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All market snapshots / 99004

Cheney, WA 99004 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Cheney, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.06
ActiveActive listings: 5252PendingPending sales: 33
Cheney, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $437k$437kSoldMedian sold price (last 6 months): $420k$420k
What homes actually sell for in Cheney, WA
Distribution of 205 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $350k to $526k
$90k to $166k: 12 sales$90k$166k to $242k: 4 sales$242k to $318k: 11 sales$242k$318k to $394k: 47 sales$394k to $471k: 56 sales56sales$394k$471k to $547k: 22 sales$547k to $623k: 24 sales$547k$623k to $699k: 11 salesMedian $420k

What the numbers say

As of October 5, 2026, Resideline is tracking 52 active listings and 3 pending sales in ZIP code 99004. That pending-to-active ratio of 0.06 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $436,995, while the median of the 205 closed sales Resideline tracked over the last six months was $420,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 99004 for 79 days.

Frequently asked questions

What is the median home price in 99004?

The median closed sale price in Cheney, WA 99004 was $420,000 over the last six months, based on 205 closed sales tracked by Resideline. The middle half of those sales ranged from $350,000 to $526,000.

Is 99004 a buyer's or seller's market?

Resideline is currently tracking 3 pending sales against 52 active listings in 99004, a pending-to-active ratio of 0.06. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 99004 currently looks like a balanced market.

Nearby ZIP code market data

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