Spokane, WA 99223 - Real Estate Investment Insights & Performance Data

Welcome to our 99223 real estate data hub, tailored for investors in Spokane, WA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 99223 in Spokane, WA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SPOKANE COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Spokane, WA real estate investing. Uncover the wealth of information available, and position yourself for success in the Spokane property market.

• Location Overview

  • Zip Code: 99223
  • City: Spokane
  • State: WA
  • Metro Area: Spokane-Spokane Valley, WA
  • County Name: SPOKANE COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $476,526
  • Average Home Price (Single Family Homes): $480,150
  • Average Monthly Rental Price (All Types): $1,967
  • Price-to-Rent Ratio: 20
  • Zillow Projected % appreciation from 4/2023-4/2024: 2.6%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,300
  • Average 3 Bedroom Section 8 Rental Rates: $1,850
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 30.55
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 21.47
  • Number of Units Offered in Section 8 in the County: 2476
  • Number of Occupied Units in Section 8 in the County: 2370
  • Percentage of Section 8 Units Occupied in the County: 95.69999695%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 388.03
  • Total % Appreciation since 2000 (Government Data): 229.81
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.96%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -1.24%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 30.36%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 58.23%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 119.66%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 73.58%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 169.83%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%