Pros and Cons of Living in Spokane Valley, Washington

Published:
March 17, 2025
Last updated:
March 17, 2025
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The city of Spokane Valley, Washington has become increasingly popular among those who are relocating and seeking a new place to call home.

From 2010 to 2023, the city’s population grew from approximately 89,000 to 109,000 residents, a testament to its popularity and attractions.

But is it the right place for you?

This guide breaks down some of the pros and cons of living in Spokane Valley, Washington, including such factors as home prices, recreational opportunities, climate, and more.

Spokane Valley, Washington Overview

Let’s start by clearing up the geographical terminology used throughout this guide, for those who aren’t familiar with the area.

  • Spokane and Spokane Valley are distinct, incorporated cities located in Spokane County, Washington. They are not the same entity.
  • Spokane is the larger, more established city with a population of nearly 230,000 people, making it the second-most populous city in Washington.
  • Spokane Valley, on the other hand, is a younger city that was incorporated in 2003. It has a population of around 108,000 based on a 2023 estimate.
  • Spokane Valley was formed from previously unincorporated areas east of Spokane. Think of it as a suburb that grew into a city of its own.
  • In short: they are neighboring cities located within the same metropolitan area.

Incorporated in 2003, Spokane Valley is the third-largest city in the county. Spokane Valley real estate includes a mix of residential neighborhoods, commercial centers, and light industrial zones. The city is located near Interstate 90, which offers easy access to regional destinations and employment hubs.

The Spokane Valley housing market offers a variety of housing options, from single-family homes to apartments and townhouses. The median home price was around $395,000 in early 2025, slightly higher than the national average.

The city’s location in the Inland Northwest means it experiences four distinct seasons, with warm summers and cold, snowy winters.

The Pros of Living There

For many people, including long-time residents, Spokane Valley is a great place to live. Here are some of the things you might like about buying a home in Spokane Valley.

1. It has affordable housing prices compared to many cities.

While housing costs have risen in recent years, Spokane Valley generally offers more affordable housing options compared to larger cities in the Pacific Northwest.

When this report was published, the median home price for the city of Seattle was more than double the median price for Spokane Valley. So, the Spokane Valley cost of living is much lower than nearby Seattle.

For the sake of comparison, here were the median home values in early 2025:

  • Spokane Valley, WA: $395,425
  • Seattle, WA: $842,068
  • Portland, OR: $522,596
  • Washington State: $589,599

As you can see, home prices in Spokane Valley tend to fall below the statewide median. This makes it an affordable housing market by both regional and statewide standards.

2. You’ll find natural beauty everywhere you go.

A lot of cities claim to offer “natural beauty” and scenery. But if you spend two minutes using Google Images, you’ll find that Spokane Valley truly lives up to that claim.

Spokane Valley is nestled within the scenic Inland Northwest, boasting the flowing Spokane River and access to lush surrounding forests and hills. With four distinct seasons, residents can enjoy stunning autumn foliage, snowy winters, and spring and summer greenery.

3. There’s plenty of outdoor recreation.

Like the great outdoors? If so, you’ll love living in Spokane Valley.

The Spokane River and Centennial Trail offer opportunities for hiking, biking, fishing, and kayaking. A short drive away, you’ll find several lakes, mountains, and forests with activities that range from skiing to camping.

For those who value an active outdoor lifestyle, moving to Spokane Valley is ideal.

4. The city has a growing commercial and retail sector.

Spokane Valley has seen significant growth in its commercial and retail sector in recent years. This includes new shopping centers, restaurants, and entertainment venues, providing residents with a wider range of options.

This growth also contributes to local job opportunities. The Spokane Valley job market is plentiful for those looking to relocate for work.

5. It’s a family-friendly place to live.

The city’s relatively low crime rate and numerous parks and recreational facilities make it an attractive place for families. Spokane Valley schools (Central Valley and West Valley School Districts), also make it a great place for families. You’ll find plenty of single-family homes with yards, most of which are fairly affordable.

The Potential Cons or Downsides

For a well-rounded view, let’s shift gears now and talk about some of the potential drawbacks or cons to living in Spokane Valley, Washington.

1. Winter weather can be challenging.

The winter months can bring prolonged periods of snow. Many people move to and live in Spokane Valley for this very reason, especially those who like winter sports.

But for others, the heavy snowfall could be a drawback or an inconvenience. Residents should be prepared for challenging driving conditions and potential disruptions during winter.

2. Municipal growing pains.

As Spokane Valley continues to grow, it faces the usual challenges related to infrastructure, traffic, and urban sprawl. Increased development can lead to traffic congestion, particularly during peak hours, and may strain existing infrastructure.

The city’s official website has a long-range growth plan you can peruse, if you’re concerned about or interested in the subject.

3. Air quality can be unpredictable at times.

During the summer months, Spokane Valley can experience poor air quality due to wildfires in the region. Additionally, temperature inversions during the winter can trap pollutants, leading to localized air quality concerns.

4. The job market is limited.

While the local job market is growing, it’s still not as diverse or robust as in larger metropolitan areas. Certain industries may have limited opportunities, and residents may need to commute to Spokane or elsewhere for work.

A Word About Mortgage Rates in Spokane Valley

Mortgage rates in Spokane Valley are relatively high, though slightly lower than where they were last year. According to recent data, rates in Spokane Valley are as follows:

  • 30-year fixed rate: 6.45%
  • 15-year fixed rates: 5.68%
  • 5/1 ARM: 6.61%

Every city has its perks and drawbacks, and Spokane Valley is no different. We hope this guide of the pros and cons of living in Spokane Valley helps you make an informed decision about whether or not it’s right for you.

Need Financing?

Are you looking to buy in Spokane Valley, WA? If so, we can help. Samantha Mortgage has been helping borrowers in WA, OR, ID, CO, and CA for over three decades, providing several loan options to suit each borrower. Please contact us today or visit our website to get an instant rate quote.

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