Overview: November 11 2025
Over the past 90 days, the Tri-Cities housing market for existing single-family homes priced under $350,000 recorded a steady stream of sales with 94 closings. This price segment continues to draw considerable attention as a popular entry point for many first-time buyers seeking attainable homeownership in the area.
Among the core cities, Kennewick leads in sales volume, experiencing a quick turnover pace with a closing roughly every 2 days. While these four cities dominate market activity, smaller nearby markets like Benton City and Prosser also contributed with modest, yet important sales, reflecting a diverse range of opportunities for buyers. The overall market maintains a relatively brisk pace, highlighting sustained demand within this popular price range.
Homes under $350K offered a balance of affordability and functional living space, with average sizes around 1,289 sq ft and price per square foot averaging $254. This segment remains accessible for many buyers, combining cost-effectiveness with suitable home features in the Tri-Cities region.
Market by City (Past 90 Days – All Existing Single-Family Homes Under $350K)
| City | Sales Count | Closings / Day | Price (Avg / Median) | Price Range (Min–Max) | Size SqFt (Avg / Median) | $ / SqFt (Avg / Median) | Days on Market (Avg / Median) |
|---|---|---|---|---|---|---|---|
| Tri-Cities (Overall) | 94 | 1.0 | $299,685 / $308,000 | $140K – $350K | 1,289 / 1,232 | $254 / $260 | 27 / 19 |
| Kennewick | 49 | 0.5 (≈1 Closing Every 2 Days) | $298,489 / $309,000 | $178K – $344K | 1,327 / 1,300 | $240 / $230 | 22 / 15 |
| Richland | 25 | 0.3 (≈1 Closing Every 4 Days) | $285,798 / $300,000 | $140K – $350K | 1,139 / 1,020 | $287 / $287 | 37 / 24 |
| Pasco | 18 | 0.2 (≈1 Closing Every 5 Days) | $318,034 / $330,000 | $235K – $350K | 1,373 / 1,306 | $249 / $267 | 28 / 18 |
| West Richland | 2 | 0.0 (≈1 Closing Every 45 Days) | $337,450 / $337,450 | $330K – $345K | 1,461 / 1,461 | $233 / $255 | 2 / 2 |
| Benton City | 4 | 0.0 (≈1 Closing Every 23 Days) | $310,000 / $310,000 | $290K – $330K | 1,232 / 1,279 | $255 / $255 | 74 / 38 |
| Benton City (Under Construction) | 4 | 0.0 (≈1 Closing Every 23 Days) | $333,261 / $335,713 | $319K – $342K | 1,192 / 1,192 | $280 / $278 | 0 / 0 |
| Prosser | 8 | 0.1 (≈1 Closing Every 11 Days) | $288,113 / $302,500 | $215K – $325K | 1,327 / 1,277 | $226 / $236 | 31 / 17 |
| Prosser (New Complete) | 1 | 0.0 (≈1 Closing Every 90 Days) | $315,000 / $315,000 | $315K – $315K | 1,544 / 1,544 | $204 / $204 | 285 / 285 |
Key Takeaways
- Kennewick remains the dominant city in sales volume, contributing over half of the market activity with closings approximately every 2 days.
- Richland homes command a premium price per square foot, highlighting greater efficiency despite fewer transactions.
- Pasco offers more affordable options within the under $350,000 segment, attracting cost-conscious buyers looking for larger living spaces.
- West Richland’s inventory under $350K is quite limited, reflected by only 2 sales with very rapid market absorption.
- The outer surrounding markets, Benton City and Prosser, provide valuable alternatives and together support steady market demand, including some under-construction and new complete homes.
- Across the Tri-Cities core, the average days on market remain low, signaling a fast-moving segment where first-time buyers remain active and engaged.