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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: â–²248145 USD (+0.171%)

Current Price
â–²248145 USD
1-Year Forecast *
â–²253749 USD
5-Year Forecast *
â–²274432 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 Walletinvestor.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 248145 USD on 2024-07-08. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Spokane" area is 274432 USD by 2029-07-31. For a 5-year investment the profit is expected to be around +10.59% meaning that investing 100000 USD today may yield a profit of 110590 USD by 2029.
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Current Median Listing Price: 248145 USD
Median Listing Price Per Square Foot: 138 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
Walletinvestor.com

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
Walletinvestor.com

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
Walletinvestor.com

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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 248145 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 138 USD.

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

Yes. The Spokane home prices may rise from 248145 USD to 253749 USD in one year.

Is it profitable to invest in Spokane homes?

Yes. The long-term profit potential is +2.26% 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 274432 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 121.400% to 248145 USD, between 2023-06-30 and 2024-06-30

The average annual profit of property investment was:

  • 9.902% in 2019
  • -7.736% in 2020
  • -0.3039% in 2021
  • 5.134% 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 17.002% 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="https://walletinvestor.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 2024August 2024Open: 248968Min: 223182Max: 275746
Spokane Housing Market Forecast with Real Estate Prices for 2024September 2024Open: 249155Min: 224122Max: 273831
Spokane Housing Market Forecast with Real Estate Prices for 2024October 2024Open: 249635Min: 222048Max: 275212
Spokane Housing Market Forecast with Real Estate Prices for 2024November 2024Open: 250163Min: 223073Max: 275921
Spokane Housing Market Forecast with Real Estate Prices for 2024December 2024Open: 250667Min: 223266Max: 277811
Spokane Housing Market Forecast with Real Estate Prices for 2025January 2025Open: 251168Min: 226030Max: 276497
Spokane Housing Market Forecast with Real Estate Prices for 2025February 2025Open: 251775Min: 225255Max: 278329
Spokane Housing Market Forecast with Real Estate Prices for 2025March 2025Open: 251648Min: 223096Max: 277717
Spokane Housing Market Forecast with Real Estate Prices for 2025April 2025Open: 252511Min: 226675Max: 279089
Spokane Housing Market Forecast with Real Estate Prices for 2025May 2025Open: 252849Min: 227905Max: 276447
Spokane Housing Market Forecast with Real Estate Prices for 2025June 2025Open: 253311Min: 226729Max: 278359
Spokane Housing Market Forecast with Real Estate Prices for 2025July 2025Open: 253749Min: 227717Max: 277051
Spokane Housing Market Forecast with Real Estate Prices for 2025August 2025Open: 254144Min: 229030Max: 280395
Spokane Housing Market Forecast with Real Estate Prices for 2025September 2025Open: 254308Min: 228223Max: 279962
Spokane Housing Market Forecast with Real Estate Prices for 2025October 2025Open: 254801Min: 229340Max: 280564
Spokane Housing Market Forecast with Real Estate Prices for 2025November 2025Open: 255319Min: 231348Max: 282960
Spokane Housing Market Forecast with Real Estate Prices for 2025December 2025Open: 255844Min: 228646Max: 283625
Spokane Housing Market Forecast with Real Estate Prices for 2026January 2026Open: 256373Min: 232306Max: 280402
Spokane Housing Market Forecast with Real Estate Prices for 2026February 2026Open: 256903Min: 231449Max: 281218
Spokane Housing Market Forecast with Real Estate Prices for 2026March 2026Open: 256814Min: 231315Max: 282184
Spokane Housing Market Forecast with Real Estate Prices for 2026April 2026Open: 257676Min: 230306Max: 282857
