New - 4 days on Rocket
$5,166 Closing Credit¹
#202511986, Stacy Gregory, Listing Office: John L Scott, Spokane Valley
Otis Orchards Housing Market Report January 2025•Spokane County, Washington
Housing Prices in Otis Orchards, WA
How much do homes in Otis Orchards, WA cost?
Housing Market Conditions
Is Otis Orchards, WA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Otis Orchards is a Seller's Market
Difference Since January 2024
At the same time last year, Otis Orchards was a Neutral Market.
Insight
Otis Orchards is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$577,500$226/SqFt
+$52,500
+10.0%
Based on all homes sold in the last 12 months
Insight
Homes in Otis Orchards have sold for 10% more than they did a year ago.
Summary: The median home sold price in Otis Orchards was $577,500 in January 2025, up 10% from last year, and the median price per square foot was $226.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Otis Orchards | $525K | $577.5K | +10.0% |
| Spokane Valley | $415K | $424.9K | +2.4% |
| Greenacres | $508K | $500K | -1.6% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $330K | $492.1K | +49.1% |
| 33 Bedrooms | $422.5K | $440K | +4.1% |
| 44 Bedrooms | $601K | $580K | -3.5% |
| 55+ Bedrooms | $720K | $685K | -4.9% |
Summary: Otis Orchards 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 +49.1%. The home price for 3 bedroom homes increased by +4.1%. The home price for 4 bedroom homes decreased by -3.5%. The home price for 5 bedroom homes decreased by -4.9%.
Housing supply in Otis Orchards, WA
How many homes are available in Otis Orchards, WA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 20Last MonthJan 2025 | ||
| 222 months agoDec 2024 | -9.1 % Change MoMDec – Jan |
Summary: The Otis Orchards real estate market had 20 homes for sale in Jan 2025, a 9.1 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 72 months agoDec 2024 | -42.9 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 5 | 5 | 0.0% |
| 44 Bedrooms | 5 | 5 | 0.0% |
| 55+ Bedrooms | 10 | 8 | -20.0% |
Summary: Otis Orchards 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 remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -20.0%.
Asking Price vs. Sold Price
How much do homes in Otis Orchards, WA cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Otis Orchards, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Otis Orchards in January 2025, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.
Days on Market for Otis Orchards, WA
How long does it take to sell a home in Otis Orchards, WA?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in Otis Orchards are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 4 homes were sold in Otis Orchards; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 7 DaysThis YearJan 2025 | ||
| 10 Days1 year agoJan 2024 | -27.5 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Otis Orchards had an average listing age of 7 days in Jan 2025, down by 27.5% compared to the previous year.
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Newest Listings in Otis Orchards, WA
What homes are available in Otis Orchards, WA?
New - 4 days on Rocket
$4,630 Closing Credit¹
#202511966, Kelly Stratton, Listing Office: Realty One Group Eclipse
#202511476, Karilynn Hardan, Listing Office: Windermere North
$5,581 Closing Credit¹
#25-453, Listing Office: Tomlinson Sotheby's International Realty (Spokane)
$8,905 Closing Credit¹
#202510416, Trevor Windhorst, Listing Office: Windermere Valley
$10,000 Closing Credit¹
#202510334, Kevin Jeffreys, Listing Office: eXp Realty, LLC
$10,000 Closing Credit¹
#202510054, Konstantin Velikodnyy, Listing Office: Kelly Right Real Estate of Spokane
#202426254, Seth Maefsky, Listing Office: Keller Williams Realty Coeur d
$6,591 Closing Credit¹
#202426031, Abbey Parsons, Listing Office: Coldwell Banker Tomlinson
$10,000 Closing Credit¹
#202425793, Scooter Gillis, Listing Office: Keller Williams Realty Coeur d
$10,000 Closing Credit¹
#24-10786, Listing Office: Keller Williams Realty Coeur d'Alene
$8,894 Closing Credit¹
#202425755, Tanya Beebe, Listing Office: John L Scott, Spokane Valley
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MLS Disclaimers and Copyright
Based on information from Spokane Association of REALTORS® MLS, and Coeur d'Alene 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.
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: 2/19/2025, 1:55:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Information displayed on this website on listings other than those of the website owner is displayed with permission of the Coeur d'Alene MLS and Broker/Participants of the Coeur d'Alene MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is from sources deemed reliable but is not guaranteed. Prospective buyers should verify information independently. Copyright © 2025 Coeur d’Alene Multiple Listing Service, Inc. 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: 2/19/2025, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/19/2025, 2:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.