Home prices
The value of the median home in Spanaway is $240,800. Compared to nearby areas this is approximately $14,780 (5%) lower.In comparison to the US as a whole it is roughly $23,300 (10%) higher, and it is about $422,300 (63%) lower in comparison to the city of Seattle.
Rents
Spanaway's median monthly rent is $1,251. It is about $68 (5%) lower compared to its surrounding areas.Compared to the US as a whole it is approximately $189 (17%) higher, and in comparison to the city of Seattle is approximately $363 (22%) lower.
Nearby places
Frederickson
Frederickson is Spanaway's neighbor to the east. Real estate prices there are a little more expensive. The median home in Frederickson is valued at $272,400, which comes out to $31,600 (11%) higher than Spanaway. Its rents are a little more expensive. Frederickson's median monthly rent is $1,674, which is $423 (25%) higher than Spanaway.
Parkland
Parkland is Spanaway's neighbor to the north. The real estate prices there are somewhat less expensive. The median home in Parkland is valued at $223,400, which works out to $17,400 (7%) lower than Spanaway. The rent there is a bit less expensive. Parkland's median rent is $1,106 per month, which comes out to $145 (13%) lower than Spanaway.
Elk Plain
Elk Plain is Spanaway's neighbor to the southeast. The real estate prices there are a bit less expensive. The median home price in Elk Plain is $228,700, which comes out to $12,100 (5%) lower than Spanaway. Rent there is a little more expensive. The median monthly rent in Elk Plain is $1,360, which works out to $109 (8%) higher than Spanaway.
Clover Creek
Clover Creek is approximately 3 miles northeast of Spanaway. Housing prices there are a bit more expensive. The median home in Clover Creek is valued at $271,500, which is $30,700 (11%) higher than Spanaway. Rent there is a bit less expensive. The median rent in Clover Creek is $1,036 per month, which works out to $215 (20%) lower than Spanaway.
Summit View
Summit View is roughly 3 miles northeast from Spanaway. Housing prices there are a bit more expensive. The cost of the median home in Summit View is $281,900, which works out to $41,100 (14%) higher than Spanaway. The rent there is somewhat more expensive. The median rent in Summit View is $1,418 a month, which comes out to $167 (11%) higher than Spanaway.
