AffordWhat

Can You Afford a Home in Mica, WA?

A typical home in Mica is worth $725,769, up 0.7% over the past year. That is $297K above the Spokane County typical of $429,071.

Income needed — 20% down $162,000 $4,455/mo, plus $145,154 down
Income needed — zero down (VA) $194,000 $5,345/mo, about $18,144 at closing

Assumes housing costs stay at 33% of gross income — the sustainable middle, not the maximum a lender would approve. A typical home in Mica costs $725,769. Rates as of 5 September 2026; they move weekly and your quote will differ.

What each income level buys in Spokane County

Prices below are what keeps housing at 33% of gross income, using Spokane County’s 0.84% effective property tax rate. The Conventional column assumes 20% down; the zero-down columns finance the funding fee into the loan.

Household incomeConventionalVAZero-down CUFHA
$75,000$318,000$263,000$241,000$257,000
$100,000$435,000$360,000$330,000$352,000
$125,000$552,000$457,000$419,000$446,000
$150,000$670,000$554,000$508,000$541,000
$200,000$904,000$748,000$686,000$731,000

How Mica compares to nearby towns

TownTypical homeYear over yearIncome needed
Nine Mile Falls $555,273+0.1% $126,000
Liberty Lake $568,077+0.8% $128,000
Spangle $595,526+0.7% $134,000
Chattaroy $598,119+0.4% $135,000
Colbert $604,997+0.1% $136,000
Valleyford $698,390+0.1% $156,000
Mica (this page) $725,769+0.7% $162,000

If Mica is out of reach, Nine Mile Falls, Liberty Lake, Spangle, Chattaroy, Colbert, Valleyford sit lower in the same county — same commute shed, same schools district-by-district, less money.

What this does not tell you

These are typical values, not listings. Half the homes in Mica sell for less than $725,769, and condos and townhomes sit well below it. Property tax is a county-wide effective rate, so your parcel will differ. Insurance is a state average. Run your own numbers with your own quote before you take any of this as settled.

Open the calculator for Mica