The story of this market
The typical home in ZIP 99203 sells for about $375,556, or $197 per square foot.
Prices are down 1.2% from a year ago, which gives buyers more room to negotiate. Homes take about 15 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,539 a month.
ZIP 99203 — Spokane
The housing market in 99203 is currently experiencing a slight cooling trend with a year-over-year price decline of 1.2%. High inventory levels and tenant-protective regulations contribute to a cautious outlook for investors. Market activity remains competitive, but buyers are exercising more diligence due to economic volatility.
The area fits a narrow investor profile requiring a hands-on, patient approach due to regulatory and economic factors.
Median prices moved down 1.2% year over year.
Homes spend a median of 15 days on market with 2.5 months of supply — a fast-moving market.
43% of listings have cut prices · homes sell at 98.5% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 12.0% — a stable, low-distress profile.
ZCTA 99203, 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.
Employment concentration in the area leans toward sectors with higher volatility, impacting local income stability.
Property taxes are assessed at the county level with an average effective rate of approximately 0.98%.
The rental market is characterized by tenant-protective state regulations and slower eviction processes.
The local economy is influenced by employment sectors with higher volatility, leading to fluctuations in household income.
Data aggregated from ZCTA-level census reports and county-level economic indicators.
- Flying Squirrel Trampoline Park4.310 mi
- Altitude Trampoline Park and Fitness & Welness Center Spokane4.26.6 mi
- Wonderland Family Fun Center48.8 mi
- Chuck E. Cheese4.29.8 mi
- Chuck E. Cheese48.5 mi
- Northern Quest Resort & Casino4.27.5 mi
- Spokane Arena4.42.9 mi
- Spokane Convention Center4.52.4 mi
- The Podium4.22.8 mi
- Golden Corral Buffet & Grill4.26.8 mi
- Manito Park4.80.9 mi
- Riverfront Park4.72.4 mi
- AMC River Park Square 204.52.4 mi
- Dave & Buster's Spokane4.19.7 mi
- Mirabeau Point Park4.79.5 mi
- Northwest Museum of Arts & Culture4.62.7 mi
- The Fox Theater4.82.3 mi
- Arbor Crest Wine Cellars4.69 mi
- Mobius Discovery Center4.62.5 mi
- Buck Knives4.519.4 mi
- Manito Park4.80.9 mi
- Riverfront Park4.72.4 mi
- Dwight Merkel Sports Complex4.66.5 mi
- Riverside State Park - Bowl and Pitcher Area4.76.3 mi
- Mirabeau Point Park4.79.5 mi
- Indian Canyon Golf Course4.43.3 mi
- Esmeralda Golf Course4.15.1 mi
- Downriver Golf Course4.25 mi
- Latah Creek Golf Course4.56 mi
- Creek at Qualchan Golf Course4.21.2 mi
- Spokane Valley Mall4.39.9 mi
- NorthTown Mall4.25.3 mi
- WinCo Foods4.36.6 mi
- Fred Meyer4.12.9 mi
- River Park Square4.42.4 mi
- Spokane International Airport4.45.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.