Cities with the fastest-growing home prices in the Spokane metro area

·Stacker

Konstantin L // Shutterstock
Konstantin L // Shutterstock

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.

The typical home value in the United States was $369,678 in August, 1.3% higher than the year before.

Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.

Stacker compiled a list of cities with the most expensive homes in the Spokane-Spokane Valley, WA metro area using data from Zillow. Charts show the monthly typical home value since January 2018.

You may also like: Top 25 songs in Spokane on Shazam in the past week

#30. Airway Heights, WA

Stacker

1 / 30

#30. Airway Heights, WA

- 1-year price change: +$836 (+0.2%)
- 5-year price change: +$41,678 (+12.7%)
- Typical home value: $370,987 (#21 most expensive city in metro)

#29. Valleyford, WA

Stacker

2 / 30

#29. Valleyford, WA

- 1-year price change: +$932 (+0.1%)
- 5-year price change: +$48,186 (+7.6%)
- Typical home value: $684,730 (#2 most expensive city in metro)

#28. Chewelah, WA

Stacker

3 / 30

#28. Chewelah, WA

- 1-year price change: +$1,636 (+0.5%)
- 5-year price change: +$50,271 (+16.9%)
- Typical home value: $348,050 (#25 most expensive city in metro)

#27. Deer Park, WA

Stacker

4 / 30

#27. Deer Park, WA

- 1-year price change: +$1,657 (+0.4%)
- 5-year price change: +$45,176 (+10.8%)
- Typical home value: $465,282 (#12 most expensive city in metro)

#25. Colbert, WA

Stacker

6 / 30

#25. Colbert, WA

- 1-year price change: +$1,806 (+0.3%)
- 5-year price change: +$55,792 (+10.3%)
- Typical home value: $596,614 (#3 most expensive city in metro)

#24. Chattaroy, WA

Stacker

7 / 30

#24. Chattaroy, WA

- 1-year price change: +$2,309 (+0.4%)
- 5-year price change: +$50,635 (+9.4%)
- Typical home value: $587,372 (#4 most expensive city in metro)

#23. Elk, WA

Stacker

8 / 30

#23. Elk, WA

- 1-year price change: +$3,386 (+0.7%)
- 5-year price change: +$28,105 (+6.0%)
- Typical home value: $493,692 (#10 most expensive city in metro)

#22. Latah, WA

Stacker

9 / 30

#22. Latah, WA

- 1-year price change: +$3,848 (+1.1%)
- 5-year price change: +$28,236 (+8.9%)
- Typical home value: $345,935 (#27 most expensive city in metro)

#21. Millwood, WA

Stacker

10 / 30

#21. Millwood, WA

- 1-year price change: +$4,214 (+1.2%)
- 5-year price change: +$38,742 (+12.0%)
- Typical home value: $362,070 (#24 most expensive city in metro)

You may also like: Biggest sources of immigrants to Spokane

#20. Fairfield, WA

Stacker

11 / 30

#20. Fairfield, WA

- 1-year price change: +$4,374 (+1.5%)
- 5-year price change: +$28,416 (+10.4%)
- Typical home value: $300,600 (#31 most expensive city in metro)

#19. Colville, WA

Stacker

12 / 30

#19. Colville, WA

- 1-year price change: +$4,527 (+1.4%)
- 5-year price change: +$69,069 (+25.9%)
- Typical home value: $335,845 (#28 most expensive city in metro)

#18. Liberty Lake, WA

Stacker

13 / 30

#18. Liberty Lake, WA

- 1-year price change: +$5,766 (+1.0%)
- 5-year price change: +$50,404 (+9.8%)
- Typical home value: $564,561 (#6 most expensive city in metro)

#17. Kettle Falls, WA

Stacker

14 / 30

#17. Kettle Falls, WA

- 1-year price change: +$5,962 (+2.2%)
- 5-year price change: +$36,712 (+15.2%)
- Typical home value: $278,425 (#33 most expensive city in metro)

