House Prices & Home Values Cheney, WA 2026

Average Data

average house price	$336,995
average size per house	1957 ft²
average price per ft²	173 $ / ft²

04/05/2026 - The value range (VR) for house prices in Cheney, WA is $172/ sqft to $172/ sqft. An average home with 1957 sqft costs approximately $336,604 to $336,604. Cheney, WA includes 1 ZIP codes and it is located in Spokane county. The lowest prices are found in ZIP 99004, while the highest are in ZIP 99004. The average price per sqare feet is $173. Our analysis is based on 3 property listings.

Avergage prices by ZIP codes Cheney

99004

184 $ / ft²

Historical development of home values in Cheney

Year	Estimated value (USD)	Change vs. 2025
2010	$156,507	-53.6%
2011	$150,454	-55.4%
2012	$150,049	-55.5%
2013	$155,658	-53.8%
2014	$163,398	-51.5%
2015	$171,784	-49.0%
2016	$180,749	-46.4%
2017	$190,505	-43.5%
2018	$201,037	-40.3%
2019	$210,358	-37.6%
2020	$221,233	-34.4%
2021	$251,629	-25.3%
2022	$293,343	-13.0%
2023	$309,343	-8.2%
2024	$327,239	-2.9%
2025	$336,995	0.0%

Graph: estimated home values in Cheney over time (USD)

Example: 100% financing house in Cheney

Loan amount: $336,995

Interest rate: 6.00%

Fixed monthly payment: $2,020.46

Breakdown in the 1st month:
Interest portion: $1,684.98 – Principal portion: $335.48

Yearly breakdown (100% financing)

Year	Interest per year ($)	Principal per year ($)	Remaining balance at year-end ($)
1	$20,107.13	$4,138.34	$332,856.66
2	$19,851.88	$4,393.58	$328,463.08
3	$19,580.90	$4,664.57	$323,798.51
4	$19,293.19	$4,952.27	$318,846.24
5	$18,987.75	$5,257.71	$313,588.53
6	$18,663.47	$5,582.00	$308,006.53
7	$18,319.18	$5,926.28	$302,080.25
8	$17,953.66	$6,291.80	$295,788.44
9	$17,565.60	$6,679.87	$289,108.58
10	$17,153.60	$7,091.87	$282,016.71
11	$16,716.18	$7,529.28	$274,487.43
12	$16,251.80	$7,993.67	$266,493.76
13	$15,758.76	$8,486.70	$258,007.06
14	$15,235.32	$9,010.14	$248,996.92
15	$14,679.60	$9,565.87	$239,431.05
16	$14,089.59	$10,155.87	$229,275.18
17	$13,463.20	$10,782.26	$218,492.92
18	$12,798.18	$11,447.29	$207,045.64
19	$12,092.13	$12,153.33	$194,892.31
20	$11,342.54	$12,902.92	$181,989.39
21	$10,546.72	$13,698.75	$168,290.64
22	$9,701.81	$14,543.65	$153,746.99
23	$8,804.79	$15,440.67	$138,306.31
24	$7,852.44	$16,393.02	$121,913.29
25	$6,841.36	$17,404.11	$104,509.18
26	$5,767.91	$18,477.55	$86,031.63
27	$4,628.25	$19,617.21	$66,414.42
28	$3,418.31	$20,827.16	$45,587.26
29	$2,133.73	$22,111.73	$23,475.53
30	$769.93	$23,475.53	$0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.

How to sell in Cheney, WA

	1500 sqft	3900 sqft
Ø selling price	$313,995	$667,953
Ø fast selling	$285,450	$601,158
Ø high price sale	$342,540	$734,749

In 2026, houses in Cheney, WA will be offered at an average price of $173 per square foot. A 1,500 sqft home priced at $313,995 is 24.49% more expensive per square foot than a 3,900 sqft home priced at $667,953. Home prices in Cheney, WA vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $462,430. Sellers who can wait longer may achieve a higher price of up to $565,192.

Explore Cheney, WA

Cheney, Washington is a thriving small city in Spokane County known for its friendly community and convenient access to Spokane. Visitors and residents appreciate its blend of college-town energy, historic charm, and affordable living in Cheney, WA.

Education and Community

At the heart of Cheney is Eastern Washington University (EWU), which drives local culture, research, and athletics.
Tree-lined neighborhoods, parks, and a revitalized downtown support year-round things to do in Cheney, from cozy caf�s to farmers markets.

Outdoor Recreation

Outdoor enthusiasts explore the Turnbull National Wildlife Refuge, the Fish Lake Trail, and nearby lakes for hiking, biking, birding, and paddling.
Four-season weather brings snowy winter fun, brilliant Palouse sunsets, and warm summers ideal for festivals and patio dining.

Economy and Housing

Cheney?s economy blends higher education, healthcare, public sector jobs, and small businesses that serve both students and families.
Housing ranges from student apartments to single-family homes, with competitive prices that make Cheney, WA real estate a smart choice for first-time buyers and investors.

Getting Around and Events

Easy access to I-90, STA transit, and Spokane International Airport simplifies commuting, weekend trips, and business travel.
Signature events like the Cheney Rodeo, EWU Eagles games, and community parades showcase local pride and create memorable experiences.

FAQ – Home Values in Cheney

What is the median home value in Cheney in 2026?

In 2026, the typical home value in Cheney is about $336,995 for an average home size of 1957 square feet. This corresponds to an average price of roughly $173 per square foot.

What is the average cost per square foot in Cheney?

In 2026, homes in Cheney sell for an average of around $173 per square foot, with a typical range between $172 and $172 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Cheney is about 1957 square feet, with an estimated 2026 value around $336,995.

Locations close to Cheney, WA

Colbert, WA	198 $ / ft²
Deer Park, WA	156 $ / ft²
Edwall, WA	112 $ / ft²
Chattaroy, WA	172 $ / ft²
Airway Heights, WA	164 $ / ft²
Zillah, WA	168 $ / ft²

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