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All market snapshots / 99004

Cheney, WA 99004 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Cheney, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 5656PendingPending sales: 55
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): $410k$410kSoldMedian sold price (last 6 months): $423k$423k
What homes actually sell for in Cheney, WA
Distribution of 204 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $350k to $526k
$90k to $165k: 12 sales$90k$165k to $240k: 3 sales$240k to $315k: 6 sales$240k$315k to $390k: 47 sales$390k to $465k: 57 sales57sales$390k$465k to $540k: 26 sales$540k to $615k: 23 sales$540k$615k to $690k: 12 salesMedian $423k

What the numbers say

As of September 14, 2026, Resideline is tracking 56 active listings and 5 pending sales in ZIP code 99004. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $410,000, while the median of the 204 closed sales Resideline tracked over the last six months was $422,850. 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 59 days.

Frequently asked questions

What is the median home price in 99004?

The median closed sale price in Cheney, WA 99004 was $422,850 over the last six months, based on 204 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 5 pending sales against 56 active listings in 99004, a pending-to-active ratio of 0.09. 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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