North Hill

Spokane, WA

Neighborhood Market Analysis

Q3 2025 Report
$325,000–$330,000 (June 2025)
Median Home Price
62 (Somewhat Walkable)
Walkability Score
Generally average to above average; North Central High is well-regarded for STEM programs.
School Rating

Location Overview

Neighborhood Boundaries

North Hill is generally defined by Wellesley Ave (north), Division St (east), Garland Ave (south), and Ash St (west).

Zip Codes

99205

Market Data Summary

Price RangeMost homes sell between $280,000 and $375,000
Price per Sq Ft$165–$191 (up 7.5% YoY)
Inventory LevelsLow; most homes sell within 30 days, with only a few lasting 30–90 days[3]

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesDuplexesSmall multi-family

Architectural Styles

CraftsmanBungalowMid-centuryRanch

Property Details

Typical Lot Sizes0.12–0.20 acres
Home Age Range1920s–1960s, with some newer infill
Construction QualityGenerally solid, with many homes featuring updates; some properties may need modernization

Community Profile

Demographics & Lifestyle

Demographics

Diverse mix of young professionals, families, and retirees; median age mid-30s to early 40s.

Community Vibe

Established, neighborly, and unpretentious; strong sense of local pride.

Typical Residents

  • First-time buyers
  • Young families
  • Retirees
  • Long-term residents

Family Friendly

Yes; parks, schools, and quiet residential streets attract families.

Amenities & Lifestyle

Parks & Recreation

  • Franklin Park
  • Garland District
  • Corbin Park (nearby)

Dining Options

  • Ferguson's Cafe
  • The Milk Bottle
  • Several local coffee shops and diners

Shopping Centers

  • Garland District shops
  • NorthTown Mall (nearby)

Local Businesses

  • Garland Theater
  • Mary Lou's Milk Bottle
  • Little Garden Cafe

Education & Schools

Generally average to above average; North Central High is well-regarded for STEM programs.
Overall School Rating

Elementary Schools

  • Franklin Elementary
  • Audubon Elementary

Middle Schools

  • Glover Middle School

High Schools

  • North Central High School

Private Schools

  • St. Thomas More Catholic School (nearby)

Transportation & Accessibility

Transit & Roads

Public Transit

  • Spokane Transit Authority (STA) bus routes 24, 25, 26

Major Roads

  • Division St
  • Wellesley Ave
  • Ash St

Commute & Walkability

Commute Times10–15 minutes to downtown Spokane by car; 20–30 minutes by bus.
WalkabilityModerate; walkable to Garland District, parks, and some schools.
ParkingMostly street and driveway parking; generally sufficient except near Garland District events.

Marketing Intelligence

Target Buyer Types

  • First-time buyers
  • Young families
  • Remote workers
  • Investors

Key Selling Points

  • Walkability to local shops and dining
  • Historic charm and mature trees
  • Quick commute to downtown
  • Strong community vibe

Pricing Considerations

Price competitively; homes in good condition can command premium, but overpricing leads to longer days on market.

Common Objections & Response Strategies

Objection: Older homes may need repairs or updates.

Response Strategy:

Provide inspection reports, highlight recent upgrades, and offer home warranties.

Objection: Affordability concerns for entry-level buyers.

Response Strategy:

Showcase lower utility costs, potential for rental income, and down payment assistance programs.

Objection: Limited inventory and fast-moving market.

Response Strategy:

Prepare buyers for quick decision-making and have pre-approval ready.

Investment Insights

Investment Potential

Appreciation Potential

Steady, moderate appreciation (1.5–3% annually expected in 2025)[1][3][4]

Rental Demand

Consistently strong due to proximity to downtown and schools.

Buyer Competition

Moderate to high; 45% of homes sold over asking in recent months[3].

Best For

  • First-time buyers
  • Investors seeking stable returns
  • Families wanting established neighborhoods

Potential Concerns

  • Older homes may need updates
  • Affordability for some buyers
  • Occasional inventory shortages

Professional Recommendations

1

Educate buyers on fast-moving market and importance of pre-approval.

2

Emphasize North Hill’s value, walkability, and community vibe in marketing.

3

Stage homes to highlight workspace and outdoor living.

4

Network with local businesses for cross-promotion.

5

Monitor inventory closely and advise sellers on realistic pricing.

Competitive Analysis

Comparable Markets

  • South Hill
  • Kendall Yards
  • Audubon/Downriver

Market Positioning

Ideal for buyers seeking value, character, and proximity to amenities without premium pricing.

Competitive Advantages

  • More affordable than South Hill or Kendall Yards
  • Historic charm and walkability
  • Strong community identity

Price Comparison

North Hill median prices are $50K–$100K lower than South Hill and Kendall Yards.

Investment Metrics

5.5–6.5% for well-maintained rentals
Cap Rates
4.5–5.5% gross yield
Rental Yields
15–17
Price-to-Rent
Positive cash flow possible with 20% down and market rents
Cash Flow
1.5–3% annually through 2026
Appreciation

Buyer Journey Insights

First-Time Buyers

Accessible price points, walkable amenities, and community feel are attractive; competition is moderate, so readiness is key.

Move-Up Buyers

May seek larger homes or more modern features; limited inventory of larger homes may require flexibility.

Downsizers

Appealing for those wanting single-level living and walkability; smaller lot sizes and older homes may be a trade-off.

Investors

Strong rental demand and stable appreciation; focus on updated properties for best returns.

Relocators

Affordable alternative to West Coast cities; highlight lifestyle, amenities, and community.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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