Buying a home in Spokane, WA, offers an affordable entry point into one of the fastest-growing real estate markets in Eastern Washington. The Spokane housing market attracts buyers searching for lower home prices, larger lot sizes, and strong property value compared to Seattle and other West Coast cities.

Whether you’re exploring homes for sale in Spokane, historic properties in Browne’s Addition, family-friendly neighborhoods on the South Hill, or new construction in North Spokane, understanding current home prices, mortgage rates, and market trends is essential. Spokane is known for its outdoor recreation along the Spokane River, access to top-rated schools, and a growing job market supported by healthcare, education, and manufacturing industries. With a lower cost of living and steady appreciation, buying a home in Spokane provides both lifestyle benefits and long-term investment potential in the Inland Northwest.

1840000

Median List Price

806

Median Price Per Sqft

48

Average Days on Market

97

Sales-to-List Price Ratio (%)

Kirkland Neighborhoods

South Spokane Neighborhoods

  • South Hill – One of Spokane’s most desirable areas, known for historic homes, tree-lined streets, and top-rated schools.
  • Comstock – Quiet residential neighborhood near Manito Park with strong buyer demand.
  • Lincoln Heights – Established community with shopping centers, schools, and convenient access to downtown Spokane.

North Spokane Neighborhoods

  • Five Mile Prairie – Suburban neighborhood with larger homes, new construction, and scenic views.
  • Indian Trail – Family-friendly area with parks, schools, and affordable homes for sale in North Spokane.
  • Shadle Park – Established mid-century homes with easy access to retail, dining, and major roadways.

Central Spokane Neighborhoods

  • Downtown Spokane – Urban living with condos, Spokane River views, and walkable access to restaurants and entertainment.
  • Kendall Yards – Modern mixed-use community featuring new construction homes and riverfront trails.
  • Browne’s Addition – Historic district known for Victorian homes, tree-lined streets, and strong rental demand.

Spokane Valley Area

  • Spokane Valley – Popular for affordability, newer developments, and proximity to I-90.
  • Liberty Lake – Growing suburban community with golf courses, parks, and higher-end homes.
  • Greenacres – Established Spokane Valley neighborhood known for larger lots, single-family homes, and convenient access to I-90 and local shopping.

tHE Spokane Lifestyle

Living in Spokane, WA, offers an appealing combination of affordability, outdoor recreation, and a growing job market that attracts homebuyers from across the Pacific Northwest. The Spokane real estate market is known for lower home prices compared to Seattle, making it a popular destination for buyers searching for affordable homes for sale in Spokane. Residents enjoy easy access to the Spokane River, Riverfront Park, hiking trails, ski resorts, and four-season outdoor activities.

Neighborhoods like South Hill, Five Mile Prairie, and Liberty Lake provide a mix of historic homes, new construction, and family-friendly communities. Spokane also benefits from a strong healthcare and education sector, anchored by major employers and universities, while maintaining a lower cost of living than many West Coast cities. For buyers seeking quality of life, scenic beauty, and long-term property value, living in Spokane offers both lifestyle advantages and solid investment potential.

Relocating to SPOKANE

Relocating to Spokane, WA, and finding the right home is an attractive option for buyers seeking affordable housing, a lower cost of living, and strong quality of life in Eastern Washington. The Spokane housing market offers a wide range of homes for sale in Spokane, from historic properties on the South Hill to new construction in Five Mile Prairie and family-friendly communities in Spokane Valley and Liberty Lake.

Many buyers moving to Spokane are drawn by competitive home prices, no state income tax, and growing job opportunities in healthcare, education, and manufacturing. Understanding current Spokane home prices, mortgage rates, and neighborhood trends is essential when navigating this active real estate market. Working with a knowledgeable Spokane real estate agent can help you identify the best neighborhoods, tour homes quickly, and submit strong offers in competitive price ranges. Whether you’re relocating for work, retirement, or a lifestyle change, buying a home in Spokane offers long-term value and access to year-round outdoor recreation in the Inland Northwest.

Ready to start you home search iN kIRKLAND?

Request an initial appointment with our neighborhood expert and start receiving new listing alerts and taking home tours!








    I agree to receive recurring automated text messages at the phone number provided. Msg & data rates may apply. Msg frequency varies. Reply HELP for help and STOP to cancel. View our Terms of Service and Privacy Policy.

    Latest SPOKANE news

    Learn more about specific areas and amenities that make the city of Spokane a great place to search for a home to buy.

    Our blog
    Bellevue WA city
    Relocating to Bellevue WA

    Moving to Bellevue, WA: Best Neighborhoods, Lifestyle, and What to Know Before Buying a Home [...]

    31
    Mar
    We’re a Zillow Pro Member

    Be the Agent They See on Zillow Designed Realty is now a Zillow Pro member, [...]

    26
    Mar
    Living in Downtown Kirkland: Pros, Cons, and What to Expect

    Living in Downtown Kirkland: Pros, Cons, and What to Expect For many homebuyers exploring the [...]

    14
    Mar
    kirkland top producing agents
    Seattle Real Producer Feature

    Kevin and Sarah’s story was featured in the March issue of Seattle Real Producers magazine. [...]

    11
    Mar
    Further Together – Agent Event

    Agents helping agents win. We go further together. That’s why we’re bringing local agents together [...]

    02
    Mar
    Climbing Mt. Stupid – From Overconfidence to Trust and Teamwork

    The Client Who Didn’t Trust Her Agent (A Wake-Up Call) At a recent team meeting, [...]

    04
    Feb
    Leading Through Fear with Emotional Discipline

    Fear can quietly poison a team from the inside. I felt it creeping into my [...]

    03
    Dec
    Company Values and Their Role in Our Real Estate Approach

    Our Core Values  Designed Realty has a clear set of core values intended to guide [...]

    03
    Nov

    Frequently Asked Questions about Spokane, WA

    The first step in searching for homes for sale in Spokane is getting pre-approved for a mortgage and setting a clear budget. The Spokane housing market moves quickly in certain price ranges, especially for affordable single-family homes. Working with a local Spokane real estate agent gives you access to real-time MLS listings, neighborhood insights, and early alerts when new homes hit the market.

    Popular neighborhoods for Spokane homebuyers include South Hill, Five Mile Prairie, Indian Trail, Downtown Spokane, and Liberty Lake. Each area offers different home prices, school districts, commute times, and lifestyle amenities. Narrowing your Spokane home search by neighborhood helps you better understand property values and market competition.

    The Spokane real estate market is considered competitive, particularly for homes under the median price point. Well-priced homes in desirable areas like South Hill or Five Mile Prairie often receive multiple offers. Buyers searching for Spokane homes should be prepared with strong financing and the ability to move quickly.

    Homes in Spokane can go pending within days if priced correctly and located in high-demand neighborhoods. Properties in South Hill and newer developments in North Spokane often sell faster than average. Monitoring days on market (DOM) and reviewing recent comparable sales is important when evaluating Spokane real estate listings.

    When searching for a home in Spokane, buyers should consider school districts, commute times, lot size, future development plans, and proximity to outdoor recreation like the Spokane River and regional ski resorts. Factors such as snow removal, heating systems, and property taxes are also important in Eastern Washington. Partnering with an experienced Spokane real estate agent helps ensure you find a home that fits both your lifestyle and long-term investment goals.