South Hill

Spokane, WA

Neighborhood Market Analysis

Q3 2025 Report
$422,250 (April 2025)
Median Home Price
60-75 (varies by micro-location; higher near shopping/dining hubs)
Walkability Score
Generally above average for Spokane; several schools rated 7-9/10 on GreatSchools.
School Rating

Location Overview

Neighborhood Boundaries

South Hill is generally defined as the area south of I-90, stretching from the edge of downtown Spokane up to 57th Avenue, and bounded by High Drive on the west and Perry Street on the east.

Zip Codes

992039922399204

Market Data Summary

Price RangeMost homes range from $375,000 to $600,000, with luxury properties exceeding $800,000.
Price per Sq Ft$326 (April 2025)
Inventory LevelsVery low; homes sell rapidly (100% within 30 days in April 2025), with occasional seasonal surges in listings[3][4].

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesTownhomesCondos (limited supply)

Architectural Styles

CraftsmanMid-century modernContemporaryHistoric bungalowsTraditional Northwest

Property Details

Typical Lot Sizes0.15 to 0.35 acres, with larger lots in older sections.
Home Age Range1900s to 2020s; many homes built between 1920 and 1970, with pockets of new construction.
Construction QualityGenerally high, with well-maintained historic homes and quality newer builds.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of established families, young professionals, and retirees. Higher median household income than Spokane average.

Community Vibe

Established, leafy, and residential with a strong sense of community and neighborhood pride.

Typical Residents

  • Families
  • Professionals
  • Retirees

Family Friendly

Very family-friendly; popular with households seeking good schools and parks.

Amenities & Lifestyle

Parks & Recreation

  • Manito Park
  • Comstock Park
  • High Drive Bluff trails
  • Cannon Hill Park

Dining Options

  • Luna
  • Twigs Bistro
  • Republic Pi
  • The Park Inn

Shopping Centers

  • Huckleberry’s Natural Market
  • Lincoln Heights Shopping Center
  • Perry District shops

Local Businesses

  • Rockwood Bakery
  • Manito Tap House
  • The Scoop
  • Huckleberry’s Natural Market

Education & Schools

Generally above average for Spokane; several schools rated 7-9/10 on GreatSchools.
Overall School Rating

Elementary Schools

  • Jefferson Elementary
  • Wilson Elementary
  • Hamblen Elementary

Middle Schools

  • Sacajawea Middle School
  • Chase Middle School

High Schools

  • Lewis & Clark High School
  • Ferris High School

Private Schools

  • St. George’s School
  • Cataldo Catholic School

Transportation & Accessibility

Transit & Roads

Public Transit

  • Spokane Transit Authority (STA) bus routes 4, 45, 94

Major Roads

  • Grand Blvd
  • 29th Avenue
  • High Drive
  • Southeast Blvd

Commute & Walkability

Commute Times10-15 minutes to downtown Spokane by car; 20-30 minutes by bus.
WalkabilityGood in denser areas (Perry District, near Manito Park); car needed for most errands.
ParkingGenerally easy street and driveway parking, except near popular parks or business nodes.

Marketing Intelligence

Target Buyer Types

  • Move-up buyers
  • Young families
  • Medical professionals
  • Relocators from higher-cost metros

Key Selling Points

  • Top-rated schools
  • Historic charm and mature landscaping
  • Quick access to downtown
  • Vibrant local dining and parks

Pricing Considerations

Price competitively but expect strong offers if well-presented; overpricing can lead to stagnation even in a tight market.

Common Objections & Response Strategies

Objection: Prices are high compared to other Spokane neighborhoods.

Response Strategy:

Highlight long-term appreciation, school quality, and lifestyle amenities that justify the premium.

Objection: Older homes may require updates or maintenance.

Response Strategy:

Emphasize quality of construction, recent upgrades, and potential for customization; provide inspection reports and cost estimates.

Objection: Limited inventory and fast pace make it hard to buy.

Response Strategy:

Prepare buyers with pre-approval, flexible terms, and readiness to act quickly; leverage local agent expertise.

Investment Insights

Investment Potential

Appreciation Potential

Moderate but steady; forecasted 3.6% growth in 2025[2].

Rental Demand

Strong, especially for single-family homes and units near hospitals or universities.

Buyer Competition

High—homes sell quickly, often above asking price, with multiple offers common[3].

Best For

  • Families seeking top schools
  • Professionals wanting proximity to downtown
  • Investors seeking stable appreciation

Potential Concerns

  • Affordability for first-time buyers
  • Limited inventory
  • Older homes may need updates

Professional Recommendations

1

Educate buyers on fast-paced market and need for pre-approval.

2

Leverage professional staging and high-quality marketing materials.

3

Network with local agents for off-market opportunities.

4

Highlight neighborhood amenities, school ratings, and lifestyle benefits.

5

Prepare sellers for multiple-offer scenarios and appraisal gap strategies.

Competitive Analysis

Comparable Markets

  • Kendall Yards
  • North Spokane
  • West Central

Market Positioning

Premium, established neighborhood with broad appeal to families and professionals.

Competitive Advantages

  • Top schools
  • Historic homes and mature trees
  • Proximity to downtown and hospitals

Price Comparison

South Hill is more expensive than North Spokane and West Central, but less than Kendall Yards[2].

Investment Metrics

3.8% - 4.5% for single-family rentals (2025 est.)
Cap Rates
4% - 5% gross annual yield
Rental Yields
19-21 (higher than city average, reflecting owner-occupant demand)
Price-to-Rent
Positive for long-term holds, especially with strong tenant demand near hospitals and universities.
Cash Flow
3.6% for 2025[2].
Appreciation

Buyer Journey Insights

First-Time Buyers

Challenging due to price point; success more likely with strong financing and flexibility.

Move-Up Buyers

Ideal for those seeking larger homes, better schools, and lifestyle upgrades.

Downsizers

Attractive for retirees wanting walkable amenities and single-level living options.

Investors

Strong rental demand, but competition from owner-occupants keeps cap rates moderate.

Relocators

Popular for buyers from Seattle, Portland, and California seeking value and quality of life.

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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