Why Live in Millwood
Millwood, Washington, is a historic community originally developed by the Inland Empire Paper Company in 1911. The area is known for its mature trees and diverse architectural styles, including American colonial, English Tudor, and Craftsman bungalows, many of which are part of the Millwood Historic District. The district features homes built between the 1920s and '40s, with some properties listed on the National Register of Historic Places. Millwood has its own water system and local government, separate from Spokane Valley. Argonne Road serves as the commercial hub, offering attractions such as Corner Door Fountain & Books, Rocket Bakery, and Joe’s House. Residents enjoy outdoor activities along the Spokane River, including kayaking and biking on the Centennial Trail, which connects to various parks and extends to Couer d’Alene. Millwood Park is central to the community, providing spaces for picnics, sports, and a farmers market. For more expansive outdoor adventures, the Selkirk Mountains and Mount Spokane State Park are nearby. Students attend West Valley High, which has high ratings. Millwood is safer than the national average, and while it is walkable, most residents drive to access broader Spokane Valley amenities.
Home Trends in Millwood, WA
On average, homes in Millwood, WA sell after 35 days on the market compared to the national average of 51 days. The median sale price for homes in Millwood, WA over the last 12 months is $375,737, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$375,737
Median Single Family Sale Price
$415,000
Average Price Per Sq Ft
$261
Number of Homes for Sale
3
Last 12 months Home Sales
11
Median List Price
$425,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-1%