House Prices

Five Mile Prairie Spokane, WA House Prices & Home Values 2026


Average Data

average house price$447,358
average size per house2652 ft²
average price per ft²179 $ / ft²

04/05/2026 - The value range (VR) for house prices in Five Mile Prairie Spokane, WA is $170.05/ sqft to $187.95/ sqft. An average home with 2652 sqft costs approximately $478,482 to $528,849. Spokane, WA includes 1 ZIP codes and it is located in Spokane county. The lowest prices are found in ZIP 99208, while the highest are in ZIP 99208. The average price per sqare feet is $179. Our analysis is based on 12 property listings.

Avergage prices by ZIP codes Five Mile Prairie Spokane

99208168 $ / ft²




Historical development of home values in Five Mile Prairie Spokane

Year Estimated value (USD) Change vs. 2025
2010 $207,761 -53.6%
2011 $199,727 -55.4%
2012 $199,189 -55.5%
2013 $206,634 -53.8%
2014 $216,909 -51.5%
2015 $228,042 -49.0%
2016 $239,943 -46.4%
2017 $252,893 -43.5%
2018 $266,875 -40.3%
2019 $279,249 -37.6%
2020 $293,685 -34.4%
2021 $334,035 -25.3%
2022 $389,410 -13.0%
2023 $410,651 -8.2%
2024 $434,407 -2.9%
2025 $447,358 0.0%

Graph: estimated home values in Five Mile Prairie Spokane over time (USD)



Example: 100% financing house in Five Mile Prairie Spokane

Loan amount: $447,358

Interest rate: 6.37%

Fixed monthly payment: $2,788.30

Breakdown in the 1st month:
Interest portion: $2,373.23  –  Principal portion: $415.06

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $28,330.88 $5,128.71 $442,229.29
2 $27,994.69 $5,464.90 $436,764.40
3 $27,636.46 $5,823.12 $430,941.27
4 $27,254.76 $6,204.83 $424,736.44
5 $26,848.02 $6,611.57 $418,124.87
6 $26,414.63 $7,044.96 $411,079.91
7 $25,952.83 $7,506.76 $403,573.15
8 $25,460.76 $7,998.83 $395,574.32
9 $24,936.43 $8,523.16 $387,051.16
10 $24,377.73 $9,081.86 $377,969.30
11 $23,782.41 $9,677.18 $368,292.12
12 $23,148.06 $10,311.53 $357,980.59
13 $22,472.13 $10,987.46 $346,993.13
14 $21,751.90 $11,707.69 $335,285.44
15 $20,984.45 $12,475.14 $322,810.30
16 $20,166.70 $13,292.89 $309,517.41
17 $19,295.34 $14,164.25 $295,353.15
18 $18,366.86 $15,092.73 $280,260.43
19 $17,377.52 $16,082.07 $264,178.36
20 $16,323.33 $17,136.26 $247,042.10
21 $15,200.04 $18,259.55 $228,782.55
22 $14,003.11 $19,456.48 $209,326.08
23 $12,727.73 $20,731.86 $188,594.22
24 $11,368.74 $22,090.85 $166,503.37
25 $9,920.67 $23,538.92 $142,964.45
26 $8,377.68 $25,081.91 $117,882.54
27 $6,733.54 $26,726.05 $91,156.49
28 $4,981.63 $28,477.96 $62,678.53
29 $3,114.88 $30,344.71 $32,333.82
30 $1,125.77 $32,333.82 $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 Five Mile Prairie Spokane, WA


1500 sqft3900 sqft
Ø selling price$344,703$733,278
Ø fast selling$313,367$659,950
Ø high price sale$376,040$806,605

In 2026, houses in Five Mile Prairie Spokane, WA will be offered at an average price of $179 per square foot. A 1,500 sqft home priced at $344,703 is 24.40% more expensive per square foot than a 3,900 sqft home priced at $733,278. Home prices in Five Mile Prairie Spokane, WA vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $507,654. Sellers who can wait longer may achieve a higher price of up to $620,466.


Guide to Five Mile Prairie in Spokane, WA

Overview

Five Mile Prairie is a sought?after neighborhood perched on a scenic plateau in north Spokane, Washington.
Its elevated setting delivers sweeping views of the city, pine?fringed hills, and dramatic sunsets. Residents choose Five Mile Prairie for its blend of quiet residential streets, natural beauty, and quick access to urban amenities.

Lifestyle and Community

The neighborhood feels peaceful and family?friendly, with cul?de?sacs, sidewalks, and plenty of joggers and dog walkers. Neighbors organize seasonal block gatherings and yard sales, fostering a close, welcoming community. Low through?traffic and well?kept landscaping add to the retreat?like atmosphere.

Housing and Real Estate

Housing on Five Mile Prairie ranges from newer construction and custom builds to classic Northwest ranch and craftsman styles. Many homes feature larger lots, three?car garages, and decks designed to capture the views. Buyers appreciate the variety of price points for move?in?ready homes, while sellers benefit from steady demand and limited inventory. Search phrases like ?Five Mile Prairie homes for sale? and ?Spokane WA real estate? frequently lead shoppers to this hillside market.

Parks, Trails, and Outdoor Recreation

Outdoor lovers frequent Sky Prairie Park for playfields, open lawns, and roomy walking paths. Bluff?top trail access around the prairie offers quick hikes and bike rides with panoramic city outlooks. Nearby rivers, golf, and nature areas across North Spokane expand the recreation menu in all seasons.

Schools and Services

The area is served by well?rated public and private schools, with convenient options for preschool and after?school care. Essential services include close?by healthcare clinics, fitness centers, and everyday conveniences like pharmacies. Local libraries and enrichment programs support students, remote workers, and lifelong learners.

Shopping, Dining, and Connectivity

Everyday needs are easily met at the Five Mile Shopping Center and larger retail hubs at the North Division ?Y? and Wandermere.
Dining ranges from casual coffee stops and take?out to sit?down restaurants a short drive away. Commuters enjoy direct routes to Downtown Spokane and North Side employers, with Spokane International Airport typically 20?25 minutes away depending on traffic. While public transit is limited atop the prairie, road access is straightforward, and winter maintenance keeps the main arterials moving.



FAQ – Home Values in Five Mile Prairie Spokane

What is the median home value in Five Mile Prairie Spokane in 2026?

In 2026, the typical home value in Five Mile Prairie Spokane is about $447,358 for an average home size of 2652 square feet. This corresponds to an average price of roughly $179 per square foot.

What is the average cost per square foot in Five Mile Prairie Spokane?

In 2026, homes in Five Mile Prairie Spokane sell for an average of around $179 per square foot, with a typical range between $170.05 and $187.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Five Mile Prairie?

The average home size in Five Mile Prairie Spokane is about 2652 square feet, with an estimated 2026 value around $447,358.



Neighborhoods close to Five Mile Prairie Spokane, WA

Millwood Spokane, WA137 $ / ft²
North Richland Richland, WA138 $ / ft²
Logan Spokane, WA148 $ / ft²
Northside Pullman, WA290 $ / ft²
Lincoln Vancouver, WA211 $ / ft²
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