Are Spokane Homes Selling Fast in 2026?
- Nick Briggs
- 4 days ago
- 3 min read
Spokane’s Market in 2026: Seller’s Market with Rising Inventory
If you’re wondering “are Spokane homes selling fast right now?”, the answer is yes—but with more nuance than in past years.
Based on the most recent Spokane MLS data, Spokane is in a seller’s market with rising inventory, not a neutral one. Buyers have more options than before, but well-priced homes are still selling quickly and close to asking price.
🏠 How Fast Are Homes Selling in Spokane?
According to the latest data:
Average Days on Market: 35 days — Down 22.2% month-over-month, up 16.7% year-over-year
Months of Inventory: 2.8 months — Seller’s Market
Sold-to-List Price Ratio: 98%
Buyer demand remains strong, with pending activity increasing month-over-month
Homes aren’t selling instantly like they did during peak frenzy—but they are still moving efficiently when priced correctly.
💰 What Are Homes Selling For?
Current Spokane pricing trends show stabilization with some short-term pressure:
Average Sold Price: $479,000 — Down 0.6% month-over-month, down 1.4% year-over-year
Median Sold Price: $430,000 — Up 1.2% month-over-month, down 2.3% year-over-year
Average Price per Sq. Ft.: $219 — Up 0.9% month-over-month, down 1.4% year-over-year
Prices are stabilizing overall, with inventory increases creating more competition and slight short-term pricing pressure in some segments of the Spokane market.
🏡 How Can Homes Sell Faster in Spokane (When Priced Right)
In today’s market, Spokane homes that are:
Priced correctly from day one
Professionally marketed
Move-in ready or updated
…are still attracting strong interest and offers quickly.
Buyers are more selective, but they are active—and they’re willing to act when value is clear.
🧭 What Spokane’s Current Market Means for You
In today’s seller’s market with increasing inventory:
Sellers: You still have the advantage—but pricing and presentation matter more than ever
Buyers: You have more options than before, but competition still exists for well-priced homes
🏗️ What’s Next for Spokane Real Estate?
Spokane’s housing market is shifting—not slowing.
Inventory is rising, creating more competition and more choices for buyers.
Buyer demand remains strong
Pricing is stabilizing overall, though some segments are seeing increased pressure as inventory rises.
This is a healthier, more sustainable market—not a downturn.
👋 Thinking About Buying or Selling in Spokane?
Whether you’re trying to buy before prices rise again or sell before competition increases, having a Realtor who understands local market shifts is key. I help Spokane homeowners and buyers navigate timing, pricing, and negotiation to make the process as smooth and profitable as possible.
👉 Contact me today at NickBriggsRealty.com for personalized insights on your home’s value or buying opportunities.
🧠 FAQs About Spokane’s 2026 Housing Market
Are Spokane homes selling fast right now? Yes. Homes are averaging around 35 days on market, though well-priced homes can still sell significantly faster.
Is it a buyer’s or seller’s market in Spokane? Spokane is currently a seller’s market, with about 2.8 months of inventory. While buyers have more options than in previous years, sellers still hold the advantage overall.
How much are Spokane homes selling for on average? The average Spokane home sells for $479,000, while the median sold price is $430,000.
Will Spokane home prices drop in 2026? Current trends show pricing stabilization with continued buyer demand. Rising inventory is increasing competition, but Spokane remains a seller’s market overall.
📌 Related Blog: Spokane Housing Market Forecast
About Me
My name is Nick Briggs
Being born and raised in Spokane I grew up knowing what a special place this city is, and it was my dream to help others create a life in this wonderful community by guiding them in real estate. I spent many years in the customer service industry, the experience of listening and communication showed me how much I truly loved helping people. I attended Gonzaga University and earned a Bachelor’s Degree in Business Administration to add to my knowledge of guiding, managing, negotiating, and listening to individuals, helping them achieve their real estate goals. Let me help you achieve yours today!
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