Homes Under $500K in Cheney, WA

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Jeffrey J Jonas

Realty.com

Lic. #20012

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New44Active
$425,000
3 bd · 2 ba · 1,466 sqft
8418 W Red Ave, Cheney, WA
Amplify Real Estate Services
New17Active
$139,999
3 bd · 2 ba · 1,056 sqft
840 W 1st St, Cheney, WA
Coldwell Banker Tomlinson
New50Active
$415,000
3 bd · 2 ba · 1,908 sqft
3109 Silverthorn Ln, Cheney, WA
Coldwell Banker Tomlinson

Listing data & MLS disclosures

Spokane Association of REALTORS: Listings courtesy of the Spokane Association of REALTORS® as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

About Homes Under $500K in Cheney, WA

Homes Under $500K in Cheney, WA: 70 active listings as of October 18, 2026, 14:53 UTC.

Property types among these 70 listings, by the property type each listing’s MLS reports, spelled as the MLS spells it. Types with fewer than 5 listings, and listings whose MLS reports no type, are not shown, so the shares can total less than 100%.
Property type	Listings	Share
Single Family Residence	48	68.6%
Manufactured Home	13	18.6%
Manufactured On Land	8	11.4%

Cheney housing market

September 2026

Selling at 99.3% of asking price

Buyers here are paying below asking. MLS · 27 sales · as of Sep 30, 2026

Homes that sold · County records, as of Sep 30, 2026

Median sale price: $425,000$370,500–$1,103,260 typical range
Price per sq. ft.: $236
Sales: 51
Paid in cash: 51.0%

Homes on the market · MLS, as of Sep 27, 2026

Median list price: $464,995
Homes for sale: 78

Price trend · Assessor repeat sales, as of Sep 30, 2026

Year-over-year: 9.1%

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Median home size: 1,800 sq. ft.

Cheney, WA community profile

Population: 13,787
Median income: $42,489
Housing units: 5,809
People per sq. mi.: 39.6
Area: 348.2 sq. mi.

Source: HJN community data

Homes Under $500K in Cheney, WA

Your local brokerage

Listing data & MLS disclosures

About Homes Under $500K in Cheney, WA

Cheney housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026

Cheney, WA community profile

Explore Cheney homes

Listing data & MLS disclosures

Your local brokerage

Your local brokerage

Cheney, WA community profile

Cheney housing market

Homes that sold · County records, as of Sep 30, 2026

Homes on the market · MLS, as of Sep 27, 2026

Price trend · Assessor repeat sales, as of Sep 30, 2026

Housing stock — every home in the area, not only the ones selling or listed · Assessor records, as of Sep 11, 2026