The story of this market
The typical home in ZIP 99040 sells for about $375,556, or $197 per square foot.
Prices are down 1.2% from a year ago, which gives buyers more room to negotiate. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,475 a month.
ZIP 99040 — Wellpinit
The Spokane housing market is currently experiencing a period of price stabilization with a slight year-over-year decline in median sale prices. While inventory levels have increased, the market remains competitive with homes selling in approximately 15 days. Figures provided reflect Spokane metro-wide data as specific ZCTA-level metrics for 99040 were not available in the provided sources.
Median prices moved down 1.2% year over year.
Homes spend a median of 15 days on market with 3.3 months of supply — a fast-moving market.
4% of listings have cut prices · homes sell at 98.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 12.0% — a stable, low-distress profile.
ZCTA 99040, 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 aggregated from Spokane County metro-level census profiles as ZIP-specific ZCTA data is not independently published in the provided sources.
- Inland Northwest Rail Museum4.716.3 mi
- Spokane International Airport4.428.3 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.