Spokane, WA home prices
Typical home $415,045 · +0.2% in a year · income needed $117,000
The Spokane, WA metro area ranks 132 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +0.2% in a year and +8.8% over five years. With 20% down at 7.11%, the typical home costs about $2,730 a month including 0.84% property tax (Spokane County rate).
Mortgage on the typical Spokane home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $83,009 | $332,036 | $2,234 | $0 | $497 | $2,730 | $117,000 |
| 10% down | $41,505 | $373,541 | $2,513 | $156 | $497 | $3,165 | $135,700 |
| 5% down | $20,752 | $394,293 | $2,652 | $164 | $497 | $3,313 | $142,000 |
| 3.5% down (FHA) | $14,527 | $407,528 | $2,741 | $184 | $497 | $3,422 | $146,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.84% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Spokane area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Spokane County, WA | $419,205 | +0.2% | 0.84% |
| Stevens County, WA | $367,926 | +0.5% | 0.59% |
What can you afford in Washington on your salary? · Washington home prices · Salaries in Washington
Frequently asked questions
How much is a house in Spokane?
The typical home in the Spokane, WA metro area is worth $415,045 (Zillow, September 2026).
What salary do you need to buy a house in Spokane?
About $117,000 a year for the typical home with 20% down at 7.11%.