Spokane Real Estate Market Update — Oct 22, 2025

Spokane Real Estate Market Update — Oct 22, 2025

So, what’s happening in the Spokane real‑estate ring this week? Let’s break it down:

Price & Value

  • In Spokane County, the median sale price is about $429,000, which is down ~1.4% year‑over‑year. 

  • For the city proper (Spokane, WA), typical home values are around $393,670, down ~0.5% over the past year. 

  • The listing side: the median listing price in the county sits near $499,950 (September 2025).

Translation: Prices are mostly flat with mild softening. No dramatic plunge, but sellers can’t assume upward momentum will carry them. Buyers: steadier terrain, not a bargain bonanza yet.

Inventory & Days on Market

  • Median days on market in Spokane County: ~30 days (Redfin data) for September. 

  • Another data point from Realtor.com: ~45 days median DOM in September County‑wide. 

  • Inventory is creeping upward according to commentary: more choices showing up, which shifts a little power back toward buyers. 

Bottom line: Properties are still moving, but they’re taking a bit longer compared to the red‑hot pace of earlier years. These shifts matter—especially for pricing strategy and negotiation timing.

Buyer / Seller Trends

  • We’re in a balanced to slight‑buyer‑leaning market. Why? Because:

    • Price growth is minimal or slightly negative.

    • Days on market are moderate—not ultra‑fast.

    • Inventory is loosening a bit.

  • For sellers: Clean, staged, priced right homes still win. Those that lean on “list high and see what happens” are likely to linger.

  • For buyers: This is a moment to act smart — you may have more room to negotiate, especially if you find something that’s been on the market a bit. Also: mid‑October window historically brings more listings + less competition.

 

Thinking of buying or selling this fall? Let Rios & Co guide you through the strategy—no guesswork, just smart moves.

Work With Us

Rios and Co is dedicated to helping you find your dream home and assisting with any selling needs you may have. Let them guide you through your home-buying journey, contact them today!

Follow Us on Instagram