Pullman is a city located in Whitman County in the Southeastern part of Washington. The city is home to Washington State University and is very prominent for its fertile land for agriculture.
Spokane is a city located in Spokane County in Washington about 92 miles away from the US-Canada border. It is the second largest city in Washington and 100th largest city in America.
In this article, we will explore some of the differences between homes in both cities incase you want to sell your house in Spokane or Pullman.
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Differences Between Homes in Pullman WA and Spokane WA
- Median Home Cost
The median cost of homes in Pullman, WA is about $286,900 according to Best Places while in Spokane, it is even lower at $217,900.
Though Spokane is a far larger city than Pullman, the disparity in the market value of houses isn’t very much. However, you are more likely to sell your house in Pullman at a higher price than you will sell your home in Spokane.
- Housing Stats
Some of the key housing stats differences between Pullman and Spokane include things like
- Percentage of renters. If you are able to sell your house in Pullman, it is a big win as renters make up 63% of the Pullman population and an average resident of the city will rather rent than own a property. In Spokane, it’s a different reality as renters make up about 40% of the population.
- Percentage of Homes Owned. In Spokane, about 50% of the homes are owner occupied while in Pullman, the numbers drop to as low as 25%. This somehow determines the propensity to buy a home in either city.
- Property Tax Rate
When you sell your house in Spokane, the property tax rate of $11.54 per every $1000 of assessed value is another factor to be considered. In Pullman, the property tax rate is $15.24 per $1000 of assessed value.
The property tax rate in both cities are quite different. If you want to sell your house in Pullman, the buyer will pay $4,572 per annum if the assessed value of the property is $300,000.
- Cost of Living
Based on the US average of 100 according to Best Places, the cost of living in Pullman is 97.1 while in Spokane, it is 92.3.
The difference indicates that Spokane and Pullman are some of the cheapest cities to live in in America. If you sell your home in Washington state whose average cost of living is 118.1 based on the US average of 100 and move to Spokane or Pullman, you have moved to a less expensive city.
If you want to sell your house in Spokane or you want to sell your house in Pullman, this article has helped you understand the differences between both cities.
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