Spokane Real Estate by Neighborhood: A Local Breakdown

Nick Briggs
Oct 27
9 min read

Updated: 1 day ago

Spokane real estate by neighborhood – price & DOM comparison

The 2025 housing market for Spokane remains balanced, with the median sold price standing at $430,000 and year‑over‑year appreciation of 1.7%. Over the past 15 years, values have grown by an eye‑opening 159% across the city, signalling long‑term strength even as short‑term growth slows. Homes are selling at a healthy pace, and buyer demand remains steady. As a Spokane real estate agent, I’m writing this local breakdown to help guide you through Spokane real estate by neighborhood.

Spokane Real Estate by Neighborhood in 2025

City‑wide, the market is neutral—neither buyers nor sellers hold a pronounced advantage. Inventory is reasonable, home values are stable, and long‑term equity gains are strong. If you're looking to buy or sell, focusing on hyper‑local neighborhood trends is essential. I can help you dive into your target area, ensuring you make an informed move. The following data is based on the most recent data available.

Bar chart of most expensive home prices by Spokane ZIP codes since 2004, showing 99036 as highest at $410,000, and 99207 as lowest at $129,000.

Neighborhood Breakdown: Takeaways

🗺️ North Spokane Neighborhoods

Each neighborhood below highlights the median sold price, inventory status, days on market (DOM), and key takeaways for buyers and sellers.

Audubon / Downriver

Median Sold Price:  $355 K, up 1.4% YoY
Inventory: 2.7 months.
Average price/sq ft: $180, down 7.2% YoY; yet 150% up since 2010.
Homes sell in ~25 days at 98% of list.
Buyer takeaway: Slight seasonal relief—great time to buy in this reliable area.
Seller takeaway: Inventory remains low; price correctly and you’ll sell fast.

Balboa / South Indian Trail

Median Sold Price: $470 K, up 8.3% YoY
Inventory: 3.9 months (neutral market).
Avg price/sq ft: $159 (down 3.6% YoY), up 152% since 2010
DOM: ~16 days at 98% of list.
Buyer takeaway: More options, less pressure.
Seller takeaway: Price right; homes still sell quickly.

Fairwood

Median Sold Price: $580 K (+3.7% YoY)
Inventory: 4.0 months (neutral).
Avg price/sq ft: $229 (+2.3% YoY)
DOM: ~28 days at 98% of list.
Buyer takeaway: Balanced market—good time to buy into north side suburban living.
Seller takeaway: Properly priced homes continue to sell quickly.

Five Mile Prairie

Median Sold Price: $622 K up 17.6% YoY
Inventory: 2.5 months (seller’s market).
Avg price/sq ft: $226 (‑2.2% YoY) but up 119% since 2010.
DOM: ~31 days at 97% of list.
Buyer takeaway: Limited supply—act quickly.
Seller takeaway: Excellent time to list given strong appreciation and low inventory.

Mead

Median Sold Price: $510 K (+6.3% YoY)
Inventory: 4.2 months (neutral).
Avg price/sq ft: $213 (+7.6% QoQ)
DOM ~28 days at 98% of list.
Buyer takeaway: More inventory = more choice.
Seller takeaway: Homes still sell close to ask when staged and priced right.

Nevada / Lidgerwood

Median Sold Price: $290 K (up 0.7% YoY)
Inventory: 2.8 months (seller’s market).
Avg price/sq ft: $176 (down 9.3% QoQ)
DOM ~21 days at 98% of list.
Buyer takeaway: Affordable, active market—good entry point.
Seller takeaway: Quick sales still possible—condition and presentation are key.

North Hill

Median Sold Price: $339 K (+3.4% YoY)
Inventory: 2.6 months.
Avg price/sq ft: $202 (+4.1% YoY)
DOM ~22 days at 98% of list.
Buyer takeaway: Good value close to downtown/Garland area.
Seller takeaway: Continued appreciation—good time to list.

North Indian Trail

Median Sold Price: $503 K (+8.4% YoY)
Inventory: 3.1 months (neutral).
Avg price/sq ft: $196 (‑2.5% YoY)
DOM ~38 days at 96% of list.
Buyer takeaway: More choice, quieter competition.
Seller takeaway: Strong area; realistic pricing will achieve best results.

Shiloh Hills

Median Sold Price: $390 K (down 3.1% YoY)
Inventory: 4.4 months (neutral).
Avg price/sq ft: $193 (+2.6% YoY)
DOM ~27 days at 97% of list.
Buyer takeaway: Inventory increasing—more opportunity.
Seller takeaway: Still good demand; standout homes sell quickly.

