The story of this market
The typical home in ZIP 99205 sells for about $323,531, or $205 per square foot.
Prices are roughly flat from a year ago (-0.5%), a market in balance. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,350 a month.
ZIP 99205 — Spokane
The housing market in 99205 is currently stable with a median home value of approximately $323,531. Market activity is characterized by a moderate pace of sales and a slight year-over-year price adjustment, reflecting broader regional trends in Spokane. Inventory remains constrained, supporting current price levels despite broader economic headwinds.
This ZIP is well-suited for first-time homebuyers, families, and long-term residents seeking established neighborhoods with relatively accessible price points compared to the broader regional market.
Median prices moved down 0.5% year over year.
Homes spend a median of 18 days on market with 4.5 months of supply — a fast-moving market.
47% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 11.0% — a stable, low-distress 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 7.9%/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 6.6%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 99205, 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.
The area is served by Spokane Public Schools, which generally maintains a diverse range of neighborhood elementary and secondary options.
The region faces moderate wildfire risk common to Eastern Washington and standard seasonal weather-related insurance considerations.
Economic momentum is driven by the broader Spokane regional economy, which includes healthcare, education, and manufacturing sectors.
Property taxes are assessed by Spokane County at an effective rate of approximately 0.7% for this ZIP code.
Residents typically commute via the I-90 corridor or local arterials toward downtown Spokane, which serves as the primary employment hub.
The area features access to local parks and is within a short drive of the Spokane River and various regional trail systems.
The rental market is characterized by a significant share of older housing stock with moderate vacancy pressure.
The economy is anchored by the Spokane regional employment base, featuring major employers in healthcare, education, and government services.
The area is served by local bus transit and major arterial roads connecting to the wider Spokane metropolitan highway network.
Development is primarily focused on infill and the renovation of existing residential stock.
Spokane County Assessor manages property valuations for tax purposes.
Parcels are subject to Spokane Public Schools and various municipal utility districts.
Property insurance premiums are influenced by regional wildfire risk and standard urban hazard profiles.
Washington is a non-judicial foreclosure state with specific notice requirements.
Sellers are required to provide a comprehensive real estate transfer disclosure statement.
Data retrieved from US Census Bureau and local market reports.
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 Park4.312.2 mi
- Altitude Trampoline Park and Fitness & Welness Center Spokane4.28 mi
- Wonderland Family Fun Center44.2 mi
- Chuck E. Cheese4.211.9 mi
- Chuck E. Cheese44.3 mi
- Northern Quest Resort & Casino4.25.9 mi
- Spokane Arena4.42.7 mi
- Spokane Convention Center4.53.3 mi
- The Podium4.22.8 mi
- Golden Corral Buffet & Grill4.22.5 mi
- Manito Park4.84.6 mi
- Riverfront Park4.73.1 mi
- AMC River Park Square 204.53.1 mi
- Dave & Buster's Spokane4.111.2 mi
- Mirabeau Point Park4.710.6 mi
- Northwest Museum of Arts & Culture4.63 mi
- The Fox Theater4.83.2 mi
- Arbor Crest Wine Cellars4.69.4 mi
- Mobius Discovery Center4.63 mi
- The Big Dipper4.53.5 mi
- Manito Park4.84.6 mi
- Riverfront Park4.73.1 mi
- Dwight Merkel Sports Complex4.61.4 mi
- Riverside State Park - Bowl and Pitcher Area4.72 mi
- Mirabeau Point Park4.710.6 mi
- Indian Canyon Golf Course4.43.8 mi
- Esmeralda Golf Course4.14.7 mi
- Downriver Golf Course4.21.1 mi
- Creek at Qualchan Golf Course4.26.5 mi
- Latah Creek Golf Course4.511.5 mi
- Spokane Valley Mall4.311.5 mi
- NorthTown Mall4.22 mi
- WinCo Foods4.38.8 mi
- Fred Meyer4.15.3 mi
- River Park Square4.43.1 mi
- Spokane International Airport4.46.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides recreational access and scenic views near the ZIP boundary.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.