The housing market in 99201 Spokane, WA is a great investment opportunity. The median value of a house in the area is $309,400, which is significantly lower than the US median value of $338,100. However, this market is still profitable as it has experienced an annual appreciation rate of 8.77%, just slightly higher than the national average of 8.27%. With its relatively low median house price and strong appreciation rate, investing in housing in 99201 Spokane, WA could be a great way to maximize your return on investment.
The median home cost in Spokane (zip 99201) is $309,400. Home appreciation the last 10 years has been 158.6%. Home Appreciation in Spokane (zip 99201) is up 14.7%.
Average Age of Homes
- The median age of Spokane (zip 99201) real estate is 78 years old
The Rental Market in Spokane (zip 99201)
- Renters make up 66.6% of the Spokane (zip 99201) population
- 4.1% of houses and apartments in Spokane (zip 99201), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.