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 Many residents consider Spokane an ideal place to raise a family. Quiet neighborhoods, tree-lined boulevards and year-round recreation provide a quality of life that is unmatched.
Housing choices are abundant. There are homes in every style and price range imaginable, from contemporary to Victorian brick homes dating back to the early 1900s. Whether you are looking for an affordable home near school and shopping, a home in a retirement area, or on one of Spokane's many golf courses, the housing market can accommodate your needs.
| Residential Housing Costs-Single Family Home Sales |
| Year |
Units Sold |
Dollar Volume |
Avg. Sales |
Median Sales |
| 1997 |
4,438 |
554.5 |
$115,172 |
$103,900 |
| 1998 |
4,861 |
610.6 |
$115,810 |
$104,950 |
| 1999 |
5,067 |
649.9 |
$119,275 |
$106,800 |
| 2000 |
4,798 |
630.4 |
$118,209 |
$105,000 |
| 2001 |
5,427 |
718.6 |
$121,880 |
$110,000 |
| 2002 |
5,656 |
750.4 |
$124,973 |
$111,500 |
| 2003 |
6,446 |
865.5 |
$134,273 |
$119,900 |
| 2004 |
5,047 |
n/a |
$146,415 |
$129,000 |
| 2005 |
7,521 |
n/a |
$172,620 |
$150,000 |
| 2006 |
6,873 |
n/a |
$197,384 |
$175,000 |
| 2007 |
6,935 |
n/a |
$211,872 |
$186,000 |
| 2008 |
4,910 |
n/a |
$206,303 |
$191,200 |
| 2009 |
4,664 |
n/a |
$187,585 |
n/a |
*Source: The Real Estate Report; Fall 2010 Journal of Business Market Fact Book
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