#16. Medical Lake, WA

Stacker

15 / 30

#16. Medical Lake, WA

- 1-year price change: +$6,378 (+1.5%)
- 5-year price change: +$44,029 (+11.6%)
- Typical home value: $425,087 (#13 most expensive city in metro)

You may also like: Cheapest gas stations in Spokane

#15. Mica, WA

Stacker

16 / 30

#15. Mica, WA

- 1-year price change: +$6,401 (+0.9%)
- 5-year price change: +$77,576 (+12.2%)
- Typical home value: $713,628 (#1 most expensive city in metro)

#14. Rice, WA

Stacker

17 / 30

#14. Rice, WA

- 1-year price change: +$6,430 (+1.8%)
- 5-year price change: +$16,658 (+4.7%)
- Typical home value: $368,256 (#22 most expensive city in metro)

#13. Mead, WA

Stacker

18 / 30

#13. Mead, WA

- 1-year price change: +$6,563 (+1.3%)
- 5-year price change: +$54,427 (+11.8%)
- Typical home value: $514,406 (#8 most expensive city in metro)

#12. Otis Orchards-East Farms, WA

Stacker

19 / 30

#12. Otis Orchards-East Farms, WA

- 1-year price change: +$6,726 (+1.5%)
- 5-year price change: +$54,416 (+13.2%)
- Typical home value: $467,541 (#11 most expensive city in metro)

#10. Ford, WA

Stacker

21 / 30

#10. Ford, WA

- 1-year price change: +$7,815 (+2.8%)
- 5-year price change: +$42,804 (+17.5%)
- Typical home value: $286,699 (#32 most expensive city in metro)

#9. Northport, WA

Stacker

22 / 30

#9. Northport, WA

- 1-year price change: +$8,048 (+3.3%)
- 5-year price change: +$56,575 (+29.5%)
- Typical home value: $248,500 (#34 most expensive city in metro)

#8. Rockford, WA

Stacker

23 / 30

#8. Rockford, WA

- 1-year price change: +$8,131 (+2.0%)
- 5-year price change: +$52,161 (+14.3%)
- Typical home value: $416,957 (#17 most expensive city in metro)

#7. Loon Lake, WA

Stacker

24 / 30

#7. Loon Lake, WA

- 1-year price change: +$8,385 (+2.1%)
- 5-year price change: +$58,509 (+16.3%)
- Typical home value: $417,091 (#16 most expensive city in metro)

#6. Tumtum, WA

Stacker

25 / 30

#6. Tumtum, WA

- 1-year price change: +$8,589 (+2.5%)
- 5-year price change: +$51,586 (+17.5%)
- Typical home value: $346,459 (#26 most expensive city in metro)

You may also like: Spokane 7-day weather forecast

#5. Newman Lake, WA

Stacker

26 / 30

#5. Newman Lake, WA

- 1-year price change: +$9,578 (+1.9%)
- 5-year price change: +$60,350 (+13.4%)
- Typical home value: $509,289 (#9 most expensive city in metro)

#4. Addy, WA

Stacker

27 / 30

#4. Addy, WA

- 1-year price change: +$11,408 (+3.2%)
- 5-year price change: +$60,304 (+19.8%)
- Typical home value: $365,506 (#23 most expensive city in metro)

#3. Valley, WA

Stacker

28 / 30

#3. Valley, WA

- 1-year price change: +$11,923 (+3.9%)
- 5-year price change: +$40,386 (+14.5%)
- Typical home value: $318,549 (#29 most expensive city in metro)

#2. Springdale, WA

Stacker

29 / 30

#2. Springdale, WA

- 1-year price change: +$12,847 (+4.2%)
- 5-year price change: +$55,729 (+21.3%)
- Typical home value: $316,890 (#30 most expensive city in metro)

#1. Clayton, WA

Stacker

30 / 30

#1. Clayton, WA

- 1-year price change: +$14,593 (+3.6%)
- 5-year price change: +$68,382 (+19.3%)
- Typical home value: $422,466 (#14 most expensive city in metro)

You may also like: Spokane mid-year housing market review