Wandermere

Median Sold Price: $599 K (+2.9% YoY)
Inventory: 3.3 months (strong but balanced).
Avg price/sq ft: $239 (+3.6% YoY)
DOM ~31 days at 97% of list.
Buyer takeaway: Premium area—good long‑term value.
Seller takeaway: Strong demand; pricing and presentation matter.

Whitworth / Country Homes

Median Sold Price: $440 K (+3.5% YoY)
Inventory: 4.2 months (neutral).
Avg price/sq ft: $195
DOM ~28 days at 97% of list.
Buyer takeaway: Mix of suburban setting and north side convenience.
Seller takeaway: Solid and consistent—good time to list.

🏞️ South Hill + Central Spokane

Cliff‑Cannon

Median Sold Price: $470 K (down 3.5% YoY)
Inventory: ~4 months (neutral).
Avg price/sq ft = $247
DOM ~30 days at 97% of list.
Buyer takeaway: Entry into historic character area at a relative discount.
Seller takeaway: Nice long‑term value—price correctly to achieve best outcome.

Comstock

Median Sold Price: $620 K (+4.5% YoY)
Inventory: ~3.5 months (neutral).
Avg price/sq ft = $248
DOM ~27 days at 99% of list.
Buyer takeaway: Scarce listings—good long‑term hold.
Seller takeaway: High demand continues; now is a strong window.

East Central

Median Sold Price: $345 K (‑0.9% YoY)
Inventory: 3.7 months.
Avg price/sq ft = $212
DOM ~26 days at 98% of list.
Buyer takeaway: Balanced and central—great for value.
Seller takeaway: Listing condition matters; still quick sales possible.

Lincoln Heights

Median Sold Price: $398 K (+2.4% YoY)
Inventory: 3.6 months (neutral).
Avg price/sq ft = $211
DOM ~24 days at 99% of list.
Buyer takeaway: Mild softening means good timing to buy.
Seller takeaway: Solid demand remains; proper pricing wins.

Manito / Cannon Hill

Median Sold Price: $622 K (+4.1% YoY)
Inventory: ~2.5 months (seller’s market).
Avg price/sq ft = $283
DOM ~20 days at 98% of list.
Buyer takeaway: Limited supply—move quickly on listings.
Seller takeaway: Very strong demand—prime opportunity.

Rockwood

Median Sold Price: $670 K (down 3.5% YoY)
Inventory: 4.1 months (neutral).
Avg price/sq ft = $284
DOM ~29 days at 98% of list.
Buyer takeaway: Luxury area—moderate buyer leverage appearing.
Seller takeaway: Premium neighborhood—value holds strongly.

🌆 Spokane Urban Core + Nearby

Browne’s Addition

Median Sold Price: $495 K (+2.1% YoY, ‑2.4% QoQ)
Inventory: 3.6 months (neutral).
Avg price/sq ft = $221
DOM ~31 days at 97% of list.
Buyer takeaway: Historic urban core—opportunities especially for condos.
Seller takeaway: Solid area but presentation and pricing matter.

Chief Garry Park

Median Sold Price: $325 K (+8.3% YoY)
Inventory: 3.4 months (neutral).
Avg price/sq ft = $212
DOM ~27 days at 98% of list.
Buyer takeaway: Emerging centrally‑located neighborhood—good value.
Seller takeaway: Demand continues—updated homes command interest.

Emerson / Garfield

Median Sold Price: $315 K (+1.6% YoY)
Inventory: 3.9 months (neutral).
Avg price/sq ft = $179
DOM ~23 days at 99% of list.
Buyer takeaway: Entry‑level and centrally placed.
Seller takeaway: Move‑in‑ready homes sell fast.

Logan

Median Sold Price: $309 K (‑2.2% YoY)
Inventory: 2.8 months (seller’s market).
Avg price/sq ft = $166
DOM ~24 days at 96% of list.
Buyer takeaway: Great value close to university and downtown.
Seller takeaway: Pricing and condition critical—comp still tight.

Riverside (Downtown)

Median Sold Price: $459 K (+25.8% YoY)
Inventory: 3.2 months (neutral).
Avg price/sq ft = $271
DOM ~27 days at 96% of list.
Buyer takeaway: Urban core with strong growth.
Seller takeaway: Recent gains strong—some softness possible ahead.

West Central

Median Sold Price: $370 K (‑17.3% YoY)
Inventory: 3.4 months (neutral).
Avg price/sq ft = $220
DOM ~28 days at 96% of list.
Buyer takeaway: Discounted area near downtown—value picks.
Seller takeaway: Presentation and pricing more important than ever.

