#202514361, Ryan Stoker, Listing Office: Citibrokers, LLC
Spokane South Housing Market Report March 2025•Spokane County, Washington
Housing Prices in Spokane South, WA
How much do homes in Spokane South, WA cost?
Housing Market Conditions
Is Spokane South, WA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Spokane South is a Buyer's Market
Difference Since March 2024
At the same time last year, Spokane South was a Neutral Market.
Spokane South is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Spokane South have sold for 3.7% less than they did a year ago.
Summary: The median home sold price in Spokane South was $645,000 in March 2025, down 3.7% from last year, and the median price per square foot was $232.
Median Sold Price By Cities
City | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
Spokane | $391.9K | $407.2K | +3.9% |
Cheney-Medical Lake | $400K | $409.6K | +2.4% |
Spokane South | $670K | $645K | -3.7% |
Median Sold Price By Bedrooms
Beds | Mar 2024 | Mar 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | $239.9K | N/A |
22 Bedrooms | $354.9K | $495K | +39.5% |
33 Bedrooms | $585K | $522.5K | -10.7% |
44 Bedrooms | $670K | $613.5K | -8.4% |
55+ Bedrooms | $807.5K | $889.5K | +10.2% |
Summary: Spokane South 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 increased by +39.5%. The home price for 3 bedroom homes decreased by -10.7%. The home price for 4 bedroom homes decreased by -8.4%. The home price for 5 bedroom homes increased by +10.2%.
How does Spokane South, WA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Spokane South, WA
Housing supply in Spokane South, WA
How many homes are available in Spokane South, WA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
58Last MonthMar 2025 | ||
412 months agoFeb 2025 | +41.5 % Change MoMFeb – Mar |
Summary: The Spokane South real estate market had 58 homes for sale in Mar 2025, a 41.5 % increase compared to Feb 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthMar 2025 | ||
92 months agoFeb 2025 | -55.6 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
Beds | Feb 2025 | Mar 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 2 | 2 | 0.0% |
33 Bedrooms | 12 | 10 | -16.7% |
44 Bedrooms | 19 | 28 | +47.4% |
55+ Bedrooms | 8 | 18 | +125.0% |
Summary: Spokane South 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 remained the same. The inventory for 3 bedroom homes decreased by -16.7%. The inventory for 4 bedroom homes increased by +47.4%. The inventory for 5 bedroom homes increased by +125.0%.
Asking Price vs. Sold Price
How much do homes in Spokane South, WA cost?
Over Asking Price2 Homes
At Asking Price2 Homes
Under Asking Price0 Home
If you're buying a home in Spokane South, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Spokane South in March 2025, down by 55.6% month-over-month. Of the 4 sold homes, 0% were sold under asking, 50% were sold at asking, and and 50% were sold over asking.
Days on Market for Spokane South, WA
How long does it take to sell a home in Spokane South, WA?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days2 Homes
Over 90 Days0 Home
Many homes in Spokane South are selling fast, if you're buying plan to act quickly.
Summary: During March 2025, 4 homes were sold in Spokane South; 50% of homes were sold within 30 days, 50% 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 |
---|---|---|
37 DaysThis YearMar 2025 | ||
11 Days1 year agoMar 2024 | +228.7 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Spokane South had an average listing age of 37 days in Mar 2025, up by 228.7% compared to the previous year.
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Newest Listings in Spokane South, WA
What homes are available in Spokane South, WA?
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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 04/01/2023 - 04/01/2025

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.

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, 2:55:53 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: 4/4/2025, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.