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Preforeclosure Homes in Spokane, WA 99201

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Spokane, WA Foreclosures

How much do homes sell for in Spokane, WA?
The average home price is currently $466,664.
In Spokane, WA, how many homes are available?
There are currently 2 active home listings available in Spokane.
What’s the average rental cost in Spokane, WA?
The average rental price in Spokane is $1,428.
What is the most expensive home in Spokane?
The most expensive home sold in Spokane had a price of $89,833,576.
What is currently the cheapest priced home in Spokane, WA?
The cheapest home for sale in Spokane is priced at $5,632.

Living in Spokane, WA

Spokane, WA, is a city rich in natural beauty and vibrant culture, nestled alongside the Spokane River. It offers a diverse community atmosphere, quality education, and plenty of outdoor activities. Affordable housing options make it a great choice for families and young professionals alike.

Current Market Conditions in Spokane, WA

Spokane's real estate market is currently experiencing a trend of rising home prices due to high demand and low inventory. The city is attracting buyers from nearby urban areas looking for more affordable options, which has intensified competition for available properties.

First-time homebuyers are finding opportunities in Spokane, where prices remain relatively lower compared to major Washington cities like Seattle. The market remains active, and properties are often sold quickly, reflecting a healthy interest from investors and new residents.

Home Value Estimator For Spokane, WA

There are currently 103,069 real estate properties in Spokane, WA, with a median automated valuation model (AVM) price of $384,050.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Spokane, WA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Spokane, WA, is $466,664.00, with the most expensive house in Spokane, WA, topping out at $89,833,576.00 and the cheapest home in Spokane, WA, clocking in at $5,632.00. In other words, there’s something for every potential homebuyer or savvy investor in Spokane, WA!

Rent Prices In Spokane, WA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Spokane, WA, is on a rollercoaster ride. The average rent price in Spokane, WA, is $1,428.00. Indeed, when looking to rent in Spokane, WA, you can expect to pay as little as $500.00 or as much as $3,640.00, with the average rent median estimated to be $1,380.00. The good news is that finding an affordable and desirable property to rent in Spokane, WA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Spokane, WA 99201 Preforeclosure Homes


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