Valley, Washington.
Typical home $313,057 (+2.5% in a year). Spokane-Spokane Valley, WA metro.
to buy the typical home at today's mortgage rate — +$930 (+130%) since Jan 2020.
- 1 year
- Up $7,509 +2%
- $305,548$313,057 since Sep 2025
- 5 years
- Up $37,120 +13%
- $275,937$313,057 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Valley$1,643
- Washington$3,084
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 27 years.
Typical home values in Valley, WA rose 2.5% over the past year — faster than the nation's +1.2%.
Living in Valley, Stevens County, Washington
Valley, in Stevens County, had 149 people in the 2020 census. Unemployment in Stevens County was 4.9% in August 2026, and the county had 2.5% fewer jobs in 2025 than the year before. The most people in Stevens County work in schools and health care, then shops.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Valley is a very small community in Stevens County, Washington, where neighbors are few and most people know one another. Homes here are typically valued well above what many would expect for a place this size, and relatively few residents live below the poverty line. Winters are cold, with January the coldest month and highs hovering just above freezing, while summers turn warm, with August the hottest.
Work. Residents work mostly in schools, hospitals and social care, in shops, in manufacturing, and in the building trades. Across Stevens County, some of the biggest employers are Boise Cascade Co, which makes plywood and veneer, Providence Mount Carmel Hospital, and Colville School District. Unemployment across the county is somewhat lower than a year ago, though the county has fewer jobs than it did the year before.
Things to do. Loon Lake and Deer Lake are both lakes a short drive away, handy for time on the water. Farther afield, Lake Roosevelt National Recreation Area is a protected area a longer drive away, and 49 Degrees North Ski Area, also a longer drive away, draws people in the colder months.
Report a mistake
- 3%below the poverty line
What people in Stevens County work in
Employed residents by industry, from the Census survey. Stevens County had 11,227 jobs in 2025, 2.5% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 33° and lows near 20°; warmest in August, with highs near 86° and lows near 47°. About 21 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Chewelah weather station, 7 miles away (NOAA).
Largest workplaces in Stevens County
- Stevens CountyExecutive and legislative office combinations422
- Washington State Dept of Natural Resources - Northeast RegionLand management program administration331
- WalmartWarehouse clubs and supercenters296
- Boise Cascade CoSoftwood veneer and plywood manufacturing259
- Providence Mount Carmel HospitalCritical access hospital223FTE
- Colville School DistrictSchool district206FTE
- Hewes Marine CompanyBoats manufacturing155
- Colmac Coil ManufacturingAir-conditioners, unit, manufacturing154
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 29 workplaces with 20 or more staff, 3,010 people in all across the county; Valley has one of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- WildfireVery high
- Cold wavesRelatively high
- Winter weatherRelatively high
- LandslidesRelatively moderate
- Ice stormsRelatively moderate
- Inland floodingRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Valley’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Stevens County and the Spokane-Spokane Valley, WA metro.
Valley home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Valley$313,057
- Washington$587,533
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 5 Valley listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Valley20.02%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Valley25
New listings per month
Sellers arriving at the market.
Not enough data to draw this yet.
Zip codes with a Valley address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Valley — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.