The story of this market
The typical home in ZIP 99207 sells for about $289,934, or $198 per square foot.
Prices are down 4.9% from a year ago, which gives buyers more room to negotiate. Homes take about 26 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,453 a month.
ZIP 99207
The 99207 housing market is experiencing downward price pressure and significant rental market volatility. High vacancy rates and a year-over-year decline in median prices suggest a cooling environment that requires careful investor selection. The market remains accessible for entry-level buyers but faces headwinds from broader economic shifts in the Spokane region.
This area is primarily suited for budget-conscious buyers and investors who are comfortable navigating a market with higher vacancy risks and older housing stock.
Median prices moved down 4.9% year over year.
Homes spend a median of 26 days on market with 2.1 months of supply — a fast-moving market.
42% of listings have cut prices · homes sell at 100% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.8% · poverty 19.5% — a mixed stability profile.
versus the prior ACS vintage
ZCTA 99207, 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.
Property taxes are assessed at the county level in Washington; the state utilizes a levy-based system where total tax collected is limited by constitutional and statutory caps.
The area provides relatively direct access to downtown Spokane via major arterial roads and public transit corridors.
The ZIP features local parks such as Chief Garry Park and proximity to the Spokane River trail systems and regional shopping districts.
The rental market shows significant vacancy pressure and a recent downward trajectory in asking rents, with a high share of renter-occupied households.
The local economy is anchored by the broader Spokane regional mix, including healthcare, education, and government services.
The area is served by the Spokane Transit Authority, providing bus connectivity to the greater Spokane employment core.
The Spokane County Assessor manages property valuations based on annual market analysis and physical inspections.
Parcels are subject to standard municipal and county-wide taxing districts, including school and fire protection districts.
Data retrieved from ZCTA-level census profiles and Repit market reports.
- Flying Squirrel Trampoline Park4.39.4 mi
- Altitude Trampoline Park and Fitness & Welness Center Spokane4.25.3 mi
- Wonderland Family Fun Center44.2 mi
- Chuck E. Cheese4.29.2 mi
- Chuck E. Cheese43.8 mi
- Northern Quest Resort & Casino4.28.2 mi
- Spokane Arena4.42.3 mi
- Spokane Convention Center4.52.4 mi
- The Podium4.22.3 mi
- Golden Corral Buffet & Grill4.22.2 mi
- Manito Park4.83.8 mi
- Riverfront Park4.72.6 mi
- AMC River Park Square 204.52.8 mi
- Dave & Buster's Spokane4.18.4 mi
- Mirabeau Point Park4.77.8 mi
- Northwest Museum of Arts & Culture4.63.5 mi
- The Fox Theater4.83 mi
- Arbor Crest Wine Cellars4.66.7 mi
- Mobius Discovery Center4.62.7 mi
- Buck Knives4.518 mi
- Manito Park4.83.8 mi
- Riverfront Park4.72.6 mi
- Dwight Merkel Sports Complex4.64.1 mi
- Riverside State Park - Bowl and Pitcher Area4.74.7 mi
- Mirabeau Point Park4.77.8 mi
- Indian Canyon Golf Course4.45 mi
- Esmeralda Golf Course4.12 mi
- Downriver Golf Course4.23.4 mi
- Creek at Qualchan Golf Course4.25.9 mi
- Latah Creek Golf Course4.510.6 mi
- Spokane Valley Mall4.38.7 mi
- NorthTown Mall4.20.9 mi
- WinCo Foods4.36.2 mi
- Fred Meyer4.13.2 mi
- River Park Square4.42.8 mi
- Spokane International Airport4.48.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A neighborhood park providing green space and recreational facilities.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).