Spokane Housing Market Forecast with Real Estate Prices for 2026May 2026Open: 258030Min: 232098Max: 283138
Spokane Housing Market Forecast with Real Estate Prices for 2026June 2026Open: 258476Min: 233371Max: 285069
Spokane Housing Market Forecast with Real Estate Prices for 2026July 2026Open: 258920Min: 231888Max: 283454
Spokane Housing Market Forecast with Real Estate Prices for 2026August 2026Open: 259319Min: 231818Max: 284501
Spokane Housing Market Forecast with Real Estate Prices for 2026September 2026Open: 259461Min: 233947Max: 286382
Spokane Housing Market Forecast with Real Estate Prices for 2026October 2026Open: 259967Min: 234813Max: 285864
Spokane Housing Market Forecast with Real Estate Prices for 2026November 2026Open: 260476Min: 234718Max: 285733
Spokane Housing Market Forecast with Real Estate Prices for 2026December 2026Open: 261020Min: 235411Max: 288334
Spokane Housing Market Forecast with Real Estate Prices for 2027January 2027Open: 261577Min: 233872Max: 287469
Spokane Housing Market Forecast with Real Estate Prices for 2027February 2027Open: 262031Min: 235840Max: 289451
Spokane Housing Market Forecast with Real Estate Prices for 2027March 2027Open: 261981Min: 234474Max: 288617
Spokane Housing Market Forecast with Real Estate Prices for 2027April 2027Open: 262842Min: 237503Max: 289444
Spokane Housing Market Forecast with Real Estate Prices for 2027May 2027Open: 263211Min: 235425Max: 289000
Spokane Housing Market Forecast with Real Estate Prices for 2027June 2027Open: 263641Min: 236844Max: 288016
Spokane Housing Market Forecast with Real Estate Prices for 2027July 2027Open: 264091Min: 237226Max: 290086
Spokane Housing Market Forecast with Real Estate Prices for 2027August 2027Open: 264494Min: 238417Max: 291591
Spokane Housing Market Forecast with Real Estate Prices for 2027September 2027Open: 264613Min: 240247Max: 289778
Spokane Housing Market Forecast with Real Estate Prices for 2027October 2027Open: 265133Min: 239798Max: 289649
Spokane Housing Market Forecast with Real Estate Prices for 2027November 2027Open: 265633Min: 237351Max: 291084
Spokane Housing Market Forecast with Real Estate Prices for 2027December 2027Open: 266198Min: 240486Max: 291360
Spokane Housing Market Forecast with Real Estate Prices for 2028January 2028Open: 266780Min: 239183Max: 292993
Spokane Housing Market Forecast with Real Estate Prices for 2028February 2028Open: 267329Min: 240202Max: 292825
Spokane Housing Market Forecast with Real Estate Prices for 2028March 2028Open: 267165Min: 241352Max: 294277
Spokane Housing Market Forecast with Real Estate Prices for 2028April 2028Open: 268029Min: 242188Max: 293338
Spokane Housing Market Forecast with Real Estate Prices for 2028May 2028Open: 268352Min: 242704Max: 294195
Spokane Housing Market Forecast with Real Estate Prices for 2028June 2028Open: 268829Min: 244048Max: 295124
Spokane Housing Market Forecast with Real Estate Prices for 2028July 2028Open: 269261Min: 243908Max: 295095
Spokane Housing Market Forecast with Real Estate Prices for 2028August 2028Open: 269651Min: 244129Max: 296909
Spokane Housing Market Forecast with Real Estate Prices for 2028September 2028Open: 269838Min: 243657Max: 296517
Spokane Housing Market Forecast with Real Estate Prices for 2028October 2028Open: 270319Min: 244198Max: 296561
Spokane Housing Market Forecast with Real Estate Prices for 2028November 2028Open: 270846Min: 246159Max: 294779
Spokane Housing Market Forecast with Real Estate Prices for 2028December 2028Open: 271351Min: 244578Max: 297172
Spokane Housing Market Forecast with Real Estate Prices for 2029January 2029Open: 271851Min: 245897Max: 296998
Spokane Housing Market Forecast with Real Estate Prices for 2029February 2029Open: 272458Min: 247982Max: 296344
Spokane Housing Market Forecast with Real Estate Prices for 2029March 2029Open: 272331Min: 246240Max: 297889
Spokane Housing Market Forecast with Real Estate Prices for 2029April 2029Open: 273194Min: 247811Max: 296930
Spokane Housing Market Forecast with Real Estate Prices for 2029May 2029Open: 273533Min: 247733Max: 301042
Spokane Housing Market Forecast with Real Estate Prices for 2029June 2029Open: 273994Min: 246932Max: 300474
