LOCAL MARKET UPDATE · OCTOBER 2026

Spokane Valley housing market: October 2026

Here's the latest on Spokane Valley home values, rents and asking prices, by ZIP code. Every figure below names its source, the area it covers and its date.

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Spokane Valley by the numbers

Typical home value, city of Spokane Valley, September 2026
$407,956
+0.4% from September 2025

Source: Zillow Home Value Index (ZHVI), Zillow Research public data. As of September 2026.

Typical rent, city of Spokane Valley, September 2026
$1,525
+1.6% from September 2025

Zillow's rent index for all rental types. It's built the same way in every city, so it compares fairly across the region.

Source: Zillow Observed Rent Index (ZORI), Zillow Research public data. As of September 2026.

Homes for sale with a price cut, all of Spokane County, September 2026
24.9%
26.4% a year earlier · 2,113 homes for sale in September

Source: Realtor.com Economic Research, county inventory data (Spokane County, Wash.). As of September 2026.

Median asking price, homes for sale, all of Spokane County, September 2026
$470,852
−5.8% from September 2025. These are asking prices, not sale prices.

Source: Realtor.com Economic Research, county inventory data (Spokane County, Wash.). As of September 2026.

Spokane Valley by ZIP code
ZIPAreaTypical value1-yr changeTypical rent
99016Spokane Valley$494,790+0.4%$1,658
99037Spokane Valley$481,435+0.1%$1,603
99206Spokane Valley$417,264+0.2%$1,654
99216Spokane Valley$403,520+0.7%$1,457
99212Spokane Valley$367,374+0.2%n/a

ZIP codes with a Spokane Valley mailing address, ranked by typical home value. Some reach past the city limits. Zillow figures for September 2026; n/a means Zillow publishes no figure for that ZIP.

Source: Zillow Home Value Index (ZHVI), Zillow Research public data. As of September 2026.

See every Spokane County ZIP on the county page

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Rents across the region

Compare rents by city and ZIP code at CDA Rent Report.

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