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Home appreciation in Spokane, WA

Over the five years ending 2025, home prices in Spokane, WA grew an average of 8.9% a year.

Price growth at a glance

1-year

+3.0%

2025 over 2024. Washington: +3.0%.

5-year, per year

+8.9%

Average annual growth, 2020 to 2025. Washington: +8.0%.

10-year, per year

+9.1%

+140.0% in total since 2015. Washington: +8.2%.

How does your home compare?

Spokane, WA home prices rose 140.0% over the ten years to 2025, while its ZIP codes ranged from +86.7% to +179.9%. Look up your home to see where it ranks among the homes around it.

Your first analysis is free.

A model-generated estimate and analytical context, not investment advice. Investing? Score any property free

How Spokane, WA compares with Washington

Washington averaged +8.0% a year, so Spokane, WA grew faster than the state overall. For five-year price growth, Spokane, WA ranks 229th out of 409 metros nationwide and 2nd out of 13 in Washington.

Index, 2005 = 100

Spokane-Spokane Valley, WA and Washington, quarterly house price index rebased to 100 in 2005.
YearSpokane-Spokane Valley, WAWashington
2005 Q1100100
2005 Q2106105
2005 Q3111110
2005 Q4115115
2006 Q1118119
2006 Q2125123
2006 Q3128126
2006 Q4131129
2007 Q1134131
2007 Q2136133
2007 Q3137133
2007 Q4139134
2008 Q1138134
2008 Q2137131
2008 Q3135127
2008 Q4135126
2009 Q1134125
2009 Q2130120
2009 Q3128116
2009 Q4126114
2010 Q1125112
2010 Q2122111
2010 Q3123111
2010 Q4122109
2011 Q1116105
2011 Q2113102
2011 Q3114103
2011 Q4115103
2012 Q1113101
2012 Q2112100
2012 Q3113102
2012 Q4113103
2013 Q1113104
2013 Q2113106
2013 Q3114108
2013 Q4114109
2014 Q1114110
2014 Q2117113
2014 Q3119116
2014 Q4119117
2015 Q1121119
2015 Q2123122
2015 Q3125125
2015 Q4126128
2016 Q1127130
2016 Q2131135
2016 Q3135139
2016 Q4136141
2017 Q1138143
2017 Q2143149
2017 Q3147153
2017 Q4147156
2018 Q1153159
2018 Q2160165
2018 Q3163167
2018 Q4165167
2019 Q1171169
2019 Q2176173
2019 Q3180175
2019 Q4182177
2020 Q1185180
2020 Q2189183
2020 Q3196187
2020 Q4202192
2021 Q1211198
2021 Q2230213
2021 Q3249225
2021 Q4257233
2022 Q1265243
2022 Q2286259
2022 Q3286257
2022 Q4277248
2023 Q1276248
2023 Q2281255
2023 Q3283256
2023 Q4277254
2024 Q1279259
2024 Q2292266
2024 Q3289267
2024 Q4290267
2025 Q1295270
2025 Q2297273
2025 Q3297272
2025 Q4296274
2026 Q1294275
2026 Q2297276

Chart through 2026 Q2. Annual growth figures through 2025.

Five-year and ten-year growth rates were similar, at +9.1% a year over ten years and +140.0% in total, suggesting a similar pattern over both periods.

Over this history, home prices peaked in 2007, fell 17.4% to its 2012 low, and regained the 2007 level in 2017.

The strongest year was 2021 at +22.6%, and the weakest was 2011 at -6.8%.

In 2025 alone the index moved +3.0%, against +3.0% for the state.

ZIP codes in Spokane, WA

Over the ten years to 2025, the 34 ZIP codes FHFA measures in this metro ranged from +86.7% in 99036 to +179.9% in 99207, while the metro as a whole rose 140.0%.

Fastest-rising ZIP codes

10-year change

  1. 99207+179.9%
  2. 99201+179.1%
  3. 99205+155.4%
  4. 99148+146.3%
  5. 99030+145.7%

