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.
Home Trends in Peaceful Valley, WA
On average, homes in Peaceful Valley, Spokane sell after 13 days on the market compared to the national average of 51 days. The median sale price for homes in Peaceful Valley, Spokane over the last 12 months is $341,250, up 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 Townhouse Sale Price
$400,000
Median 2 Bedroom Sale Price
$619,950
Average Price Per Sq Ft
$302
Number of Homes for Sale
4
Last 12 months Home Sales
8
Median List Price
$394,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%