🏘️ Spokane Valley Neighborhoods

Bella Vista

Median Sold Price: $783 K (‑5.1% YoY)
Inventory: 8.5 months (buyer’s market).
Avg price/sq ft = $224 (+14.9% YoY)
DOM ~32 days at 98% of list.
Buyer takeaway: Rare buyer’s market for a premium valley hillside area.
Seller takeaway: More competition—pricing and staging crucial.

Chester

Median Sold Price: $497 K (+3.3% YoY)
Inventory: 2.0 months (seller’s market).
Avg price/sq ft = $217 (‑4.8% YoY)
DOM ~33 days at 99% of list.
Buyer takeaway: Low inventory—be ready.
Seller takeaway: Continued strong demand—excellent time to list.

East Valley

Median Sold Price: $395 K (‑0.8% YoY)
Inventory: 2.7 months (seller’s market).
Avg price/sq ft = $191 (‑14% QoQ)
DOM ~20 days at 97% of list.
Buyer takeaway: Competitive but still some room.
Seller takeaway: Timing and price execution still work.

Greenacres

Median Sold Price: $560 K (+6.9% YoY)
Inventory: 4.8 months (neutral).
Avg price/sq ft = $234 (‑2.5% QoQ)
DOM ~39 days at 97% of list.
Buyer takeaway: More inventory = more selection.
Seller takeaway: Longer market times—better preparation needed.

Millwood

Median Sold Price: $370 K (‑3.4% YoY)
Inventory: 2.9 months (seller’s market).
Avg price/sq ft = $191 (‑9.5% YoY)
DOM ~10 days at 99% of list.
Buyer takeaway: Fast‑moving, affordable valley area—act quickly.
Seller takeaway: Excellent demand—now is time to list.

Northwood

Median Sold Price: $585 K (+8.7% YoY)
Inventory: 5.7 months (neutral).
Avg price/sq ft = $225 (+10.3% YoY)
DOM ~36 days at 95% of list.
Buyer takeaway: Larger lots, more space—balanced market.
Seller takeaway: Listing still good—but expect slightly longer market time.

Opportunity

Median Sold Price: $430 K (+0.5% YoY)
Inventory: 3.5 months (neutral).
Avg price/sq ft = $192 (‑5.9% YoY)
DOM ~32 days at 96% of list.
Buyer takeaway: Solid value; good window to buy.
Seller takeaway: Price realistically—market has cooled slightly.

Otis Orchards

Median Sold Price: $465 K (‑0.6% QoQ)
Inventory: 3.7 months (neutral).
Avg price/sq ft = $247 (‑2.4% YoY)
DOM ~34 days at 95% of list.
Buyer takeaway: More inventory—good time to explore.
Seller takeaway: Staging and strong condition are key.

Ponderosa

Median Sold Price: $615 K (+3.5% YoY)
Inventory: 4.3 months (neutral).
Avg price/sq ft = $228 (+2.4% YoY)
DOM ~31 days at 97% of list.
Buyer takeaway: Premium valley area—balanced conditions emerging.
Seller takeaway: Still strong demand; marketing counts.

University (Spokane Valley)

Median: $450 K (+3.1% YoY)
Inventory: 3.9 months (neutral).
Avg price/sq ft = $209 (+2.4% YoY)
DOM ~29 days at 98% of list.
Buyer takeaway: Central valley location—good value.
Seller takeaway: Balanced market—presentation still makes difference.

West Valley

Median Sold Price: $395 K (+12.9% YoY)
Inventory: 3.8 months (neutral).
Avg price/sq ft = $187 (flat YoY)
DOM ~25 days at 98% of list.
Buyer takeaway: Affordable with strong long‑term growth.
Seller takeaway: Good momentum—well‑priced homes move fast.

🌳 Rural + Scenic Areas

Greenbluff / Mt. Spokane

Median Sold Price: $1.18 M (+7.4% YoY);
Inventory: 7.4 months (buyer’s market).
Avg price/sq ft = $312 (+5% YoY)
DOM ~47 days at 96% of list.
Buyer takeaway: Unique rural‑luxury opportunity with more inventory than usual.
Seller takeaway: Softened market—price realistically and highlight lifestyle value.

Latah / Hangman

Median Sold Price: $540 K (+3.8% YoY)
Inventory: 5.5 months (neutral).
Avg price/sq ft = $249
DOM ~38 days at 96% of list.
Buyer takeaway: Balanced suburb with good value.
Seller takeaway: Steady demand—preparation and condition matter.

