As the largest city in the Inland Northwest, Spokane is the trade and medical center for a 36-county region covering eastern Washington, north Idaho, western Montana, and parts of Oregon, British Columbia, and Alberta. Spokane is one of those “just-the-right-size” cities—big enough to offer all the city delights, and small enough that a visitor can find them.
Spokane boasts an active, vibrant downtown that was recently enhanced with the addition of a new pedestrian mall and old-fashioned streetcars. It is a city that offers an exceptional quality of life. With little crime, a low cost of living, affordable housing, good schools and an unspoiled and spectacular environment, the city has grown to include some 202,000 residents.
Spokane offers all the amenities of the metropolitan city it has become. North Town Mall is the largest shopping mall in the area with over 165 stores and specialty shops. Spokane's Veteran's Memorial Arena offers a full slate of big-name entertainment and sporting events. Located on the site of Spokane's old Coliseum, the facility offers state of the art amenities and acoustics. Academic opportunities are plentiful, for students in grades K-12 as well as those wishing to pursue a degree in higher education. Spokane offers a wide variety of housing types and prices. Prospective buyers will be pleased to find that Spokane offers a variety of housing types in a range of affordable prices. These include single-family homes, townhouses, condos, and even equestrian and ranch properties.
Spokane offers a wide variety of housing types and prices. Spokane condominiums and townhouses near local colleges and within city limits start at $100,000 and can exceed $1 million for newer, luxury models complete with exclusive community amenities. Spokane homes in gated or planned neighborhoods, new home subdivisions, and suburban enclaves can be found starting in the low $100,000s and ranging to $5 million and more for Spokane estate properties and golf course homes. Ranches, horse properties and development land are also available. Active and retired members of the military find that Spokane is an ideal area to reside as the community is only a short 25 minute drive to Fairchild Air Force Base. Additionally, for those who are looking to custom build their dream home or investment property, the custom home market in Spokane is considered one of the most affordable in the nation.
Spokane Real Estate Stats and Trends for the week of May 25th, 2015: homes priced around $175,270 compared to $169,894 the previous week, showing a increase of more than +3%. For Wednesday, May 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.90%; the 15 year fixed rate is at 3.06%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.27%, while the 15 year jumbo rate currently is at 3.82%. You can calculate your mortgage rate with our mortgage calculators. Get local info and homes for sale in Spokane WA. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Spokane to help you find the best home!