How much is a home worth in ZIP code 99202?

The typical home in 99202 is worth $314,723, based on the Zillow Home Value Index.

Are home values rising in 99202?

Home values in 99202 are down 1.2% over the past year, and up 3.3% a year over five years.

What is the typical rent in 99202?

A typical home in 99202 rents for about $1,473 a month, a gross rental yield of 5.6%.

What is the property tax rate in 99202?

The effective property tax rate in 99202 is 0.8% — roughly $2,407 a year on a typical home.

ZIP code 99202 has a population of 19,921 and a median household income of $65,189.

HousingHandbookReference data

…

U.S. ZIP Code · WA99202

Spokane County · Spokane-Spokane Valley, WA

Typical home value

$314,723^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.2%
5-year / yr: +3.3%
10-year / yr: +9.7%

Relative price

vs U.S.: +10.8%
vs metro: -25.9%
vs state: -37.5%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 99202 is worth $314,723 — 25.9% below the Spokane-Spokane Valley, WA median. Over the past year, values have fallen 1.2%. Homes here rent for a typical $1,473 a month — a 5.6% gross rental yield. The effective property tax rate is 0.8%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,473^[2]
Gross yield: 5.6%^[2]
Cap rate: 3.4%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.8%^[3]
Typical annual tax: $2,407^[3]

#Climate risk

FEMA National Risk Index ratings for Spokane County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Relatively Moderate
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Relatively Low
Winter weather: Relatively High

#Who lives here

Population: 19,921^[3]
Median household income: $65,189^[3]

#Migration

Household moves in and out of Spokane County over a year, from IRS tax-return data.

Net migration: +581^[5]
Moved in: 12,260
Moved out: 11,679

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 8
Elementary: 4
Middle: 0
High: 3

PRIDE Prep School
High · Grades 6–12 · PRIDE Prep Charter School District
443 students
Stevens Elementary
Elementary · Grades PK–5 · Spokane School District
404 students
Frances Scott Elementary
Elementary · Grades PK–6 · Spokane School District
376 students
Grant Elementary
Elementary · Grades PK–6 · Spokane School District
319 students
Libby Center
Elementary · Grades K–8 · Spokane School District
287 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield5.6%

Net yield (after ~40% expenses)3.4%

Annual rent$17,675

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,591

Loan principal$251,778

Down payment$62,945

Total interest paid$321,129

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.39

Monthly cost to own$2,053

Monthly rent$1,473

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 11th percentile^[1]
Rental yield: 95th percentile^[2]
Property tax: 61st percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

8th for highest rental yield in WAView list →

Frequently asked

How much is a home worth in ZIP code 99202?: The typical home in 99202 is worth $314,723, based on the Zillow Home Value Index.
Are home values rising in 99202?: Home values in 99202 are down 1.2% over the past year, and up 3.3% a year over five years.
What is the typical rent in 99202?: A typical home in 99202 rents for about $1,473 a month, a gross rental yield of 5.6%.
What is the property tax rate in 99202?: The effective property tax rate in 99202 is 0.8% — roughly $2,407 a year on a typical home.
Who lives in 99202?: ZIP code 99202 has a population of 19,921 and a median household income of $65,189.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

99018 vs 99202 →
Latah, WA
Typical home
$316,226
Gross yield
—
99173 vs 99202 →
Springdale, WA
Typical home
$311,618
Gross yield
—
99205
Spokane, WA
Typical home
$323,531
Gross yield
5.6%
99201
Spokane, WA
Typical home
$329,018
Gross yield
4.3%
99114
Colville, WA
Typical home
$337,668
Gross yield
—
99109
Chewelah, WA
Typical home
$347,213
Gross yield
—

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#Jump to section

U.S. ZIP Code · WA99202

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