March brought fresh insights into the Kennewick housing market as both buyers and sellers continued to adjust to 2025’s shifting real estate dynamics. With active inventory and consistent buyer interest, the market revealed clear trends in price points, days on market, and negotiation power—especially when comparing new construction to existing homes.
This summary looks at single-family homes sold in Kennewick during March 2025, offering key takeaways for anyone thinking about buying or selling this spring.
Existing Construction: Fast Sales and Firm Pricing
- Total Homes on Market: 61 existing homes listed
- Total Sales: 43 homes sold
- Average and Median Prices:
- Original List Price: Average of $487,642, median of $449,900
- Final Sold Price: Average of $472,015, median of $435,000
- Buyer’s Score: 2.9
- Seller’s Score: 7.1
- Days on Market:
- Average DOM: 41 days
- Median DOM: 29 days
Insight: Existing homes in Kennewick continued to sell quickly in March, with over half going under contract in less than a month. Pricing remained strong, with sellers giving up very little from the original list price.
New Construction: Slower Movement but Stable Pricing
- Total Homes on Market: 26 new construction listings
- Total Sales: 6 homes sold
- Average and Median Prices:
- Original List Price: Average of $539,983, median of $494,650
- Final Sold Price: Average of $525,585, median of $479,950
- Buyer’s Score: 6.8
- Seller’s Score: 3.2
- Days on Market:
- Average DOM: 122 days
- Median DOM: 119 days
Insight: While new construction homes remain more expensive, they took significantly longer to sell in March. The high DOM and lower seller score suggest buyers had more leverage, and many builders likely used incentives or discounts to close deals.
Comparing March 2025: Existing vs. New Construction
| Metric | Existing Homes | New Construction |
|---|---|---|
| Listings | 61 | 26 |
| Sales | 43 | 6 |
| Median Sale Price | $435,000 | $479,950 |
| Median Days on Market | 29 days | 119 days |
| Buyer Score | 2.9 | 6.8 |
| Seller Score | 7.1 | 3.2 |
Key Takeaways
- Existing homes continue to sell faster, with minimal price reductions and a strong seller position.
- New construction remains desirable but slower-moving, with longer days on market and more room for buyer negotiation.
- Price gaps remain significant, but new construction pricing held steady—suggesting builders are prioritizing margin over volume.
Final Thoughts
The March 2025 data shows that Kennewick’s market continues to offer quick opportunities for sellers of existing homes, while buyers exploring new construction may find better terms—if they’re willing to wait.
Whether you’re preparing to list your home or evaluating options for a new build, understanding these shifts can help you act with confidence in a dynamic spring market.
Ready to list, upgrade, or time your next move? Reach out to ryan@kenmoreteam.com or call 509.987.4544. Let’s create the right strategy for your success in the Kennewick market.
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