SIALIMStatistical Intelligence for America's Local Investment Markets

99203Spokane, WA Home Values

Typical home value $498,105 as of July 2026 · 15th of 48 in Spokane-Spokane Valley, WA

Typical value — July 2026
$498,105
observed, not a forecast
Past 12 months
+0.1%
trailing year-over-year change
Past 5 years
+9.4%
July 2021 to July 2026
Rank in metro
15th
of 48 ZIP codes, by value

Blue: typical home value (Zillow ZHVI) in ZIP code 99203, July 2021 to July 2026. This page shows observed data only; no forecast.

How 99203 compares in the Spokane-Spokane Valley, WA area

ZIP code 99203 (Spokane, WA) has a typical home value of $498,105 as of July 2026, ranking 15th of 48 ZIP codes tracked in the Spokane-Spokane Valley, WA area, more expensive than about 71% of ZIP codes in the metro. Prices here have moved +0.1% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +9.4%, from $455,402 in July 2021 to $498,105 in July 2026. Against observed rent, the typical home here sells for 19× the annual rent ($2,183/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.

Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Spokane-Spokane Valley, WA forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Spokane.

Population and demographics

ZIP code 99203 has a population of 21,921, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 86.8% White, 5.9% Hispanic or Latino, 3.9% two or more races, 1.7% Asian, 1.4% Black or African American, 0.3% American Indian or Alaska Native, and 0.1% another race.

Nearby public schools

SchoolAddressDistance
Sacajawea Middle School401 E 33Rd Ave, Spokane, WA0.3 mi
Hutton Elementary908 E 24Th Ave, Spokane, WA0.4 mi
Jefferson Elementary123 E. 37th Ave, Spokane, WA0.6 mi

Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.

Frequently asked questions

What is the typical home value in ZIP code 99203?

$498,105 as of July 2026, the latest month Zillow has published observed data for.

Is 99203 an expensive ZIP code in the Spokane-Spokane Valley, WA area?

99203 ranks 15th of 48 ZIP codes in the Spokane-Spokane Valley, WA area by typical home value, more expensive than about 71% of ZIP codes in the metro.

How much have home values in 99203 changed over the past year?

+0.1% over the trailing 12 months, from observed Zillow data.

Is it cheaper to buy or rent in ZIP code 99203?

The typical home price is 19× the observed annual rent in this ZIP code ($2,183/mo). Lower multiples favor buying over renting, all else equal.

What is the population of ZIP code 99203?

21,921, per the US Census Bureau's American Community Survey 5-year estimate.

What are the closest public schools to ZIP code 99203?

Sacajawea Middle School (0.3 mi), Hutton Elementary (0.4 mi), Jefferson Elementary (0.6 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.

Is this page showing a forecast for 99203?

No. Every number on this page is observed Zillow data as of July 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Spokane-Spokane Valley, WA forecast for a modeled outlook.

ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.