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Spokane County, Washington Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
657
Sold (12M)
279
Median Price
$162K
Market Condition
Strong Buyer's Market

Spokane County, Washington Market Meter

Buyer'sSeller's
Strong Buyer's Market

31.3 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$162K
Avg Price/Acre
$108K
Avg Days on Market
67
Months of Supply
31.3
YoY Price Change
+27.3%
New Listings (3M)
228

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres82762119
1-2 acres-3719
2-5 acres191323
5-10 acres-2837
10-20 acres2162851
20-50 acres15919
50-100 acres-156
100+ acres--24
TOTAL1263134278
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres119 sold / 173 listed
1-2 acres19 sold / 48 listed
2-5 acres23 sold / 59 listed
5-10 acres37 sold / 94 listed
10-20 acres51 sold / 148 listed
20-50 acres19 sold / 91 listed
50-100 acres6 sold / 17 listed
100+ acres4 sold / 22 listed

Median Price by Acreage

$0$475K$950K
0- 1
1- 2
2- 5
5- 10
10- 20
20- 50
50- 100
100+

Acreage buckets

Key Market Indicators

Total Sales Volume
$65.8M
Last 12 months
Active Listings
657
Current inventory
Avg Days on Market
67
Time to sell
Price Trend (YoY)
+27.3%
Year over year

Spokane County, Washington Land Market Analysis

How much is land worth in Spokane County, Washington?

The median price for land in Spokane County, Washington is currently $108K per acre. For a typical parcel, the median sale price is $162K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $79K while premium lots reached $425K.

Is now a good time to buy land in Spokane County, Washington?

Spokane County, Washington is currently a strong buyer's market with 31.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 27.3% year-over-year.

What is the months of supply for land in Spokane County, Washington?

Spokane County, Washington currently has 31.3 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the absorption rate for land in Spokane County, Washington?

The 3-month absorption rate in Spokane County, Washington is 3.2%. The 12-month rate is 3.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the median land price in Spokane County, Washington?

The median land price in Spokane County, Washington stands at $162K. This translates to roughly $108K per acre for the typical parcel size. The average price is $237K, indicating some higher-priced properties pulling up the average.

What is the total land for sale in Spokane County, Washington?

There are currently 657 active listings in Spokane County, Washington. 228 new listings have hit the market in the last 90 days. The median asking price is $200K.

Is now a good time to invest in land in Spokane County, Washington?

The current absorption rate in Spokane County, Washington is 3.2% (3-month basis), indicating slow demand. With appreciating values (+27.3% YoY), the market shows growth potential. The top-performing broker in this market is Keller Williams Spokane - Main.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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