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  1. Home
  2. /Browse ZIP Codes
  3. /Washington
  4. /Spokane
  5. /East Central, Spokane, WA - 99202

East Central, Spokane, WA—99202

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$319,000
1.3% YoY Growth
Household Income
$61,300
70.1% YoY Growth
Days on Market
37
25.0% Longer YoY
Home Price Forecast
-0.5%
Median Rent
$1,400
0.7% YoY Growth
1-Bed Rent
$1,100
3.3% YoY Growth
2-Bed Rent
$1,300
1.4% YoY Growth
3-Bed Rent
$2,000
6.8% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — East Central, Spokane, WA

As of May '26, the median home price in East Central, Spokane, WA is $319,000, with a year-over-year change of -1.3%. This indicates that home prices in East Central, Spokane, WA are decreasing. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$319,000-1.3%
Single Family $320,000-1.2%
Condos $297,000-1.0%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • $227,000
    -2.6%
    2 Bed
    		$277,000-1.1%
    3 Bed
    		$338,000-0.9%
    4 Bed
    		$370,000-0.3%
    5 Bed $417,863-0.4%
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    % of Housing Stock

    Studio
    5.8%
    1 Bedroom
    18.6%
    2 Bedrooms
    34.0%
    3 Bedrooms
    25.6%
    4 Bedrooms
    10.6%
    5+ Bedrooms
    5.4%

    Rental Trends — East Central, Spokane, WA

    As of July '25, Rentcast reports the average rent in East Central, Spokane, WA is $1,490, with a year-over-year rent change of 0.7%. Per bedroom, the median rent as of July '25 in East Central, Spokane, WA is studios: $1,020, 1-bedrooms: $1,240, 2-bedrooms: $1,410, 3-bedrooms: $2,050, 4-bedrooms: $1,750. The most common rental property sizes in East Central, Spokane, WA are 2-bedroom and 1-bedroom, accounting for 36.0% and 29.1% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,400$1,490
    Studio Rent $980$1,020
    1 Bed Rent $1,100$1,240
    2 Bed Rent $1,300$1,410
    3 Bed Rent $2,000$2,050
    4 Bed Rent $1,750$1,750
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    % of Rental Stock

    Studio
    11.6%
    1 Bedroom
    29.1%
    2 Bedrooms
    36.0%
    3 Bedrooms
    17.4%
    4 Bedrooms
    2.9%
    5+ Bedrooms
    3.1%

    Property Listings — East Central, Spokane, WA

    As of May '26, Realtor.com reports that the median days on market for a home in East Central, Spokane, WA is 37. This is a increase of 25.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$339,000-8.0%
    Listing Count
    		9012.0%
    Listings as % of Homes0.5%12.0%
    Days on Market
    		3725.0%
    Loading chart...

    Demographics — East Central, Spokane, WA

    As of the latest ACS Survey released in 2023, East Central, Spokane, WA has a population of 20,000, which has decreased by -3.3% over the past 5 years. East Central, Spokane, WA is a moderately popular place for families, as children make up 15.6% of the population. The area has a moderately educated workforce, with 32.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 16.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		20,000-3.3%
    % Under 18
    		15.6%-2.5%
    % Seniors
    		13.9%18.8%
    % WFH
    		16.3%167.2%
    % w/ College Degree
    		32.9%40.6%
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    As of the latest ACS Survey released in 2023, East Central, Spokane, WA is a predominantly white area, with 74.2% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in East Central, Spokane, WA is hispanic, making up 9.8% of the population. Foreign-born residents account for 7.6% of the population in East Central, Spokane, WA, and this percentage has decreased by 24.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		74.2%0.4%
    % Black
    		2.8%-31.7%
    % Hispanic
    		9.8%-1.0%
    % Asian
    		3.8%-13.6%
    % Foreign Born
    		7.6%-24.0%
    Loading chart...

    Mortgage and Risk — East Central, Spokane, WA

    According to HUD data as of 2023, there were 263 mortgage originations in East Central, Spokane, WA, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in East Central, Spokane, WA. Investor activity is low, as 1.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		263
    % Conventional Loans
    		71.0%
    % Government Loans
    		29.0%
    % Investor Loans
    		1.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — East Central, Spokane, WA

    As of 2024, the percent of homes in East Central, Spokane, WA under the Section 8 program is 21.8%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in East Central, Spokane, WA, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		938
    Total Units Section 8
    		867
    % Rentals under Section 8
    		21.8%
    % Occupied Section 8
    		87.8%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$30$1,100$1,070
    2 Bedroom$70$1,300$1,370
    3 Bedroom-$110$2,000$1,890
    4 Bedroom$470$1,750$2,220

    Affordability — East Central, Spokane, WA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio5.4
    Median Home Price$319,000
    Median Household Income$61,300

    East Central, Spokane, WA — ZIP Code Boundary Map

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    Frequently Asked Questions