Located about ten miles east of Spokane, Spokane Valley is a city of just under 100,000 inhabitants on the Spokane River in eastern Washington. Although settled in the mid-19th century as part of Spokane, it wasn't incorporated as its own city until 2003. Spokane Valley has 24 constituent neighborhoods offering diverse housing options. There are working-class homes near the city's center, and middle-income homes can be found throughout the area. There are also several upper-income homes, from riverfront high-rises to lake homes in the suburbs. With its diverse economy, great proximity to downtown Spokane, temperate climate, and natural beauty, Spokane Valley has much to offer.
Save this search & be the first to know when new listings hit the market!
Called "The Valley" by locals, Spokane Valley is a picturesque place. Imagine evening walks along the river or meandering along sandy paths while surrounded by the clean smell of towering pines. Whether you settle in a city neighborhood like Orchard Park or desire something further to the north or south, natural beauty is always close at hand. As is fairly common in waterfront communities, many of the neighborhoods in Spokane Valley contain working-class, middle-income, and upper-income residences. Orchard Park, for example, is considered a working-class neighborhood as measured by average per capita income, but it contains some beautiful waterfront homes as well. This is true for many of the city neighborhoods, particularly those bordering the river, such as Greenacres and Veradale. While much of the housing in Spokane Valley was built between 1970 and 1999, new developments continue to spring up throughout the area to meet the growing population demands.
The Spokane Valley area also has numerous lakefront options, such as the Newman Lake area just north of the city. Newman Lake is a rural community with one of the highest average housing costs in The Valley - around $350,000. It contains large, newer, single-family homes on large lots and is one of the quietest, most sparsely populated neighborhoods in the country. Other northern neighborhoods include Otis Orchards and Trentwood, which are both convenient to the Interstate 90 corridor running into Spokane. This corridor also contains a prime shopping area is considered the best shopping area in all of Spokane. You can find upscale neighborhoods south of the city as well, such as the lovely Mica neighborhood. With an average housing cost of around $285,000, Mica is not quite as upscale as Newman Lake, but it is one of the most desirable neighborhoods in Spokane Valley and has one of the lowest vacancy rates of any neighborhood in the United States. Mica and the surrounding areas, such as the nearby Dishman neighborhood, are comprised mostly of large middle-class homes that are less than 50 years old, but some new developments are being built to meet the area's housing demands. With this much diversity in housing and economy, natural beauty, and a modest cost of living, Spokane Valley is truly a lovely community in which to settle.