November in Spokane brings the first big holiday weekends, with free kickoff events on November 21 and tree lightings on November 27 and 28. Spokane REALTORS reported 550 closed sales for September, up 10.2% from a year earlier, and Freddie Mac's 30 year mortgage rate averaged 7.24% on October 29.
Welcome to our monthly Spokane update. Below you will find what is happening around town, a look at the local market, our homeownership tip of the month, and practical advice if you are thinking about buying or selling this season. Everything here comes from a named source we opened, and where a detail could not be confirmed, we say so instead of guessing.
🎄 What Is Happening Around Spokane This November?
The holiday season starts the weekend of November 20 to 22, with tree lightings following on November 27 and 28. Here is a quick overview. We will cover these events in more detail in our upcoming weekend blogs.
- November 20: Straight No Chaser at The Fox Theater
- November 20 to 22: Custer's Christmas Arts & Craft Show in Spokane Valley
- November 21: Merry & Magical Kickoff, Santa's Arrival, Kids Holiday Hunt, and Nutcracker Magical Christmas Ballet
- November 21 to January 3: Winter Wonderland in Liberty Lake
- November 26 to January 3: Hearth & Holly lights in Liberty Lake
- November 28: Numerica Tree Lighting Celebration at Riverfront Park
🗒️ Events to Keep in Mind
These events appear on Visit Spokane's listings, but the pages did not give complete or consistent details, so please confirm dates and times with each organizer.
- Davenport Tree Lighting Ceremony
- Winter Glow Spectacular at Kendall Yards
- Kendall Yards Night Market Winter Festival
- Spokane Farmers Market on Saturdays
- Holiday shows at the Bing Crosby Theater, The Box Car Room, Mode Campus, and the Myrtle Woldson Performing Arts Center
- Small Business Saturday events on November 28
📊 What Is Happening in the Spokane Housing Market?
The Spokane Association of REALTORS reports 550 closed sales in September 2026, up 10.2% from September 2025, with a median closed price of $419,999 and 1,664 homes in inventory. Here are the latest numbers, all compared with September 2025:
Spokane REALTORS, September 2026 | Figure | Change shown |
|---|---|---|
Closed sales | 550 (499 a year earlier) | Up 10.2% |
Median closed price | $419,999 ($415,000 a year earlier) | Up 1.2% |
Home inventory (end of September) | 1,664 units, a 3 month supply (1,599 units, a 3.2 month supply, a year earlier) | Up 4.1% |
New listings | 846 (860 a year earlier) | Down 1.6% |
Freddie Mac 30 year fixed rate | Weekly average |
|---|---|
October 29, 2026 | 7.24% |
October 22, 2026 | 7.32% |
One year earlier | 6.17% |
What this means in plain terms: Compared with a year ago, more homes closed, the median price rose slightly, and more homes were available, while new listings dipped a little. Borrowing costs are also higher than they were a year ago. A higher rate raises the monthly payment on the same loan amount, which is why we suggest buyers get real quotes before setting a budget.
Source note: The Spokane Association of REALTORS report covers single family residential and site built properties on less than one acre, plus condominiums, using SAR MLS data. The report notes that the median price does not represent home values.
🔧 What Is Our Homeownership Tip of the Month?
Protect your pipes before freezing weather arrives. The City of Spokane recommends these steps:
- Find your shut off valves. Identify your home's water shut off valves and the areas they control.
- Insulate exposed pipes. Pipes in unheated areas or along exterior walls can be insulated, and heat tape or heating cables add protection.
- Prepare outdoor fixtures. Drain and disconnect hoses from outdoor faucets, and drain underground irrigation systems.
- Keep the heat on. Keep the home above 55°F, even when you are away, and close and seal vents, garage doors, and crawl spaces near plumbing in unheated areas.
- Plan for travel. Ask a neighbor to check on your home if you will be gone.
If a pipe does freeze, the City says to act quickly, turn off the water or confirm the shut off valve works before thawing, and thaw slowly with low heat such as a hair dryer or a heating pad on low. Do not use an open flame.
🏡 What Should Buyers and Sellers Know This November?
Buyers have more homes to choose from than a year ago but face higher rates, and sellers are working with more sales but also more competing inventory. Here is how we read the numbers above.
If you're looking to BUY: According to the September report, inventory was up 4.1% from a year earlier, to 1,664 homes, so you have more options to choose from than you did last fall. Rates are higher, though. Freddie Mac's 30 year average was 7.24% on October 29, compared with 6.17% a year earlier, so the monthly payment on the same loan is larger. Our suggestion is to start by talking with a lender. The Consumer Financial Protection Bureau (CFPB) says to ask each lender for a Loan Estimate on the same kind of loan so you can compare offers side by side, and that mortgage credit checks made within a 45 day window count as a single inquiry. Also budget beyond the payment: Freddie Mac says closing costs typically run 2% to 5% of the purchase price. Our buyer resources walk through the process, and you can explore Spokane neighborhoods before you tour. If you would like a lender recommendation, reach out to us.
If you're looking to SELL: Closed sales in September were up 10.2% from a year earlier, and the median closed price rose 1.2% to $419,999, so buyers are still active. New listings were down 1.6%, but inventory was higher overall, which means your home will be compared with other options. Our suggestion is to price from recent sales of comparable homes near yours and present the home well. Ask about the seller disclosure statement early: Nolo's guide to Washington rules (updated August 18, 2023) says that for most residential property, sellers must deliver a completed written statement and update it if they learn of changes. Exemptions and timelines apply, so confirm the current rules with a Washington attorney. If the home will sit vacant over the winter, the City of Spokane says to keep it above 55°F to protect the pipes. See our seller resources or reach out to us for a review of your home's pricing.
📝 A Note on This List
This guide highlights a selection of what is happening in Spokane in November 2026 and is not a complete list. We focused on holiday events and did not include every concert, game, or theater run. Visit Spokane's holiday events guide has more. Event pages sometimes list dates or times inconsistently, so confirm details with each organizer before you go.
🍂 Enjoy November in Spokane
However you spend the month, from a first look at the holiday lights to a quiet Thanksgiving at home, we hope it brings good memories with family and friends.
At Rios & Co Real Estate, we're proud to call Spokane home. We love sharing local events, highlighting the communities around us, and helping people discover what makes this area special.
If you're exploring Spokane or considering making it your home, take a look at our Spokane neighborhood guide or meet our team.
Zech and Emiley Rios are a husband and wife real estate team with eXp Realty, proudly serving Spokane and the surrounding communities. As locals themselves, they understand what makes each neighborhood unique and enjoy helping families find the right place to call home. Whether you're just exploring the area or planning your next move, they'd be happy to help.
Happy Thanksgiving, Spokane.
This article is for general informational purposes and does not constitute legal, tax, or financial advice. Market figures, mortgage rates, event details, and legal requirements change, so confirm current information with the source, a lender, and a licensed Washington attorney. Event details, times, and pricing are accurate as of publication on November 2, 2026, and are subject to change.
