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Spokane Market Report – September 2026

Page 1

September 2026


Average Sales Price

Current Listing Inventory

Median Days On Market

$451,341

1,620

23

Down 2.0% from prior month Up 1.2% from prior year

Up 0.4% from prior month Up 1.3% from prior year

Up 15.0% from prior month Up 21.1% from prior year

Median Sales Price

Residential Closed Sales

Annual Residential Closed Sales

$419,995

536

4,483

Up 0.8% from prior month Up 1.2% from prior year

Up 6.3% from prior month Up 7.4% from prior year

Up 5.6% from prior year

Information pulled on 10/9/2026 The information in this report is compiled from a report given by the Spokane Association of REALTORS® and to the best of our knowledge is accurate and current.

Median Days On Market As of 10/9/2026. By month dating from September 2022 to September 2026. Days on Market is the median number of days between when a property is listed and the contract date.

34 27 23

21

15 14

20

04

01

20 26 -

10

14

23

16 11 12

07

24

20 26 -

12

07

9

04

12

20 25 -

16

15

21 21

20 26 -

19

20 25 -

04

12

20 24 -

01

10

20 24 -

9

20

01

10

10

14

19 20

20 25 -

17 17 6

07

01

14 15

7 6 7 8

20 23 -

10

20 23 -

07

20 22 -

04

20 22 -

20 22 -

20 22 -

01

6 4 4 4 4 5

12

20 23 -

9

04

10

20

07

17 16

20 23 -

14

20 20

20 24 -

23

22

30

28

20 25 -

31

20 24 -

40 35 30 25 20 15 10 5 0

Annual Median Sales Price Year-to-date as of September. Median Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. $450K $426

$425

$421

2025

2026

$415

$425K $400K $370

$375K $350K $325K 2021

2 2

2022

Spokane Spokane County County Market Market Report Report | September | September 20222026

2023

2024


Months Supply of Inventory As of 10/9/2026. By month dating from September 2022 to September 2026. Months Supply of Inventory is the number of months it would take to sell the available inventory at the current rate.

3

07

01

3.23.2 2.72.6 2.42.4

20 26 -

10

20 26 -

07

20 25 -

04

20 25 -

01

3

04

3

2.8 2.5 2.3

20 25 -

10

20 25 -

07

20 24 -

04

20 24 -

01

20 24 -

10

20 24 -

07

20 23 -

04

20 23 -

01

20 23 -

10

20 23 -

07

20 22 -

04

20 20 -

01

20 22 -

20 22 -

4.3

20 26 -

4.24.2 4.5 3.8 3.7

4.5 4 3.3 3.5 3 2.9 3 2.9 2.9 2.9 2.7 2.62.6 3 2.3 2.3 2.2 2.2 2.12.1 2.3 2 2.1 2.2 2.5 2 2 1.8 1.71.61.8 1.7 1.7 1.7 2 1.5 1.3 1.1 1.5 0.8 0.7 0.6 1 0.5 0.5 0.5 0

Sale-to-List Price Ratio As of 10/9/2026. By month dating from September 2022 to September 2026. Sale-to-List Price Ratio is the average of sales price divided by the final list price expressed as a percentage.

100.3% 101.2% 99.0%

99.8%

99.4% 99.0% 99.3%

07

04

20 26 -

01

98.4%

20 26 -

07

98.8%

20 25 -

04

20 25 -

20 25 -

01

20 25 -

10

20 24 -

07

20 24 -

20 24 -

04

98.6%

10

99.3%

20 26 -

99.5%

98.7%

20 24 -

20 23 -

07

20 23 -

04

20 23 -

01

20 23 -

10

20 22 -

10

99.1%

98.7%

07

100.0%

99.8%

01

99.8%

99.4%

20 22 -

04

20 22 -

20 22 -

01

106.0% 105.0% 105.0% 104.0% 103.0% 102.0% 101.4% 101.0% 100.0% 99.0% 98.0%

Monthly Mortgage Rates Monthly 30-year fixed mortgage rates highlighting the week ending Thursday, October 8, 2026. 7.25% 7.00% 6.69%

6.75% 6.50%

6.48%

6.46% 6.30% 6.17%

6.25%

6.23%

6.76%

6.49%

6.30% 6.15%

6.10%

6.00%

6.00% 5.75% Sep '25

Oct '25

Nov '25

De c '25

Jan '26

Feb '26

Mar '26

Apr '26

May '26 June '26 July '26

Aug '26

Sep '26

Spokane County Market Report | September 2026

3


Active Residential Listings As of 10/9/2026. By month dating from September 2022 to September 2026. Active Inventory is the number of properties for sales at the end of the month, based on the contract date. 2400 2100 1800 1500 1200 900 600 224 300 0