Liberty Lake

Median Sold Price: $465 K (‑19.8% YoY)
Inventory: 3.8 months (neutral).
Avg price/sq ft = $255 (‑7.3% YoY)
DOM ~46 days at 95% of list.
Buyer takeaway: Buyer leverage increasing in a high‑end suburb—good entry point.
Seller takeaway: Shifting market—price smart and prepare for longer marketing.

Newman Lake

Median Sold Price: $785 K (+12.1% YoY)
Inventory: 4.7 months (neutral).
Avg price/sq ft = $340 (+1.8% QoQ)
DOM ~30 days at 97% of list.
Buyer takeaway: High‑end lake‑front market—still strong value for lifestyle buyers.
Seller takeaway: Good demand—quality listings still move quickly.

🏡 Affordable Entry‑Level Areas

Bemiss

Median Sold Price: $278 K (+0.7% YoY)
Inventory: 3.8 months (neutral).
Avg price/sq ft = $187 (+9.4% QoQ)
DOM ~16 days at 99% of list.
Buyer takeaway: Strong entry‑level opportunity with quick turnover.
Seller takeaway: Demand remains—move fast when ready.

Hillyard

Median Sold Price: $290 K (+9.4% YoY)
Inventory: 2.2 months (seller’s market).
Avg price/sq ft = $190
DOM ~26 days at 98% of list.
Buyer takeaway: Among Spokane’s best affordable options with long‑term upside.
Seller takeaway: Low inventory and strong demand—good window.

Minnehaha

Median Sold Price: $304 K (‑7.9% YoY)
Inventory: 6.5 months (buyer’s market).
Avg price/sq ft = $203
DOM ~17 days at 97% of list.
Buyer takeaway: More selection and negotiation room—strong first‑time buy.
Seller takeaway: Market shifting—quality and price matter more now.

Shadle

Median Sold Price: $335 K (+1.8% YoY)
Inventory: 3.5 months (neutral).
Avg price/sq ft = $192
DOM ~22 days at 98% of list.
Buyer takeaway: Central, affordable, steady market.
Seller takeaway: Still good demand—condition is key.

Whitman

Median Sold Price: $310 K (+2.7% YoY)
Inventory: 4.5 months (neutral).
Avg price/sq ft = $188
DOM ~26 days at 98% of list.
Buyer takeaway: Affordable and consistent—strong value.
Seller takeaway: Balanced market—presentation and pricing win.

🧠 Tips for Buyers & Sellers Based on Spokane’s 2025 Trends

Understand your inventory level – Neighborhoods with under ~3 months of inventory lean seller’s market; over ~5 months lean buyer’s.
Pricing matters – Even in strong markets, homes priced too high can languish.
Condition & presentation count – Updated, clean homes sell faster and closer to list.
Use local expertise – With multiple neighborhoods, each has its own micro‑market. As your trusted Spokane real estate agent, I guide you through the nuances so you can buy or sell with confidence.
Plan ahead – Even though the city‑wide market is neutral, the best outcomes come from strategic timing and preparation.

💬 FAQs

How is Spokane real estate by neighborhood performing in 2025? Performance varies by neighborhood. Overall, the city is in a neutral market. Some areas remain seller‑favored (e.g., Five Mile Prairie, Manito / Cannon Hill) while others show buyer opportunities (e.g., Minnehaha, Liberty Lake). The key is examining local data before making a move.
What is the best Spokane neighborhood to buy a home in 2025? That depends on your budget, needs, and priorities. For first‑time buyers, affordable areas like Bemiss or Hillyard may be strong choices. For move‑up buyers, communities like Lincoln Heights or North Indian Trail offer balance. I can help you identify the best fit.
Where is Spokane’s real estate market most affordable right now? Entry‑level neighborhoods such as Hillyard (median ~$290K) and Beleiss (~$278K) show strong long‑term gains and good affordability. Inventory and days on market vary, so you’ll want to move quickly when something well‑priced appears.
How do I choose the right Spokane neighborhood to buy or sell in? Consider factors like inventory level, median price, days on market, long‑term growth, and your lifestyle needs. As your Spokane real estate agent, I provide neighborhood‑specific insights to match your unique goals and timing.

🧭 Conclusion: What This Means for You

The “Spokane real estate by neighborhood” landscape in 2025 is characterized by balance—city‑wide stability but neighborhood‑specific variation. Whether you're a buyer looking for value or a seller seeking optimal timing, the details at the neighborhood level matter most. As your dedicated Spokane real estate agent, I’m here to guide you through the nuances of each area, support your goals, and help you execute with confidence. Let’s connect and make your move the right one.

📌 House Valuation Process in Spokane: Appraisers, Assessments & Methods

📌 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.

Contact Me