The story of this market
The typical home in ZIP 99212 sells for about $435,000, or $235 per square foot.
Prices are down 7.43% 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 $1,650 a month.
ZIP 99212 — Spokane
The 99212 housing market is currently experiencing a period of price correction, with a year-over-year decline of 7.43% in median listing prices. Inventory remains tight at 70 active listings, which is helping to support a relatively stable sale-to-list ratio of 98.5%. Market conditions are currently neutral as buyers and sellers adjust to the prevailing interest rate environment.
This ZIP is well-suited for families and commuters who value proximity to both Spokane and Spokane Valley. It offers a balance of suburban residential character and access to essential urban amenities.
Median prices moved down 7.4% year over year.
Homes spend a median of 45 days on market with 3.2 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 7.5% — 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 10.0%/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 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 99212, 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 99212 area are generally consistent with the broader Spokane urban core, with property crime being the primary concern. Residents typically experience moderate safety levels compared to the national average.
The area is served by the Central Valley School District, which is generally regarded as providing stable educational outcomes for the region. Schools in this district are often cited for their community involvement and consistent performance.
The region faces moderate wildfire risk during summer months and occasional winter storm impacts. Flood risk is generally low, though localized areas near the Spokane River require standard insurance considerations.
Economic momentum is driven by the proximity to the Spokane Valley commercial corridor and healthcare sector growth. Infrastructure improvements focus on maintaining connectivity between the residential neighborhoods and the I-90 transit artery.
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 in Washington, which impacts the overall tax burden for residents.
Residents benefit from direct access to I-90, providing a straightforward commute to downtown Spokane or the Spokane Valley employment hubs. Public transit options are available via the Spokane Transit Authority bus network.
The area features proximity to the Spokane River Centennial Trail for outdoor activities and several local parks. Shopping and dining amenities are concentrated along the Sprague Avenue corridor.
The rental market is characterized by steady demand from both students and workforce commuters. Vacancy rates remain low, and rent growth has stabilized following recent inflationary pressures.
The economy is anchored by healthcare, retail, and manufacturing sectors within the Spokane Valley. Major employers include regional medical centers and educational institutions.
The area is served by I-90 and a network of arterial roads. Spokane Transit Authority provides bus service connecting the ZIP to the broader metro area.
Development is focused on mixed-use projects along the Sprague corridor and residential infill. Planning efforts prioritize density near transit nodes.
Spokane County Assessor manages property valuations based on annual market analysis. Assessments are subject to state-mandated reappraisal cycles.
Parcels are subject to Central Valley School District levies and various utility district assessments. Fire and emergency services are provided by local districts.
Property insurance premiums are influenced by regional wildfire risk and standard urban hazard profiles. Market health is stable with competitive carrier participation.
Washington state continues to see net positive domestic migration, though growth has moderated compared to the 2020-2022 period.
Washington is a non-judicial foreclosure state. The process is governed by the Deed of Trust Act, which provides specific notice and mediation requirements.
Sellers are required to provide a comprehensive disclosure statement regarding the condition of the property. This is a mandatory requirement for residential real estate transactions.
Data retrieved from data.census.gov ZCTA-level tables.
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 Park4.35.1 mi
- Altitude Trampoline Park and Fitness & Welness Center Spokane4.21.3 mi
- Wonderland Family Fun Center47.9 mi
- Chuck E. Cheese4.24.9 mi
- Chuck E. Cheese47.2 mi
- Northern Quest Resort & Casino4.211.8 mi
- Spokane Arena4.45.3 mi
- Spokane Convention Center4.54.8 mi
- The Podium4.25.2 mi
- Golden Corral Buffet & Grill4.26.4 mi
- Manito Park4.85 mi
- Riverfront Park4.75.2 mi
- AMC River Park Square 204.55.3 mi
- Dave & Buster's Spokane4.14.5 mi
- Mirabeau Point Park4.74.2 mi
- Northwest Museum of Arts & Culture4.66.4 mi
- The Fox Theater4.85.5 mi
- Arbor Crest Wine Cellars4.63.7 mi
- Mobius Discovery Center4.65.4 mi
- Buck Knives4.514.3 mi
- Manito Park4.85 mi
- Riverfront Park4.75.2 mi
- Dwight Merkel Sports Complex4.68.5 mi
- Riverside State Park - Bowl and Pitcher Area4.79 mi
- Mirabeau Point Park4.74.2 mi
- Templin's Marina4.317.2 mi
- Indian Canyon Golf Course4.47.8 mi
- Esmeralda Golf Course4.12.7 mi
- Downriver Golf Course4.27.5 mi
- Latah Creek Golf Course4.59 mi
- Creek at Qualchan Golf Course4.26 mi
- Spokane Valley Mall4.34.8 mi
- NorthTown Mall4.25.4 mi
- WinCo Foods4.31.7 mi
- Fred Meyer4.12.6 mi
- River Park Square4.45.4 mi
- Spokane International Airport4.410.8 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 paved trail following the Spokane River.
A large community park with trails and natural areas.
The primary commercial artery serving the local community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.