Overview: September 2, 2025
Over the past 90 days, the market for existing single-family homes priced between $650,000 and $750,000 across the Tri-Cities and nearby areas has shown moderate activity. This price range reflects homes in well-established neighborhoods with a variety of sizes and ages, emphasizing existing construction. The sales encompass Kennewick, Richland, Pasco, West Richland, as well as the smaller markets of Benton City and Prosser.
Among the core Tri-Cities, Kennewick leads in sales volume with 17 homes sold, followed by Pasco and Richland with solid but lower activity levels. Benton City and Prosser contribute modestly but bring important market diversity with their own sales within the price band. The closings per day metric points to a steady rhythm in the core cities, while Benton City and Prosser experience sales less frequently, consistent with their smaller markets.
Pricing remains fairly consistent across cities within the targeted range, with average and median prices hovering around $690K to $710K. Square footage varies from the low 2,000s to just over 3,000 SqFt on average, showing a range of home sizes appealing to buyers. Price per square foot displays notable efficiency in Richland, leading in $/SqFt figures. Days on market tend to be shorter in the core Tri-Cities than in Benton City or Prosser, reflecting demand differences.
Market by City (Past 90 Days – All Existing Single-Family Homes $650K–$750K)
| 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) | 42 | 0.5 (≈1 Closing Every 2 Days) | $697,162 / $699,500 | $650K – $750K | 2,864 / 2,660 | $252 / $256 | 58 / 24 |
| Kennewick | 17 | 0.2 (≈1 Closing Every 5 Days) | $703,188 / $700,000 | $652.5K – $750K | 3,052 / 3,062 | $238 / $235 | 55 / 35 |
| Richland | 9 | 0.1 (≈1 Closing Every 10 Days) | $687,322 / $690,000 | $650K – $735K | 2,910 / 2,608 | $245 / $254 | 17 / 15 |
| Pasco | 12 | 0.1 (≈1 Closing Every 8 Days) | $697,558 / $695,000 | $650K – $745K | 2,597 / 2,481 | $275 / $293 | 112 / 24 |
| West Richland | 4 | 0.0 (≈1 Closing Every 23 Days) | $692,500 / $697,500 | $660K – $715K | 2,762 / 2,749 | $255 / $252 | 2 / 2 |
| Benton City | 2 | 0.0 (≈1 Closing Every 45 Days) | $693,500 / $693,500 | $650K – $737K | 2,472 / 2,472 | $284 / $307 | 52 / 52 |
| Prosser | 6 | 0.1 (≈1 Closing Every 15 Days) | $709,167 / $710,000 | $650K – $740K | 2,724 / 2,510 | $273 / $313 | 100 / 81 |
Key Takeaways
- Kennewick leads the Tri-Cities market segment with the highest number of sales in the $650K–$750K range.
- Richland demonstrates premium $/SqFt pricing, indicating typically more efficient and desirable property layouts.
- Pasco offers relative value with competitive prices and a broader range in days on market.
- West Richland shows limited supply and slower sales velocities in this price segment.
- Benton City and Prosser contribute meaningful but smaller shares, reflecting their smaller market sizes.
- Days on market are shortest in core Tri-Cities locations like Richland and West Richland, while Benton City and Prosser experience longer selling times.