Millwood Housing Market Report January 2025•Spokane County, Washington

Housing Prices in Millwood, WA

How much do homes in Millwood, WA cost?

Median List Price

$390,725$176/SqFt

+$25,725

+7.0%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Millwood has increased by 7% since last year.

Summary: The median home list price in Millwood was $390,725 in January 2025, up 7% from the previous year, and the median price per square foot was $176.

Median List Price By Cities

City	Jan 2024	Jan 2025	Change YoY
Millwood	$365K	$390.7K	+7.0%
Spokane Valley	$419.9K	$429.9K	+2.4%

Median List Price By Bedrooms

Beds	Jan 2024	Jan 2025	Change YoY
11 Bedroom	-	-	N/A
22 Bedrooms	$262K	$270K	+3.1%
33 Bedrooms	$365K	$394.9K	+8.2%
44 Bedrooms	$379K	$412.4K	+8.8%
55+ Bedrooms	$392.5K	$395K	+0.6%

Summary: Millwood housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +3.1%. The home price for 3 bedroom homes increased by +8.2%. The home price for 4 bedroom homes increased by +8.8%. The home price for 5 bedroom homes increased by +0.6%.

Housing supply in Millwood, WA

How many homes are available in Millwood, WA?

Number of Homes For Sale

Last Month	2 months ago	Change MoM
3Last MonthJan 2025
12 months agoDec 2024	+200.0 % Change MoMDec – Jan

Summary: The Millwood real estate market had 3 homes for sale in Jan 2025, a 200.0 % increase compared to Dec 2024.

Homes For Sale By Bedroom Count

Beds	Dec 2024	Jan 2025	Change MoM
11 Bedroom	0	0	0.0%
22 Bedrooms	1	2	+100.0%
33 Bedrooms	0	0	0.0%
44 Bedrooms	0	1	+100.0%
55+ Bedrooms	0	0	0.0%

Summary: Millwood housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes increased by +100.0%. The inventory for 5 bedroom homes remained the same.

Days on Market for Millwood, WA

How long does it take to sell a home in Millwood, WA?

Average Listing Age

This Year	1 year ago	Change YoY
42 DaysThis YearJan 2025
58 Days1 year agoJan 2024	-27.5 % Change YoYJan 2024 – Jan 2025

Summary: Homes in Millwood had an average listing age of 42 days in Jan 2025, down by 27.5% compared to the previous year.

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Newest Listings in Millwood, WA

What homes are available in Millwood, WA?

See More Listings

view of front of property with a front lawn, a porch, and a garage

view of side of home featuring central AC and a lawn

wooden terrace with a yard and covered porch

New - 2 days on Rocket

$5,462 Closing Credit¹

$459,999

4 beds • 3 baths • 1,748 sqft

3305 N Fowler Rd, Spokane WA 99206

#202512076, Jeff Thomas, Listing Office: eXp Realty 4 Degrees

view of front of property featuring a carport and a front yard

entryway featuring hardwood / wood-style flooring and a textured ceiling

$4,150 Closing Credit¹

$349,500

2 beds • 1 bath • 1,072 sqft

3014 N Sargent Rd, Spokane WA 99212

#202511369, Deborah Dyche, Listing Office: John L Scott, Spokane Valley

view of property hidden behind natural elements

unfurnished room featuring a wealth of natural light and dark hardwood / wood-style floors

$2,736 Closing Credit¹

$230,400

2 beds • 1 bath

8819 E Frederick Ave, Spokane WA 99212

#202424672, Bob Travis, Listing Office: Windermere Manito, LLC

Nearby markets

Spokane Valley, WA

MLS Disclaimers and Copyright

Based on information from Spokane Association of REALTORS® MLS, for the period 02/01/2023 - 02/01/2025

Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Broker Reciprocity

The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 1:10:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.