Barb Huff Realtor

📊 SPOKANE MARKET UPDATE | MAY 2026 📊

Wondering what's really happening in the Spokane housing market?

The answer may surprise you...

🏡 Inventory is up.
Buyers have more choices than they've had in years, with approximately 1,415 active listings available at the end of May. That's a significant increase from just 1,095 homes on the market during the same period in 2024.

📉 Sales have slowed.
Closed sales totaled 521 homes in May, compared to 611 in May 2025 and 542 in May 2024. Buyers are taking more time to make decisions and being more selective about the homes they pursue.

💰 Prices remain strong—but the market is finding balance.
The median sales price reached $437,500 in May.

What makes that interesting?

👉 It's higher than May 2024's median price of $420,000
👉 But lower than May 2025's median price of $450,000

This tells us we're not seeing a market crash or runaway appreciation. Instead, we're seeing a healthier market where inventory is increasing and price growth is moderating.

🔑 What This Means for Buyers:

✅ More homes to choose from.
✅ Less pressure to waive contingencies.
✅ Better opportunities to negotiate.
✅ More time to find the right home.

🏠 What This Means for Sellers:

✅ Home values remain historically strong.
✅ Buyers are still actively purchasing.
✅ Strategic pricing is more important than ever.
✅ The best-prepared homes are standing out and selling.

🎯 The Bottom Line:

The Spokane market is shifting toward balance.

We're moving away from the frenzy of the past few years and into a market where both buyers and sellers can make thoughtful decisions.

That's good news for everyone.

If you were planning a move in the next 12 months, would you rather buy now with more inventory or wait to see what happens with interest rates?

👇 Drop your thoughts in the comments.

📩 Want to know what your home is worth in today's market? Send me a message for a personalized market analysis.

💰 BUYERS: DON’T LET HIDDEN COSTS CATCH YOU OFF GUARD 💰

A lot of buyers focus ONLY on the down payment…
but there are other costs that matter too.

Here are a few things buyers should plan for:
✔ closing costs
✔ inspections
✔ appraisal fees
✔ moving expenses
✔ home maintenance
✔ insurance & taxes

The GOOD news?
There are often ways to reduce upfront costs, including:
✅ seller-paid closing costs
✅ down payment assistance programs
✅ rate buydowns
✅ strategic negotiation

Having the right plan can save you THOUSANDS.

If you’re curious what buying would realistically look like for you financially, I’d be happy to put together a customized game plan.

📩 Send me a DM — I’m always happy to help.

🏡 “I’M WAITING FOR THE MARKET TO CRASH.” 🏡

I hear this almost every week.

But here’s what many buyers don’t realize:
📈 Home inventory is still limited in many price ranges.
📈 Spokane & Cheney continue to grow.
📈 Rent prices keep climbing.
📈 Most experts are forecasting stabilization — not a dramatic crash.

Trying to perfectly time the market is nearly impossible.

The buyers who usually win long term are the ones who:
✔ buy within their budget
✔ stay in the home for several years
✔ build equity over time

Waiting for a “perfect” market can sometimes mean missing years of appreciation and equity growth.

If you’re unsure whether buying NOW or waiting makes more financial sense, let’s talk through it together with real numbers — not headlines.

📲 Message me anytime for a no-pressure buyer consultation.

🎉 CLOSED | 11618 E 35th Ave, Spokane 🎉

Another successful sale in Spokane! This home sold at FULL asking price of $450,000 after receiving 3 offers and going under contract in just 48 hours. 🔥

This is proof that even in today’s market, homes of all conditions are still selling quickly when paired with the right pricing strategy, preparation, and marketing plan. Buyers are still out there — and they’re ready to move fast when a home is positioned correctly from day one.

Huge congratulations to my sellers on a smooth and successful transaction! 🏡✨

Thinking about selling but unsure if now is the right time? The market is still rewarding well-priced homes, and you may be surprised what your property could command in today’s market.

🔗 View the listing here:
https://www.compass.com/app/listing/11618-E-35th-Ave-Spokane-WA-99206/2083425262475808833

📲 Curious what your home could sell for in today’s market? Send me a message for a personalized home value analysis and strategy session before the summer market heats up even more.