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Medical Lake

Medical Lake

Located in Spokane County

$400,564 Average Value
$247 Average Price per Sq Ft
24 Homes For Sale

Medical Lake is a scenic lakeside town in a convenient location

Medical Lake is a semirural, suburban community west of Spokane founded as a resort town in the late 19th century. By the 1930s, the resorts' popularity had waned, but the construction of nearby Fairchild Air Force Base in 1942 brought a surge of residential development to the area. "Military families move there because of the base, and retirees go there for the lake and the slower pace of life," says local Realtor Steven Silbar of John L. Scott Realty. "It's also close enough to Spokane and Airway Heights for convenient shopping."

From midcentury ranches to luxury waterfront homes

Most of Medical Lake's homes date from the 1950s or later. Housing styles range from midcentury ranch-style homes to modern subdivisions and upscale properties along the waterfront. Properties often come with larger yards or even a bit of acreage. It's not uncommon for incoming residents to purchase a plot of land and build their own home. Most homes in the area sell for between $400,000 and $800,000, while lots can go for anywhere from $50,000 to over $200,000.

Recreation centers around local lakes

Most retail in Medical Lake can be found along Lefevre Street, which runs north-south through the center of town. This includes the local supermarket, Lakes Harvest Foods, and a few restaurants and smaller shops. Those looking for additional shopping options can find them in Airway Heights, about 8 miles away, while residents looking to enjoy a nice night out are more likely to head to Spokane. Military employees in the area also tend to do a fair bit of shopping at the on-base Fairchild Commissary and Fairchild Main Exchange.

Limited shopping and dining on Lefevre Street

There are a number of city parks scattered around the community, many of which are located along the shores of its namesake lake. "The lake is a big part of life," says Silbar. "Boating, fishing, swimming, they're all popular. And community events tend to be held along the waterfront." Waterfront Park is 45 acres on the south side of the lake and has picnic areas, a playground, a swimming beach and a boat launch. It's also the southern starting point of the 3-mile Medical Lake Trail, which runs along the west side of the lake, connecting to other parks.

Medical Lake's public schools

The public schools in the area are overseen by the Medical Lake School District, which has a B-plus grade on Niche. Anderson Elementary School has an A-minus, while Medical Lake Middle School has a B-plus. Medical Lake High School has a B rating, and offers dual enrollment courses through Eastern Washington University and Spokane Falls Community College.

Easy access to Spokane, the airport and Fairchild AFB

State Route 902 is the major arterial road in town, overlapping with the main local road, Lefevre Street. It's about 15 miles from central Medical Lake to downtown Spokane via Route 902 and Interstate 90, and a little less than 12 miles to Spokane International Airport. The Spokane Transit Authority's Route 62 bus connects Medical Lake to Spokane, with most stops concentrated along the 902. Fairchild Air Force Base, one of the largest employers in the area, is about 10 miles north of central Medical Lake.

Medical Lake's farmers market

Medical Lake hosts various community events, including Founder's Day, Fall Festival, Winter Festival and the Trailblazer 5K. The Medical Lake Farmers Market is held on Lefevre Street on the first and third Saturdays of warmer months.

The Gray Fire

The 2023 Gray Fire began in Medical Lake in August 2023 and burned over 10,000 acres and 250 structures. The fire, which was started by a faulty street light, burned for nearly two weeks before it was contained. Wildfire remains a risk in the area, but a more common issue is air pollution from summer wildfires closer to the coast, which has become a recurring problem in the greater Spokane area.

Andrew Moreno
Written By
Andrew Moreno

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Medical Lake Housing Trends

Housing Trends

Median List Price
$474,950
Median Sale Price
$434,000
Median Single Family Sale Price
$480,000
Median Change From 1st List Price
2%
Last 12 months Home Sales
89
Median Home Sale Price YoY Change
8%
Average Price Per Sq Ft
$247

Neighborhood Facts

Number of Homes for Sale
24
Months of Supply
3.20

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Medical Lake Has More Owners

Demographics

Total Population
3,608
Median Age
41
Population under 18
22.6%
On par with the national average
23.8%
Population over 65
18.7%
On par with the national average
19.1%

Finances

Median Household Income
$83,377
Above the national average
$71,702
Average Household Income
$85,736

Education and Workforce

High School Graduates
95.8%
College Graduates
33.6%
Advanced Degrees
6.2%
Below the national average
13.3%
% Population in Labor Force
54.8%
Below the national average
65.1%

Weather

Annual Precipitation
17''
Average Winter Low Temperature
21°F
Average Summer High Temperature
82°F
Annual Snowfall
22''

Area Factors

Somewhat Bikeable

Bike Score®®

44 / 100

Car-Dependent

Walk Score®®

38 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Medical Lake
Jo Skipper
American R.E. Associates, Inc
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