The story of this market
The typical home in ZIP 99016 sells for about $484,356, or $257 per square foot.
Prices are down 11.9% from a year ago, which gives buyers more room to negotiate. Homes take about 64 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,350 a month.
ZIP 99016 — Spokane Valley
The 99016 housing market is experiencing a significant correction with median prices down 11.9% year-over-year. Increased days on market and cooling demand suggest a shift toward a more buyer-friendly environment compared to previous years.
Median prices moved down 11.9% year over year.
Homes spend a median of 64 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.0% · poverty 5.0% — a stable, low-distress profile.
versus the prior ACS vintage
ZCTA 99016, Spokane County WA
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Data retrieved from data.census.gov ZCTA 99016 profile
- Triple Play Family Fun Park4.219.3 mi
- Flying Squirrel Trampoline Park4.33.8 mi
- Altitude Trampoline Park and Fitness & Welness Center Spokane4.27.5 mi
- Wonderland Family Fun Center415.6 mi
- Chuck E. Cheese4.24 mi
- Northern Quest Resort & Casino4.219.6 mi
- Coeur d'Alene Casino4.115.3 mi
- Spokane Arena4.413.3 mi
- Spokane Convention Center4.512.8 mi
- The Podium4.213.2 mi
- Manito Park4.812.4 mi
- Dave & Buster's Spokane4.15.4 mi
- Mirabeau Point Park4.76.2 mi
- Flying Squirrel Trampoline Park4.33.8 mi
- Arbor Crest Wine Cellars4.67.6 mi
- Northwest Museum of Arts & Culture4.614.2 mi
- The Fox Theater4.813.4 mi
- Arbor Crest Wine Cellars4.67.6 mi
- Mobius Discovery Center4.613.3 mi
- Buck Knives4.58.8 mi
- Manito Park4.812.4 mi
- Mirabeau Point Park4.76.2 mi
- Q'emiln Park4.710.8 mi
- Orchard Park4.84.2 mi
- Corbin Park4.79.6 mi
- Hagadone Marine Group4.416.5 mi
- Silver Beach Marina4.319.1 mi
- Lakeside Water Rentals4.917 mi
- Resort Boat Rentals4.417.3 mi
- Templin's Marina4.311.3 mi
- Esmeralda Golf Course4.110.9 mi
- Latah Creek Golf Course4.511.9 mi
- Creek at Qualchan Golf Course4.212.4 mi
- The Club at Prairie Falls4.612.6 mi
- Liberty Lake Golf Course4.44.4 mi
- Spokane Valley Mall4.35 mi
- WinCo Foods4.36.6 mi
- Fred Meyer4.110.4 mi
- Fred Meyer4.23.8 mi
- Safeway3.912.2 mi
- Spokane International Airport4.418 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.