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Market Update4 min read

Is Spokane a Good Place to Buy in 2026?

Spokane has been one of the fastest-growing PNW markets. Here's what the numbers say about buying there now — median prices, inventory, and what to watch for.

Spokane by the numbers

Median home price sits around $385K as of early 2026 — still significantly below Seattle ($780K) and Portland ($520K). Average days on market is 28, down from 35 last year. Inventory is tight but improving, with new construction picking up in the north and south valleys.

Who Spokane works for

Remote workers priced out of the Westside. Families wanting space and affordability. Investors looking at the rental yield (Spokane's rent-to-price ratio is among the best in the PNW). If your job isn't tied to Seattle or Portland, Spokane gives you 2-3x the house for the same payment.

  • South Hill and Browne's Addition for walkability
  • Five Mile and North Spokane for family-friendly suburbs
  • Liberty Lake for newer builds and Eastside commuters

What to watch for

Spokane's growth means infrastructure hasn't fully caught up. Traffic on I-90 and Division is notably worse than 5 years ago. Some neighborhoods have deferred maintenance — inspection contingencies matter more here. And while prices are lower, wages are too — run the affordability math relative to local income, not Seattle salaries.

Bottom line

Spokane is a strong value play in the PNW for the right buyer. If you're considering it, the Spokane buyer guide breaks down neighborhoods in detail, and the affordability calculator helps you see what your dollar actually buys there.

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