The story of this market
The typical home in ZIP 99202 sells for about $339,900, or $245 per square foot.
Prices are down 2.89% from a year ago, which gives buyers more room to negotiate. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,695 a month.
ZIP 99202 — Spokane
The 99202 housing market is experiencing a period of price moderation, with a slight year-over-year decline in median sale prices. Despite this, the market remains active with a relatively low inventory, suggesting that demand for affordable housing in this area remains resilient. Buyers are finding a quicker transaction pace compared to the previous year, reflecting a competitive environment for well-priced properties.
This ZIP is well-suited for first-time homebuyers, students, and young professionals who prioritize affordability and proximity to the urban core over newer suburban housing stock.
Median prices moved down 2.9% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 18.2% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 99202, 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.
Crime rates in the 99202 area are generally higher than the national average, with property crime being a primary concern for residents compared to safer suburban counterparts in Spokane County.
Schools serving this ZIP are part of the Spokane Public Schools district, which offers a mix of traditional and magnet programs, though individual school performance ratings vary significantly across the area.
The area faces moderate risks related to urban fire and seasonal weather events, with standard insurance coverage typically available but subject to regional premium adjustments.
Development momentum is driven by the revitalization of the University District and proximity to downtown Spokane, with ongoing infrastructure improvements aimed at enhancing connectivity.
Property taxes are assessed by Spokane County based on local millage rates that include school district, city, and county levies; there are no state-level income taxes on residential property.
Residents benefit from proximity to the I-90 corridor, providing direct access to downtown Spokane and major employment hubs within a 10-15 minute drive.
The area features access to the Spokane River Centennial Trail, several local parks, and proximity to the shopping and dining districts of the University District and downtown.
The rental market is characterized by high demand for multi-family units and older single-family homes, with vacancy rates remaining tight due to the area's affordability relative to the broader metro.
The economy is anchored by the University District, healthcare providers, and a growing service sector, with significant employment ties to the broader Spokane metro area.
The area is served by Spokane Transit Authority bus routes and is positioned near major highway interchanges, facilitating regional travel.
Development is focused on infill projects and the expansion of mixed-use residential and commercial spaces near the riverfront.
Parcels are subject to Spokane Public Schools district taxes and various municipal utility districts.
Property insurance premiums are influenced by regional wildfire risk assessments and urban fire protection ratings.
Data retrieved from ZCTA-level ACS profiles; figures represent standard census reporting.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Flying Squirrel Trampoline Park4.38.1 mi
- Altitude Trampoline Park and Fitness & Welness Center Spokane4.24.2 mi
- Wonderland Family Fun Center46.9 mi
- Chuck E. Cheese4.27.8 mi
- Chuck E. Cheese46.5 mi
- Northern Quest Resort & Casino4.28.9 mi
- Spokane Arena4.42.4 mi
- Spokane Convention Center4.51.9 mi
- The Podium4.22.3 mi
- Golden Corral Buffet & Grill4.25 mi
- Manito Park4.82.1 mi
- Riverfront Park4.72.3 mi
- AMC River Park Square 204.52.4 mi
- Dave & Buster's Spokane4.17.5 mi
- Mirabeau Point Park4.77.1 mi
- Northwest Museum of Arts & Culture4.63.4 mi
- The Fox Theater4.82.6 mi
- Arbor Crest Wine Cellars4.66.4 mi
- Mobius Discovery Center4.62.4 mi
- Buck Knives4.517.3 mi
- Manito Park4.82.1 mi
- Riverfront Park4.72.3 mi
- Dwight Merkel Sports Complex4.66.1 mi
- Riverside State Park - Bowl and Pitcher Area4.76.3 mi
- Mirabeau Point Park4.77.1 mi
- Indian Canyon Golf Course4.44.8 mi
- Esmeralda Golf Course4.12.4 mi
- Downriver Golf Course4.24.9 mi
- Latah Creek Golf Course4.58 mi
- Creek at Qualchan Golf Course4.23.8 mi
- Spokane Valley Mall4.37.7 mi
- NorthTown Mall4.23.6 mi
- WinCo Foods4.34.6 mi
- Fred Meyer4.10.5 mi
- River Park Square4.42.4 mi
- Spokane International Airport4.47.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional trail system providing extensive walking and biking opportunities along the river.
A hub for higher education and research institutions that anchors the local economy.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.