Why Live in Peaceful Valley
Peaceful Valley in Spokane is a secluded riverside neighborhood just downriver from Downtown Spokane and its iconic falls. This historic area, once a salmon fishery for the Spokane Tribe, features a mix of small, older cottages dating back to the early 1900s, and modern apartments and townhouses. Homes are compact, typically ranging from 700 to 1,400 square feet. The neighborhood's limited commercial presence ensures a tranquil residential atmosphere, yet residents enjoy easy access to downtown shopping and dining options, including River Park Square Shopping Mall and the Roseaurs Supermarket in nearby Browne’s Addition. Public schools in the area are highly rated, with Sacajawea Middle School and Lewis and Clark High both receiving strong grades. Peaceful Valley is rich in outdoor and recreational spaces, with Redband Park offering river access, athletic fields, and a playground, while People’s Park features scenic riverside trails and connects to the Centennial Trail. The neighborhood is also adjacent to the Northwest Museum of Arts and Culture, the largest cultural organization in the Inland Northwest. Despite its tucked-away feel, Peaceful Valley is well-connected to the rest of Spokane via several bus routes, Interstate 90, and is just 6 miles from Spokane International Airport. The neighborhood's safety is comparable to the national average, providing a balanced living environment for its residents.
Frequently Asked Questions
Is Peaceful Valley a good place to live?
Peaceful Valley is a good place to live. Peaceful Valley is considered somewhat walkable and bikeable with good transit options. Peaceful Valley is a suburban neighborhood. Peaceful Valley has 6 parks for recreational activities. It is somewhat dense in population with 7.9 people per acre and a median age of 40. The average household income is $58,266 which is below the national average. College graduates make up 38.2% of residents. A majority of residents in Peaceful Valley are renters, with 73.2% of residents renting and 26.8% of residents owning their home. A
local real estate agent serving Peaceful Valley can help you decide if this neighborhood is the right one for you. Learn more on our
Peaceful Valley neighborhood guide.
How much do you need to make to afford a house in Peaceful Valley?
The median home price in Peaceful Valley is $369,950. If you put a 20% down payment of $74,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,840 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $79K a year to afford the median home price in Peaceful Valley. The average household income in Peaceful Valley is $58K.
What are the best public schools in Peaceful Valley?
The best public schools that serve Peaceful Valley are:
What are the best private schools in Peaceful Valley?
The best private schools that serve Peaceful Valley are:
What are the most popular zip codes in Peaceful Valley, Spokane, WA?
What are the most popular neighborhoods near Peaceful Valley, Spokane, WA?
Home Trends in Peaceful Valley, WA
On average, homes in Peaceful Valley, Spokane sell after 10 days on the market compared to the national average of 52 days. The median sale price for homes in Peaceful Valley, Spokane over the last 12 months is $341,250, down 5% from the median home sale price over the previous 12 months.
Median Sale Price
$341,250
Median Single Family Sale Price
$332,500
Median 2 Bedroom Sale Price
$769,000
Average Price Per Sq Ft
$325
Number of Homes for Sale
2
Last 12 months Home Sales
8
Median List Price
$369,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-5%