Spokane Housing Market Forecast with Real Estate Prices for 2029July 2029Open: 274432Min: 250818Max: 298556
Spokane Housing Market Forecast with Real Estate Prices for 2029August 2029Open: 274827Min: 249668Max: 301493
Spokane Housing Market Forecast with Real Estate Prices for 2029September 2029Open: 274991Min: 250088Max: 301348
Spokane Housing Market Forecast with Real Estate Prices for 2029October 2029Open: 275484Min: 246894Max: 301716
Spokane Housing Market Forecast with Real Estate Prices for 2029November 2029Open: 276002Min: 251652Max: 301843
Spokane Housing Market Forecast with Real Estate Prices for 2029December 2029Open: 276527Min: 250747Max: 302255
Spokane Housing Market Forecast with Real Estate Prices for 2030January 2030Open: 277056Min: 253015Max: 302954
Spokane Housing Market Forecast with Real Estate Prices for 2030February 2030Open: 277586Min: 251311Max: 302220
Spokane Housing Market Forecast with Real Estate Prices for 2030March 2030Open: 277497Min: 251435Max: 303802
Spokane Housing Market Forecast with Real Estate Prices for 2030April 2030Open: 278360Min: 251883Max: 302415
Spokane Housing Market Forecast with Real Estate Prices for 2030May 2030Open: 278713Min: 253191Max: 304750
Spokane Housing Market Forecast with Real Estate Prices for 2030June 2030Open: 279159Min: 252916Max: 304911
Spokane Housing Market Forecast with Real Estate Prices for 2030July 2030Open: 279603Min: 255963Max: 305982
Spokane Housing Market Forecast with Real Estate Prices for 2030August 2030Open: 280002Min: 255316Max: 306969
Spokane Housing Market Forecast with Real Estate Prices for 2030September 2030Open: 280144Min: 254688Max: 304286
Spokane Housing Market Forecast with Real Estate Prices for 2030October 2030Open: 280650Min: 253687Max: 308520
Spokane Housing Market Forecast with Real Estate Prices for 2030November 2030Open: 281159Min: 256479Max: 308874
Spokane Housing Market Forecast with Real Estate Prices for 2030December 2030Open: 281704Min: 254825Max: 306763
Spokane Housing Market Forecast with Real Estate Prices for 2031January 2031Open: 282260Min: 255015Max: 306936
Spokane Housing Market Forecast with Real Estate Prices for 2031February 2031Open: 282714Min: 253294Max: 307744
Spokane Housing Market Forecast with Real Estate Prices for 2031March 2031Open: 282665Min: 256131Max: 309151
Spokane Housing Market Forecast with Real Estate Prices for 2031April 2031Open: 283525Min: 257680Max: 308528
Spokane Housing Market Forecast with Real Estate Prices for 2031May 2031Open: 283894Min: 258400Max: 308109
Spokane Housing Market Forecast with Real Estate Prices for 2031June 2031Open: 284324Min: 257477Max: 311260
Spokane Housing Market Forecast with Real Estate Prices for 2031July 2031Open: 284774Min: 258952Max: 309730
Spokane Housing Market Forecast with Real Estate Prices for 2031August 2031Open: 285177Min: 259050Max: 311105
Spokane Housing Market Forecast with Real Estate Prices for 2031September 2031Open: 285296Min: 260415Max: 309149
Spokane Housing Market Forecast with Real Estate Prices for 2031October 2031Open: 285816Min: 261110Max: 312383
Spokane Housing Market Forecast with Real Estate Prices for 2031November 2031Open: 286316Min: 260804Max: 313417
Spokane Housing Market Forecast with Real Estate Prices for 2031December 2031Open: 286881Min: 259783Max: 313800
Spokane Housing Market Forecast with Real Estate Prices for 2032January 2032Open: 287464Min: 261558Max: 313687
Spokane Housing Market Forecast with Real Estate Prices for 2032February 2032Open: 288013Min: 261978Max: 313627
Spokane Housing Market Forecast with Real Estate Prices for 2032March 2032Open: 287848Min: 261059Max: 313400
Spokane Housing Market Forecast with Real Estate Prices for 2032April 2032Open: 288712Min: 262809Max: 315062
Spokane Housing Market Forecast with Real Estate Prices for 2032May 2032Open: 289035Min: 263393Max: 312304
Spokane Housing Market Forecast with Real Estate Prices for 2032June 2032Open: 289512Min: 263380Max: 315728
Spokane Housing Market Forecast with Real Estate Prices for 2032July 2032Open: 289944Min: 263881Max: 315082
Spokane Housing Market Forecast with Real Estate Prices for 2032August 2032Open: 290335Min: 264278Max: 315438
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.