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Spokane, WA Real Estate

Spokane anchors one of Washington's largest metro areas with a population of about 229,228. The median home value is near $326,200, and median rent runs around $1,141/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$326,200
Median Rent
$1,141/mo
Population
229,228
Median Income
$65,745
Median Age
37.2
Homeownership
58.3%

Monthly payment on a median Spokane home

Example for a $326,200 home: 20% down, 30-yr at ~6.75%, WA property tax ~0.84%, 0.4% insurance.

Est. monthly (PITI)
$2,030
Principal & interest
$1,693
Property tax / mo
$228
Down payment (20%)
$65,240

Spokane at a glance

  • 20.5% of residents 25+ hold a bachelor's degree or higher.
  • 58.3% of occupied homes are owner-occupied.
  • Median household income is $65,745.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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