Spokane Valley Real Estate

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Spokane Valley, Washington
Average Home Sizes and Asking Prices

Updated On: October 31, 2014
Zipcode Single Family Home Townhome or Condo
4 BR 3 BR #Lst 3 BR 2 BR #Lst
99016 3,200 sf $351,000 1,700 sf $223,000 125
99027 3,500 sf $390,000 2,000 sf $261,000 23
99037 2,700 sf $239,000 2,000 sf $176,000 95
99206 2,500 sf $237,000 1,800 sf $184,000 176 1,100 sf $105,000 7
99212 2,000 sf $199,000 1,900 sf $151,000 122 900 sf $86,000 4
Updated on:   October 31, 2014


99016 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  78   $214k
 1 Year Ago  77   $215k
 6 Months Ago   50   $244k
 1 Month Ago  50   $253k
 Today  50   $253k
*Averaged for 3 bedroom active listings



99027 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  90   $218k
 1 Year Ago  89   $219k
 6 Months Ago   59   $252k
 1 Month Ago  62   $254k
 Today  62   $254k
*Averaged for 3 bedroom active listings



99037 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  120   $222k
 1 Year Ago  119   $223k
 6 Months Ago   83   $242k
 1 Month Ago  83   $249k
 Today  83   $249k
*Averaged for 3 bedroom active listings



99206 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  220   $210k
 1 Year Ago  219   $210k
 6 Months Ago   151   $222k
 1 Month Ago  151   $227k
 Today  151   $227k
*Averaged for 3 bedroom active listings



99212 - 3 Bedroom Homes
# of Listings and Avg Price*
 2 Years Ago  285   $209k
 1 Year Ago  284   $209k
 6 Months Ago   186   $214k
 1 Month Ago  190   $218k
 Today  190   $218k
*Averaged for 3 bedroom active listings



Change and Trend of Asking Price in 99016 Check Also 


Sold Price History in 99016
99016 sold real estate price trend
Neighborhood Information Mortgage Info Area Map

Spokane Valley Real Estate & Homes for Sale in Washington

Spokane Valley is located in Eastern Washington and within minutes of the metropolitan city of Spokane, as well as the Washington-Idaho border. Home to more than 83,000 residents, it is already recognized as the seventh largest city in the state. The city’s growth rate is matched by the development of residential communities, retail stores and shops, commercial and entertainment centers and business complexes, housing everything from medical facilities to corporate office space. The neighborhoods’ diverse layouts provide homeowners with an ample selection, ranging from Victorian to contemporary styles. Real estate options consist of single-family homes, townhouses and condominiums, some historic properties and land for custom building. Bounded by the Rocky Mountain foothills, the Selkirk Mountains and the Spokane River, the valley provides residents with a dramatic and picturesque landscape in which to live, work and play. Temperatures here are mild year round with seasonal winter month lows in the 20s and summer highs in the 80s. Unlike many Washington metropolitan areas such as Seattle, Spokane Valley and its neighboring cities are sheltered to the west by the Cascade Mountains, which effectively shield the region from the Pacific Ocean air. Similarly, Idaho’s mountains to the east serve to prevent the worst of arctic conditions from sweeping in during the winter. Spokane Valley has many beautiful parks for locals to enjoy, as well as an open invitation from Mother Nature to embrace a variety of outdoor recreational activities.

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Price Range of Spokane Valley Houses

The Spokane Valley real estate and housing market features a variety of homes for sale ranging from the newly constructed to those built as far back as the 1920s. Many properties feature multi-acre lots with spacious backyards, roomy interiors, high or vaulted ceilings, basements, attached garages and stunning views of the forested foothills. The indigenous plant and tree life also makes for some unique landscaping with many home lots having mature apple, spruce, maple and cherry trees. Homes in Spokane Valley are priced from the low $200,000s. Larger homes in exclusive parts of the city, or homes that offer unique amenities or stunning views of the valley below are priced from $700,000 to $2 million and more. There is a small selection of townhouses and condominiums within city limits. However, most residential properties in Spokane Valley are single-family homes. Some historic properties are also available as are plots of land for custom building and development.

Spokane Valley Real Estate Stats and Trends for the week of October 27th, 2014: homes priced around $222,850 compared to $306,913 the previous week, showing a decrease of less than -38%.  For Friday, October 31st, the current national mortgage rate for a 30 year fixed mortgage is 3.96%; the 15 year fixed rate is at 3.08%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.25%, while the 15 year jumbo rate currently is at 4.01%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Spokane Valley WA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Spokane Valley to help you find the best home!

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