Home prices
Spokane Valley's median home value is $204,700. Compared to the surrounding areas it is about $18,540 (8%) lower.It is roughly $12,800 (5%) lower compared to the rest of the country, and is approximately $17,100 (9%) higher compared to the city of Spokane.
Rents
Spokane Valley's median monthly rent is $946. This is about $128 (11%) lower in comparison to other places in this area.In comparison to the US as a whole it is about $116 (10%) lower, and compared to the city of Spokane it is about $80 (9%) higher.
Nearby places
Millwood
Millwood is Spokane Valley's neighbor to the northwest. Its real estate prices are a bit less expensive. The median home value in Millwood is $173,700, which works out to $31,000 (17%) lower than Spokane Valley. The rent there is a bit less expensive. In Millwood the median monthly rent is $781, which works out to $165 (21%) lower than Spokane Valley.
Liberty Lake
Liberty Lake is Spokane Valley's neighbor to the east. Its housing prices are somewhat more expensive. The median home in Liberty Lake is valued at $286,200, which comes out to $81,500 (28%) higher than Spokane Valley. The rent there is somewhat more expensive. In Liberty Lake the median monthly rent is $1,132, which comes out to $186 (16%) higher than Spokane Valley.
Otis Orchards-East Farms
Otis Orchards-East Farms is about 6 miles northeast of Spokane Valley. Housing prices there are a bit more expensive. Otis Orchards-East Farms's median home value is $231,200, which works out to $26,500 (11%) higher than Spokane Valley. Rent there is a bit more expensive. The median rent in Otis Orchards-East Farms is $1,336 a month, which is $390 (29%) higher than Spokane Valley.
Town and Country
Town and Country is roughly 8 miles northwest of Spokane Valley. Real estate prices there are a little less expensive. The median home cost in Town and Country is $186,600, which is $18,100 (9%) lower than Spokane Valley. Rents there are somewhat more expensive. Town and Country's median rent is $1,127 a month, which comes out to $181 (16%) higher than Spokane Valley.
Mead
Mead is roughly 8 miles northwest of Spokane Valley. Housing prices there are a bit more expensive. The median home price in Mead is $238,500, which comes out to $33,800 (14%) higher than Spokane Valley. Rent there is somewhat more expensive. The median rent in Mead is $996 a month, which works out to $50 (5%) higher than Spokane Valley.
