58 census tracts

Spokane.Washington housing market

This Spokane housing market report covers about 96,500 homes across 58 census tracts. The property tax rate PriceDNA uses for rental analysis is 0.85%, lower than in 121 of the 139 markets PriceDNA tracks. For August 2026, the average listing price is $549,184 across 1,370 active listings (Realtor.com Economic Research, Monthly Housing Inventory).

The Monroe Street Bridge over Spokane Falls with downtown Spokane, Washington behind it
The Monroe Street Bridge over Spokane Falls, with downtown behind. Myk Crawford/Adobe Stock
Average listing price
$549,184
1,370 active listings · Realtor.com Economic Research, Monthly Housing Inventory · August 2026
Population growth
+0.1%
a year, 2020 to 2025 · Census population estimates
Approximate homes
96,500
across 58 assigned tracts
Vacant homes
5.3%
of all homes
Renter-occupied
40%
of occupied homes

Spokane housing market context

These are city-level figures. To see how one property measures up against your goal, run a specific address.

01.

Location score distribution

How location scores vary across 58 census tracts in Spokane.

median 80.7 71 87

Half of Spokane's tracts score between 78 and 84. The full range spans 71 to 87, with a median of 80.7.

Distribution of tract scores
Median (80.7)
Mean (80.2)

What the location score shows

PriceDNA Location Score™ is a 0 to 100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.

The middle half of Spokane's tracts is 6.0 points wide on the score, narrower than in 83 of the 139 markets PriceDNA tracks.

To see the location score for your specific property, analyze a property

02.

Housing composition

Key housing statistics for approximately 96,500 homes in Spokane, including occupancy, tenure, and structure type.

Tenure of occupied homes: owner 60%, renter 40%.
Tenure of occupied homes Owner 60% · Renter 40%
Housing occupancy: occupied 94.7%, vacant 5.3%.
Occupancy Occupied 94.7% · Vacant 5.3%

Of about 96,500 homes, 5.3% are vacant. Among occupied homes, 40% are renter-occupied, providing context on the size of the local rental base.

By structure type, about 68% of Spokane’s housing units are in single-family structures, 7% in small multifamily buildings (2 to 4 units), and 23% in larger multifamily buildings (5+ units). Percentages are rounded; small residual structure categories are not shown.

03.

How Spokane compares

Spokane's median is above the Washington median on 4 of these 8 measures and above the U.S. median on 4. The city range shows the lower quarter, median and upper quarter of its census tracts.

How Spokane compares with Washington and United States medians
Metric Spokane lower · median · upper Spokane Washington WA United States US
Census ACS B19013 · 2020 to 2024
$57,209 $66,670 $87,142 $94,910 $77,171
Census ACS B15003 · 2020 to 2024
34% 43% 57% 45% 41%
Census ACS B01001 · 2020 to 2024
33% 38% 42% 34% 32%
FHFA HPI · 2025
4.0% 4.3% 4.3% 4.5% 5.2%
HUD SAFMR · 2018 to 2027 + Census ACS B25064 · 2014 to 2024
4.4% 4.8% 5.6% 3.6% 3.8%
Census ACS B25103 · 2020 to 2024 + Lincoln Institute
0.85% every tract 0.85% 1.65%
Census ACS B25141 · 2020 to 2024 + U.S. Treasury FIO
0.32% 0.32% 0.35% 0.25% 0.56%
Census ACS B25064 + B19013 · 2020 to 2024
28.4% 31.5% 34.3% 30.6% 30.8%
04.

About this data

PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.

Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.

The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.

These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.

05.

Nearby markets

Market pages for other cities within 300 miles.

You've seen Spokane. Now analyze a specific address.

PriceDNA's goal-convergent valuation shows the purchase price that supports your investing goal, not just the market average.