1997

1580

07

04

20 26 -

01

20 26 -

10

20 26 -

07

20 25 -

04

20 25 -

01

20 25 -

10

20 25 -

07

20 24 -

1238

1133

934

04

01

20 24 -

10

20 24 -

04

07

20 23 -

01

10

20 23 -

07

20 22 -

04

20 22 -

1369

851

703

20 23 -

658

20 23 -

566

412

01

1096

1,014

1365

1281

20 24 -

1048

1008

20 22 -

20 22 -

1697 1620

1886

Active Listings By Price Range As of 10/9/2026. 400 350 300 250 200 150 100 50 0

2025

294

369 345

2026

285283

199

244 225228 211

229 243 199 187

173 148

142 86 90

$800K-$1M 7%

0-$150K 4%

$1M+ 8%

$150-200K 3%

200K-$250K 3% $250K-300K 8%

$600K-$800K 14%

192

$300K-$350K 10%

70 69 71 30

$1 M

+

0$1 50 K $1 50 -2 00 20 K 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$4 50 $4 K 50 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M

$500K-$600K 12% $450K-$500K 10%

$400K-$450K 9%

$350K-$400K 12%

New Residential Listings As of 10/9/2026. By month dating from September 2022 to September 2026. New Listings is the number of properties listed regardless of current status. 1400

824

805

776

933

799 945 846

07

631

830

01

643

867

10

798

01

748

658

998

10

800

01

861

10

1000

911

07

1001

04

1123

1200

517

600 483 400

4

Spokane County Market Report | September 2026

20 26 -

20 26 -

20 26 -

07

20 25 -

04

20 25 -

20 25 -

20 25 -

20 24 -

04

20 24 -

20 24 -

20 24 -

20 23 -

07

04

20 23 -

01

20 23 -

10

20 23 -

07

20 22 -

04

20 22 -

20 22 -

20 22 -

01

200


Residential Closed Sales As of 10/9/2026. By month dating from September 2022 to September 2026. Closed Sales is the number of properties sold. 800 700

607

491 541 536

604

600 456

500 432

444 377

400

486

513

449

429

402

299

250

300

524

478

525

245

01 20 23 20 04 23 -0 7 20 23 -1 0 20 24 -0 1 20 24 -0 4 20 24 -0 7 20 24 -1 0 20 25 -0 1 20 25 -0 4 20 25 -0 7 20 25 -1 0 20 26 -0 1 20 26 -0 4 20 26 -0 7

10

20 23 -

07

20 22 -

04

20 22 -

20 22 -

20 22 -

01

200

Sold Listings By Price Range Year-over-year comparison for the month of September. 120

2025

104

2026

$400K-$450K 15%

102 90

100 80 54 52 55

60 40 20

17 17

10 14

23

61

71

70

58

67 71

76

29

$450K-$500K 10%

$350K-$400K 16%

68

23 26

$500K-$600K 12%

15 18

$600K-$800K 14%

$300K-$350K 9% +

$250K-300K 8% 200K-$250K

$1 M

0$1 50 K $1 50 -2 00 20 K 0K -$ 25 0K $2 50 K30 0K $3 00 K$3 50 $3 K 50 K$4 00 $4 K 00 K$4 50 $4 K 50 K$5 00 $5 K 00 K$6 00 $6 K 00 K$8 00 K $8 00 K$1 M

0

$150-200K 2%

4%

0-$150K 3%

$800K-$1M 4%

Annual Residential Closed Sales Year-to-date as of September. Closed Sales is the number of properties sold. 6100 5600

5762 5480 4967

5100

4483

4600 4094

4247

4100 3600 2021

2022

2023

2024

2025

2026

Spokane County Market Report | September 2026

5


Annual Residential Closed Sales Year-to-date Re-Sale vs New Construction as of September. Closed Sales is the number of properties sold. 6750 6000 5250 4500 3750 3000 2250 1500 750 0

New

Re-Sa le

5080

4841

4408

3498

3556

3768

639

682

559

596

713

735

2021

2022

2023

2024

2025

2026

Annual Median Sales Price Year-to-date Re-Sale vs New Construction as of September. Sales Price is the mid-point (median) value where the price for half of the closed sales is higher and half is lower. Re-Sa le

$500K

$497

New

$470

$465

$455

$450

$436

$450K

$412

$415

$405

$400

$412

$400K $360 $350K $300K 2021

2022

2023

2024

2025

2026

Median Price Per Square Foot As of 10/9/2026. Monthly Re-Sale vs New Construction comparison. Price per Square Foot is the mid-point (median) PPSF of all closed listings. $300

Re-Sa le

New

$249

$250

$275

$253

$250 $225

$214

$205

$263 $246

$203

$200

Nov '25

De c '25

$200

$253

$191

$193

Jan '26

Feb '26

$253

$252

$257

$206

$210

$208

Mar '26

Apr '26

May '26

$261

$202

$262

$204

$260

$255

$209

$209

Aug '26

Sep '26

$175 $150 Sep '25

6

Oct '25

Spokane County Market Report | September 2026

June '26 July '26


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