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All market snapshots / 99016

Spokane Valley, WA 99016 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Spokane Valley, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.11
ActiveActive listings: 4646PendingPending sales: 55
Spokane Valley, 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): $505k$505kSoldMedian sold price (last 6 months): $468k$468k
What homes actually sell for in Spokane Valley, WA
Distribution of 233 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $419k to $591k
$260k to $373k: 18 sales$260k$373k to $485k: 104 sales104sales$485k to $598k: 42 sales$485k$598k to $710k: 20 sales$710k to $823k: 13 sales$710k$823k to $935k: 4 sales$935k to $1.05M: 5 sales$935k$1.05M to $1.16M: 4 salesMedian $468k

What the numbers say

As of October 5, 2026, Resideline is tracking 46 active listings and 5 pending sales in ZIP code 99016. That pending-to-active ratio of 0.11 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $504,950, while the median of the 233 closed sales Resideline tracked over the last six months was $468,000. 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 99016 for 72 days.

Frequently asked questions

What is the median home price in 99016?

The median closed sale price in Spokane Valley, WA 99016 was $468,000 over the last six months, based on 233 closed sales tracked by Resideline. The middle half of those sales ranged from $418,983 to $590,511.

Is 99016 a buyer's or seller's market?

Resideline is currently tracking 5 pending sales against 46 active listings in 99016, a pending-to-active ratio of 0.11. 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, 99016 currently looks like a balanced market.

Nearby ZIP code market data

Full Spokane Valley, WA housing market report →

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