The Spokane Market Makes No Sense Right Now (Q1 2026 Update)

The Spokane housing market doesn’t look like one market right now… it looks like two. Some homes are getting multiple offers and selling in days, while others are sitting for weeks with little to no activity. In this Q1 2026 update, we break down what’s actually happening using real data across the Spokane metro. We cover pricing trends, inventory growth, buyer behavior, and how much leverage buyers really have right now. We also look at how interest rates and affordability have shifted compared to last year, and what that means for both buyers and sellers moving forward. If you’re trying to decide whether to buy, sell, or wait, this breakdown will give you a clearer picture of how to approach the market in today’s conditions. #SpokaneRealEstate #HousingMarket2026 #SpokaneHomes #RealEstateUpdate #movingtospokane P.S. Whenever you’re ready there are 3 ways we can connect. 1️⃣ Reach out here Have questions or want to get started? Let’s connect: https://halstedhometeam.com/connect 2️⃣ Grab one of our FREE guides: 📥 Relocation Guide https://halstedhometeam.com/relocatio... 📥 Buyer’s Guide https://halstedhometeam.com/buyer-guide 📥 Seller’s Guide https://halstedhometeam.com/seller-guide 3️⃣ Follow me on Instagram for daily Spokane real estate tips, local updates, and behind-the-scenes content: 📲   / haydnhalsted   ---------------------------------------------------------------------------------------- Additional Resources: ❇️ Contact Me ❇️ 📧 email: [email protected] 💥 Book a Call 💥 Haydn Halsted 🔹 Follow on Social 🔹 🟣 Instagram: Instagram (@haydnhalsted) 🔵 Facebook: Haydn Halsted with Real Broker, LLC | Spokane WA 📰 Never Miss a Beat—Sign Up for My Weekly Newsletter: Get local events, market tips, and fresh Spokane real estate updates every Friday. 👉 Sign up here - https://haydnhalsted.myflodesk.com/wq... ⭐️ Read our reviews: Reviews - Haydn Halsted - Halsted Hometeam ⭐️ Need a Realtor in another part of the country? We'll match you up with one of the thousands of amazing realtors in our network. Just fill out this form here - Looking for a Realtor? ------------------------------------------------------------------------------------ Chapters: 00:00 – The Market Confusion 00:10 – Two Markets Explained 00:37 – Q1 Overview 01:03 – Prices vs Last Year 02:01 – Sales & Inventory Trends 03:10 – Interest Rate Impact 04:20 – How Much Below Asking? 05:40 – Cash vs Loan Buyers 07:20 – Inventory Surge Explained 09:17 – When to Sell (Timing) 10:22 – What’s Actually Moving 11:23 – Are Prices Dropping? 12:04 – Affordability Shift 13:07 – What You Should Do