Spokane has become one of the hottest real estate markets in the Pacific Northwest, attracting homebuyers looking for affordability, charm, and a high quality of life. Spokane real estate agents report that demand has surged in certain neighborhoods, with buyers drawn to scenic surroundings, strong community appeal, and convenient access to amenities. Whether you’re relocating, investing, or searching for the perfect home, knowing where demand is highest can help guide your decision. Below, we explore the most sought-after neighborhoods in Spokane based on insights from local real estate professionals.
Why Spokane’s Housing Market Is Thriving
Spokane’s real estate market continues to grow, thanks to a combination of affordability, lifestyle appeal, and increasing demand from out-of-state buyers. Compared to larger West Coast cities, Spokane offers lower home prices while still providing urban conveniences and outdoor recreation.
With a strong local economy, thriving arts scene, and a blend of historic charm and modern development, Spokane real estate agents agree that now is a great time to buy in this flourishing market.
The Most In-Demand Neighborhoods in Spokane
South Hill – Classic Spokane Charm (Average Home Price: $554,000)
One of Spokane’s most established areas, South Hill is known for its tree-lined streets, historic homes, and welcoming community atmosphere. Homebuyers are drawn to its mix of vintage architecture, modern renovations, and convenient access to parks, shopping, and schools. Manito Park, one of Spokane’s most beloved green spaces, serves as a central hub for the neighborhood, offering lush gardens, trails, and picnic areas. With a diverse selection of homes ranging from mid-century designs to luxurious estates, South Hill continues to be a top choice for buyers looking for both character and convenience.
Kendall Yards – Spokane’s Trendy Urban Hub (Average Home Price: $700,000)
Located along the Spokane River just west of downtown, Kendall Yards is one of the city's most modern and vibrant neighborhoods. This area features sleek townhouses, condos, and single-family homes with stunning views of the river and city skyline. Residents enjoy a thriving restaurant scene, boutique shops, and easy access to miles of scenic trails. Spokane real estate agents frequently highlight Kendall Yards as a top choice for buyers looking for upscale urban living with outdoor recreation just steps away.
Greenacres – Suburban Haven Between the River and Forest (Average Home Price: $506,000)
Situated in Spokane Valley between the Spokane River and the Saltese Uplands Conservation Area, Greenacres offers a mix of suburban convenience and natural beauty. Originally developed as a farming community, Greenacres still maintains small agricultural pockets while featuring an increasing number of modern homes. The neighborhood is a favorite among buyers seeking newer developments, parks, and easy access to outdoor recreation. Spokane real estate agents often recommend Greenacres for those looking for a suburban feel without the congestion of downtown.
Five Mile Prairie – Suburban Appeal with City Access (Average Home Price: $617,000)
Sitting atop a scenic plateau north of downtown Spokane, Five Mile Prairie is a peaceful neighborhood known for its spacious lots and panoramic views. Many homes in this area are newer construction, with contemporary designs and open layouts. Buyers are drawn to this location because of it's scenic outlooks and quiet residential streets. With a mix of traditional and modern homes, this neighborhood continues to see strong demand from buyers looking for suburban comfort close to city amenities.
Chester – A Mix of Rural and Suburban in Spokane Valley (Average Home Price: $552,000)
Chester, located in southeastern Spokane Valley, is a unique neighborhood that offers larger lots and a blend of rural and suburban living. Many of its homes were built in the 1970s and ’80s, featuring spacious layouts, quiet streets, and privacy-enhancing pine trees. The area has seen a rise in high-end homes, particularly near the Iller Creek Conservation Area, where properties can exceed $1 million. New developments, such as Elk Meadows Estates, continue to expand the neighborhood’s housing options, making Chester a top pick for buyers looking for space and tranquility.
Liberty Lake – The Ultimate Outdoor Lifestyle (Average Home Price: $672,000)
Located east of Spokane, Liberty Lake is a prime destination for homebuyers who love outdoor recreation. The neighborhood is surrounded by hiking trails, golf courses, and, of course, the beautiful Liberty Lake itself. Liberty Lake offers a mix of planned communities, lakefront properties, and modern subdivisions, attracting many buyers. With well-maintained parks and a resort-like atmosphere, Spokane real estate agents frequently rank Liberty Lake among the most desirable places to live.
Indian Trail – Quiet Living with Great Amenities (Average Home Price: $541,000)
Tucked away in north Spokane, Indian Trail is a peaceful neighborhood known for its spacious homes and easy access to parks and shopping. The area offers a mix of classic and contemporary homes, with many featuring large backyards and modern updates. With local grocery stores, restaurants, and coffee shops nearby, residents enjoy suburban living without sacrificing convenience. Spokane real estate agents often recommend Indian Trail for buyers looking for a quiet, residential atmosphere with strong community appeal.
Audubon/Downriver – A Perfect Blend of Outdoor Recreation and Dining (Average Home Price: $366,000)
Located in Northwest Spokane along the Spokane River, Audubon/Downriver is a nature lover’s dream. The neighborhood is home to some of the city’s most popular parks, including Audubon Park, as well as a variety of well-loved local restaurants. With its mix of charming older homes and updated properties, Audubon/Downriver offers more affordable options compared to other high-demand neighborhoods in Spokane. Buyers looking for a balance of urban convenience and outdoor adventure often find this area to be the perfect fit.
What Spokane Real Estate Agents Say About Market Trends
Spokane real estate agents consistently report strong buyer interest in these neighborhoods, with limited inventory and rising home values. Competitive offers and fast-moving sales indicate a thriving housing market, especially in areas with modern amenities and strong community appeal.
For buyers looking to enter Spokane’s real estate market, it’s essential to work with a knowledgeable agent who can help navigate these high-demand areas.
Final Thoughts: Choosing the Right Spokane Neighborhood
The best Spokane neighborhood for you depends on your lifestyle, budget, and long-term goals. Whether you’re drawn to the historic charm of South Hill, the urban appeal of Kendall Yards, or the outdoor lifestyle of Liberty Lake, Spokane offers a variety of options for homebuyers.
Working with experienced Spokane real estate agents can help you find the perfect home in a neighborhood that meets your needs. With a booming market and high demand, now is the time to explore Spokane’s most sought-after communities. Click 'Contact Me' below to get in contact with me, Nick Briggs to learn how I can help you!
FAQs
What is the hottest neighborhood in Spokane right now? Kendall Yards and South Hill are among the most in-demand areas due to their amenities, location, and strong buyer interest.
Is Spokane a good place to invest in real estate? Yes, Spokane continues to see rising home values and increased demand, making it a strong market for both homebuyers and investors.
How do I find the best Spokane real estate agent? Look for agents with strong local expertise, good reviews, and experience in the neighborhood you’re interested in.
Are home prices expected to rise in Spokane? Market trends suggest continued growth, with high demand pushing prices up in many popular neighborhoods.
Which Spokane neighborhood has the best amenities? Kendall Yards offers a great mix of urban living and dining while Liberty Lake is known for its outdoor recreation and planned communities.
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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.
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