Recently Sold Homes in Spokane, Lincoln Heights

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Spokane, WA Real Estate Insights

Spokane is located in eastern Washington, often recognized as being the sunnier alternative to the Pacific Northwest, drizzlier side of the state. With 198,460 residents of a median age of 37 years old, Spokane is a mid-sized city many Washington residents choose to call home. With the Riverfront Park, Spokane Falls and Mount Spokane State Park nearby, it's no surprise the city is ranked 4 out of 6 on Trulia's active metros scale. The national average is just 1.42 out of 5, making it a leader in outdoor activities and exercise opportunities for its residents. Spokane also has an abundance of golf courses, neighboring wineries and an enthusiastic river rafting community to offer locals.
Although real estate prices in the Western region of the U.S. are rising, asking prices in Spokane are relatively affordable, especially considering the median income of $45,938 per year. Last year, the average list price grew to $211,255, an appreciation of 8.6 percent from $194,532 the year prior. Meanwhile, inventory declined 15.16 percent to 1,259 homes for sale, creating a slightly more competitive market for buyers looking to relocate to the Spokane area.