 280144Min: 255107Max: 304588
Spokane Housing Market Forecast with Real Estate Prices for 2030October 2030Open: 280650Min: 253813Max: 307004
Spokane Housing Market Forecast with Real Estate Prices for 2030November 2030Open: 281159Min: 255770Max: 306168
Spokane Housing Market Forecast with Real Estate Prices for 2030December 2030Open: 281704Min: 256072Max: 309273
Spokane Housing Market Forecast with Real Estate Prices for 2031January 2031Open: 282260Min: 257915Max: 307232
Spokane Housing Market Forecast with Real Estate Prices for 2031February 2031Open: 282714Min: 257835Max: 309524
Spokane Housing Market Forecast with Real Estate Prices for 2031March 2031Open: 282665Min: 255676Max: 310091
Spokane Housing Market Forecast with Real Estate Prices for 2031April 2031Open: 283525Min: 256157Max: 310339
Spokane Housing Market Forecast with Real Estate Prices for 2031May 2031Open: 283894Min: 258415Max: 308505
Spokane Housing Market Forecast with Real Estate Prices for 2031June 2031Open: 284324Min: 258576Max: 308928
Spokane Housing Market Forecast with Real Estate Prices for 2031July 2031Open: 284774Min: 259447Max: 311806
Spokane Housing Market Forecast with Real Estate Prices for 2031August 2031Open: 285177Min: 260626Max: 312629
Spokane Housing Market Forecast with Real Estate Prices for 2031September 2031Open: 285296Min: 259519Max: 311907
Spokane Housing Market Forecast with Real Estate Prices for 2031October 2031Open: 285816Min: 259852Max: 311588
Spokane Housing Market Forecast with Real Estate Prices for 2031November 2031Open: 286316Min: 257023Max: 309395
Spokane Housing Market Forecast with Real Estate Prices for 2031December 2031Open: 286881Min: 261273Max: 314070
Spokane Housing Market Forecast with Real Estate Prices for 2032January 2032Open: 287464Min: 261468Max: 312113
Spokane Housing Market Forecast with Real Estate Prices for 2032February 2032Open: 288013Min: 263446Max: 313663
Spokane Housing Market Forecast with Real Estate Prices for 2032March 2032Open: 287848Min: 261208Max: 315190
Spokane Housing Market Forecast with Real Estate Prices for 2032April 2032Open: 288712Min: 262897Max: 314298
Spokane Housing Market Forecast with Real Estate Prices for 2032May 2032Open: 289035Min: 264998Max: 316660
Spokane Housing Market Forecast with Real Estate Prices for 2032June 2032Open: 289512Min: 262398Max: 314645
Spokane Housing Market Forecast with Real Estate Prices for 2032July 2032Open: 289944Min: 263649Max: 316324
Spokane Housing Market Forecast with Real Estate Prices for 2032August 2032Open: 290335Min: 265628Max: 315548
Short-term and long-term Spokane (Washington State) housing market predictions may be different due to the different analyzed time series.
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Question Box: How will Spokane house price increase? Will Spokane real estate prices go up? Will Spokane real estate prices fall? Will Spokane house prices drop? Will Spokane house prices rise? Is Spokane housing price going up? Is it time to buy a Spokane home? When will Spokane house prices go down? When will Spokane real estate prices drop?
* 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.