Slowest-rising ZIP codes

10-year change

  1. 99036+86.7%
  2. 99141+97.9%
  3. 99003+101.3%
  4. 99109+103.3%
  5. 99019+105.6%
ZIP codes in Spokane-Spokane Valley, WA ranked by 10-year home-price change through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
99207-1.0%+8.5%+10.8%+179.9%
99201+16.3%+9.9%+10.8%+179.1%
99205+2.5%+8.6%+9.8%+155.4%
99148-0.5%+12.5%+9.4%+146.3%
99030-2.9%+8.7%+9.4%+145.7%
99202-1.3%+8.1%+9.4%+145.7%
99217+1.1%+9.6%+9.3%+143.9%
99022+3.4%+9.4%+9.3%+142.4%
99216+2.1%+8.8%+9.2%+142.1%
99212-0.2%+8.5%+9.2%+141.5%
99206+1.1%+8.8%+9.2%+141.1%
99027+11.1%+9.2%+9.1%+139.1%
99001+16.2%+8.5%+9.1%+138.6%
99025+7.7%+9.4%+8.8%+132.7%
99218+3.9%+9.0%+8.6%+128.2%
99026+0.9%+8.7%+8.6%+128.1%
99037-2.8%+7.8%+8.6%+127.5%
99208+3.8%+8.4%+8.6%+127.3%
99009-1.2%+9.7%+8.5%+126.2%
99223+2.3%+8.3%+8.5%+125.4%
99016-0.8%+8.5%+8.4%+125.0%
99021+5.8%+8.6%+8.3%+122.9%
99203+3.6%+7.7%+8.3%+122.9%
99004+5.1%+8.3%+8.3%+122.3%
99006+2.9%+8.2%+8.3%+121.9%
99005+3.2%+8.2%+8.3%+121.4%
99224+0.4%+8.4%+8.2%+119.3%
99204+3.3%+6.3%+7.7%+109.4%
99114-8.3%+8.6%+7.5%+106.2%
99019-3.0%+6.7%+7.5%+105.6%
99109-12.5%+8.3%+7.4%+103.3%
99003+0.3%+6.7%+7.2%+101.3%
99141+10.2%+8.0%+7.1%+97.9%
99036+2.2%+6.7%+6.4%+86.7%

What a home report shows

Enter an address and you get a score out of 10 for how the home ranks on appreciation potential against comparable homes in its market, with the nearby sales behind it. Here is one saved report.

Example report · saved October 14, 2026

165 N Canal St, Apt 1205, Chicago, IL 60606

Appreciation score

4.1 / 10

Around the median

Where it ranks

Ranks above about 41% of comparable homes in Chicago, IL for appreciation potential.

Price against nearby sales

Priced below most nearby sales, at $300 per square foot across 6 comparable sales.

Read the full example report

Year by year

Annual house price index for Spokane-Spokane Valley, WA and Washington, 2005 = 100 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
2005100.0—100.0
2006116.1+16.1%115.6
2007126.3+8.8%123.7
2008126.1-0.1%120.4
2009120.0-4.9%110.2
2010113.8-5.2%102.9
2011106.1-6.8%96.1
2012104.3-1.7%94.7
2013105.1+0.8%99.4
2014108.6+3.3%106.2
2015114.2+5.2%114.8
2016122.3+7.1%126.7
2017133.0+8.7%139.8
2018148.1+11.4%153.0
2019163.9+10.7%161.6
2020178.8+9.1%172.6
2021219.1+22.6%202.1
2022257.7+17.6%234.1
2023258.6+0.3%235.8
2024266.1+2.9%246.2
2025274.1+3.0%253.6

The 13 measured metros in Washington

Measured metros in Washington ranked by 5-year home-price appreciation through 2025 Column headers are buttons: click to sort, click again to reverse, and a third time to restore the original order.
#
1Mount Vernon-Anacortes, WA+4.1%+8.9%+8.9%
2Spokane-Spokane Valley, WA+3.0%+8.9%+9.1%
3Bellingham, WA+3.8%+8.8%+8.5%
4Everett, WA (metropolitan division)+2.3%+8.8%+8.8%
5Walla Walla, WA+6.9%+8.8%+7.9%
6Olympia-Lacey-Tumwater, WA+3.0%+8.5%+8.4%
7Wenatchee-East Wenatchee, WA+4.2%+8.4%+8.1%
8Yakima, WA+4.6%+8.2%+7.9%
9Tacoma-Lakewood, WA (metropolitan division)+3.7%+8.1%+9.0%
10Kennewick-Richland, WA+2.9%+7.9%+8.3%
11Longview-Kelso, WA+4.9%+7.9%+8.7%
12Bremerton-Silverdale-Port Orchard, WA+2.7%+7.3%+8.1%
13Seattle-Bellevue-Kent, WA (metropolitan division)+2.3%+6.8%+7.5%

Source & method: Metro figures: FHFA quarterly all-transactions index for metropolitan statistical areas and metropolitan divisions, annualized as the mean of the four quarterly (NSA) values. State figures: FHFA quarterly all-transactions index, annualized as the mean of the four quarterly (NSA) values. The chart uses quarterly readings, with each series set to 100 in the first quarter of 2005. ZIP figures: FHFA annual five-digit ZIP index (developmental), ZIPs with sufficient transaction history. Missing years are reported as missing by FHFA and are not estimated. Each ZIP is placed in the metro that holds the county with most of its housing units. “5-yr /yr” and “10-yr /yr” are compound annual growth over the window ending 2025; all figures are nominal. Data published by the FHFA House Price Index; this edition compiled 2026-10-17. Educational data, not investment advice.

See the Washington row in the state rankings, the county rankings, and, for why one metro number hides so much, why two homes in the same ZIP code appreciate differently.

How does your home compare?

See how your home ranks against nearby homes. Your first analysis is free.

Look up your home

Investing? Score any property free

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Measured FHFA data · chart through 2026 Q2