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Spokane Valley, WA
Full City Profile · Washington · Spokane County County
3.0
/5.0
B
Good
105,460
Population
2,796/sq mi density
$70,722
Median Income
$35,235 per capita
$344,300
Home Value
$404,483 Zillow
$1,247
Median Rent
30.1% income on rent
49°F
Avg Temperature
268 sunny days/yr
308
Violent Crime/100K
4,422 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$70,722 median income, 3.8% unemployment
B+
Affordability
3.9 / 5.0
$344,300 home value, $1,247/mo rent
F
Safety
1.0 / 5.0
308 violent crimes/100K
C+
Education
3.0 / 5.0
24.8% bachelor's degree or higher
Housing Overview
Median Home Value
$344,300
22% above
US avg: $281,900
Median Rent
$1,247/mo
7% above
US avg: $1,163/mo
Homeownership Rate
57.5%
12% below US avg (65.4%)
Total Housing Units
44,379
Median year built: 1978
Home Value by Source
Census Median
$344,300
Zillow (ZHVI)
$404,483
Median Sale Price
$389,500
Median List Price
$440,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
57.5%
Owner-Occupied
42.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$1,247/mo
· Zillow rent:
$1,509/mo
Market Indicators (Redfin)
Median Days on Market
65 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
70
Price Drops
23.7%
of listings with price reduction
Price Per Sq Ft
$205
Active Inventory
186
homes for sale
Affordability & Housing Stock
Rent Burden
30.1%
of renters spending 30%+ of income on housing
3% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
57.5%
Complete Housing Data
Home Values
| Census Median Value | $344,300 |
| Zillow Home Value (ZHVI) | $404,483 |
| Median Sale Price | $389,500 |
| Median List Price | $440,000 |
| Price Per Sq Ft | $205 |
Rent
| Census Median Rent | $1,247 |
| Zillow Rent (ZORI) | $1,509 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 65 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.7% |
| Homes Sold | 70 |
| Active Inventory | 186 |
| Price Per Sq Ft | $205 |
Ownership & Stock
| Owner-Occupied | 57.5% |
| Renter-Occupied | 42.5% |
| Homeownership Rate | 57.5% |
| Total Housing Units | 44,379 |
| Median Year Built | 1978 |
| Rent Burden | 30.1% |