What is the rental yield in North Hill, Spokane, Washington?

The gross yield in North Hill, Spokane, Washington is 5.8. Prices are 8% below Spokane and 46% below Washington, while over the past year prices were up 0.3%. The Red Flag score is 31, with walkability of 78 and education in the 54th percentile.

How have prices changed in North Hill, Spokane, Washington over the past year?

Prices in North Hill, Spokane, Washington were up 0.3% over the past year. The neighborhood is priced 8% below Spokane and 46% below Washington, with a 5.8 gross yield and a Red Flag score of 31. Walkability is 78 and education is in the 54th percentile.

How does North Hill compare with Spokane, Washington?

North Hill, Spokane, Washington is priced 8% below Spokane and offers a 5.8 gross yield. Over the past year, prices were up 0.3%, the Red Flag score is 31, walkability is 78, and education is in the 54th percentile.

What are the main strengths and risks in North Hill, Spokane, Washington?

A key strength in North Hill, Spokane, Washington is the Red Flag score of 31, alongside walkability of 78. A key risk is that education is in the 54th percentile, while the gross yield is 5.8 and prices were up 0.3% over the past year.

Neighborhood

North Hill

Spokane, Washington US

North Hill, Spokane, Washington has a comparatively lower-priced profile with prices 8% below Spokane and 46% below Washington, plus a 5.8 gross yield. Over the past year, prices were up 0.3%, while the Red Flag score of 31 suggests a lower risk profile than many peers. Walkability is 78 and education is in the 54th percentile, giving the neighborhood solid access with a mid-range school-district test-score percentile.

AI Summary•Updated May 2026

Area

1.17 mi²

ZIP Code

99205

County

Spokane County

State

Washington

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesEPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$334,901

YoY+0.3%

Gross Rental Yield

5.8%

Listed rent · ZORI annualized

Red Flag Index

Low

31 / 100

Walkability Score

Very Walkable

OpenStreetMap POI density · national percentile

Education Score

54 / 100

Fair · better than 54% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Good

DistrictScore attractiveness · national model

North Hill Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for North Hill, Spokane.

Unlock the North Hill 12-month price trend

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Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$334,901	+0.3%
Price / Sq Ft (Verified)	$189/sqft	-2.7%
Asking Rent (Median)	$1,608/mo	+7.1%
Gross Rental Yield	5.8%	—
Liquidity Score	45 / 100	Moderate
Homes Sold (Period)	192	-2.0%

Is North Hill Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Washington crime context.

Red Flag Breakdown

31 / 100

Low Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Heat60High

Earthquake40Moderate

Strong Wind40Moderate

Hail40Moderate

Flood20Low

Wildfire20Low

Tornado20Low

Hurricanen/an/a

7/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Washington averaged 27.9 crimes and 3.3 violent per 1,000 residents (-13.0% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

Unlock the full risk report for North Hill

Tract-level hazard heatmap & parcel detail with Pro

Unlock the North Hill hazard breakdown

See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Above-average gross rental yield at 5.8%

Highly walkable neighborhood — score 78/100

Low natural-hazard risk — 31/100 composite

Active transaction volume — 192 homes sold last period

Dense amenities — 37 dining & 11 grocery options nearby

Insights are generated from North Hill's live DistrictScore metrics.

North Hill Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Washington-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Washington Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	27.9	3.3	-13.0%
2023	32.5	3.6	-12.5%
2022	37.5	3.8	+11.9%
2021	33.7	3.4	+12.1%
2020	30.3	2.9	+0.9%
2019	30.3	3.0	—

Reported at the state level — the finest official US crime aggregation; North Hill inherits the Washington figures.

Radon Potential

EPA

Zone 1

Zone 1 — Highest potential · North Hill

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)3.3 kmModerate

Point-source screening near North Hill: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in North Hill

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

78

Very Walkable

Walkability Score

11

Grocery

37

Dining

6

Schools

0

Universities

4

Hospitals

1

Pharmacies

4

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within North Hill's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

North Hill vs Spokane vs Washington

How North Hill benchmarks against its city and state medians.

Benchmark vs City & State

In North Hill, the median sale price sits about 8% below the median for Spokane neighborhoods and about 46% below the statewide median. Gross rental yield is 5.8%, against 4.5% for Spokane neighborhoods and 4.0% statewide. Over the past 12 months, prices were broadly flat. Transaction liquidity sits above the median for Spokane neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
North Hill	$189/sqft	5.8%	45
Spokane	$204/sqft	4.5%	33
Washington	$352/sqft	4.0%	32

Unlock the North Hill benchmark

Compare North Hill against Spokane and Washington medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Washington tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.74% average effective rate (statewide average; set and collected locally).

State Income Tax

No state income tax — rental income is not taxed at the state level.

State Capital Gains

No general income tax; the 7% capital gains tax exempts real estate.

Transfer Tax

Real estate transfer tax: REET graduated 1.1-3% (mansion-style).

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

Statewide rent control caps rent increases (HB 1217; 9.683% max for 2026); transfer tax is mansion-style.

US citizens & tax residents6

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Washington property-tax guidance for foreign buyers

Latest Spokane Real-Estate News

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Guaranteed Rate • Jun 18, 2026

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Eye On Housing • Jun 18, 2026

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Altus Group • Jun 18, 2026

North Hill Real Estate FAQ

North Hill, Spokane, Washington has a 5.8 gross yield and prices that are 8% below Spokane and 46% below Washington. Over the past year, prices were up 0.3%, and the Red Flag score is 31. Walkability is 78 and education is in the 54th percentile.

Neighborhoods near North Hill

Compare North Hill with nearby neighborhoods in Spokane.

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