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Spokane, WA Real Estate


According to census data in the year 2000 there were 88,094 housing units in Spokane. This represents a 10.3% growth from 79,875 in 1990.

Of those housing units, 87,675 were located in either urbanized areas or urban clusters, and 419 were located in what is classified as a rural area.

Homeownership rate in Spokane is about 58.9%. Spokane's vacancy rate, including seasonal lodging, is about 7.3%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Spokane were built after 1955.

Statistics

Housing Size

Housing Units by Size
Studio Type4.50%
One Bedroom16.40%
Two Bedrooms33.50%
Three Bedrooms27.70%
Four Bedrooms13.40%
Five Bedrooms or more4.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.5
Median year structure was built1953
Median Value of occupied units$97,000
Median Price asked for vacant units$79,300

Rented Homes, Apartments and Condos

Average Household Size2.08
Median year structure was built1961
Median Monthly Rent asked for vacant units$439

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage10.10%
Home Equity Loan5.60%
Simple Mortgage55.90%
Debt Free28.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs19.8%