Spokane, WA

Population: 210,103
Average annual home appreciation rate: -1.95%
Total of homes for sale in this market:
Median home price: $139,896
Median Rent: $577 per room
Home price range: 51.24% of homes are between $88,001 – $175,000
Median sales price:
Number of homes:
Median foreclosure sales price:
Foreclosure discount:
Most common home type: 65.18% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 7.47%
Number of renters: 42.71%
Number of owner occupied: 57.29%
Number people living below poverty level: 18.64%
Unemployment rate: 8.20%
Is this area perfect for real estate deals going on right now? Spokane is showing a downtrend in it’s home appreciation at this time, after having a stronger rate in times past… Historically speaking, the ‘down’ market has proven to be very advantageous for the savvy Real Estate investor… setting up their properties when the prices are lower, and it’s a depressed time economically speaking (Poverty/unemployment rates higher than the national average) The market will makes it’s long promised comeback, and they will be in front of the recovery.

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