Millwood Housing Market Report March 2025•Spokane County, Washington

hero building illustration for mobile

Housing Prices in Millwood, WA

How much do homes in Millwood, WA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$397,450$195/SqFt
+$18,450
+4.9%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Millwood has increased by 4.9% since last year.

Summary: The median home list price in Millwood was $397,450 in March 2025, up 4.9% from the previous year, and the median price per square foot was $195.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Millwood
+4.9%
Spokane Valley
+2.9%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsMar 2024Mar 2025Change YoY
1-$299K
N/A
2$275K$270K
-1.8%
3$382K$415K
+8.6%
4$385K$424.9K
+10.4%
5$395K$489K
+23.8%

Summary: Millwood housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -1.8%. The home price for 3 bedroom homes increased by +8.6%. The home price for 4 bedroom homes increased by +10.4%. The home price for 5 bedroom homes increased by +23.8%.

How does Millwood, WA compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Millwood, WA

Housing supply in Millwood, WA

How many homes are available in Millwood, WA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
9Last MonthMar 2025
52 months agoFeb 2025
+80.0 %
Change MoMFeb – Mar

Summary: The Millwood real estate market had 9 homes for sale in Mar 2025, a 80.0 % increase compared to Feb 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsFeb 2025Mar 2025Change MoM
111
0.0%
212
+100.0%
302
+100.0%
432
-33.3%
502
+100.0%

Summary: Millwood housing inventory by bedroom type for March 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 increased by +100.0%. The inventory for 4 bedroom homes decreased by -33.3%. The inventory for 5 bedroom homes increased by +100.0%.

Days on Market for Millwood, WA

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

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
50 DaysThis YearMar 2025
60 Days1 year agoMar 2024
-16.8 %
Change YoYMar 2024 – Mar 2025

Summary: Homes in Millwood had an average listing age of 50 days in Mar 2025, down by 16.8% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Millwood, WA

What homes are available in Millwood, WA?

See More Listings

Nearby markets

Popular Cities with Homes for Sale in Washington

MLS Disclaimers and Copyright

Based on information from Spokane Association of REALTORS® MLS, for the period 04/01/2023 - 04/01/2025

IDX 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: 4/4/2025, 6:10:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.