Spokane, WA Real Estate
According to census data in the year 2000 there were 88,094 housing units in Spokane.
This represents a 10.3% growth from 79,875 in 1990.
Of those housing units, 87,675 were located in either urbanized areas or urban clusters, and 419 were located in what is classified as a rural area.
Homeownership rate in Spokane is about 58.9%.
Spokane's vacancy rate, including seasonal lodging, is about 7.3%.
Average household size is 2.33 people.
The majority of houses, apartments or condos in Spokane were built after 1955.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 4.50% |
| One Bedroom | 16.40% |
| Two Bedrooms | 33.50% |
| Three Bedrooms | 27.70% |
| Four Bedrooms | 13.40% |
| Five Bedrooms or more | 4.40% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.5 |
| Median year structure was built | 1953 |
| Median Value of occupied units | $97,000 |
| Median Price asked for vacant units | $79,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.08 |
| Median year structure was built | 1961 |
| Median Monthly Rent asked for vacant units | $439 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 10.10% |
| Home Equity Loan | 5.60% |
| Simple Mortgage | 55.90% |
| Debt Free | 28.20% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.8% |
