Spokane County home assessments fall in 2024, but may not result in lower tax bills [Video]

SPOKANE, Wash. — Assessments from 2024 show that the average Spokane County home saw a decrease in value year-over-year, and this might mean that the market is leveling.

The value of the average house dropped from about $432,000 to about $429,000, which is a 0.72% decline.

This is the first decline in property value in the Spokane region in over a decade.

“It’s not really a large, large change,” Tom Konis, the Spokane County Accessor, said.

Konis told NonStop Local that the slight drop might be an indicator that the market is on the way to leveling out.

Homeowners across Spokane County will be getting their property assessments for the 2025 tax year mailed to them by the Accessor’s Office.

Many County residents are going to see the first decrease in years, but not everyone.

“It feels like it’s been shoved down your throat. ‘Here’s what your taxes [are]. Sorry …