Overview: September 2, 2025
Over the past 90 days, there were multiple sales of existing single-family homes priced between $750,000 and $850,000 across the Tri-Cities region and nearby Benton City and Prosser. This overview specifically covers site-built homes on owned lots in existing construction, highlighting a focused market segment within this mid-to-high price range.
Among the covered cities, the core Tri-Cities—which include Kennewick, Richland, Pasco, and West Richland—accounted for the majority of sales activity, with Kennewick leading in total transactions and a notably brisk sales pace. Benton City and Prosser contribute additional volume, albeit with lower sales frequency, illustrating some variation in market dynamics within this broader area.
Pricing across these markets shows a consistent range with median final prices near $790,000 to $800,000. Average and median home sizes hover around 2,800 to 3,200 square feet, with Richland tending to command a higher price per square foot, reflecting efficiency and potentially newer or more desirable properties. Days on market vary, with core cities generally experiencing quicker sales than outlying areas.
Market by City (Past 90 Days – All Existing Single-Family Homes $750K–$850K)
| 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) | 31 | 0.3 (1 Closing Every 3 Days) | $791,742 / $790,000 | $750K – $847K | 3,092 / 3,060 | $262 / $262 | 50 / 20 |
| Kennewick | 15 | 0.2 (1 Closing Every 6 Days) | $801,913 / $800,000 | $750K – $847K | 3,217 / 3,125 | $256 / $240 | 50 / 10 |
| Richland | 8 | 0.1 (1 Closing Every 11 Days) | $784,550 / $773,500 | $750K – $830K | 3,173 / 3,040 | $252 / $272 | 49 / 30 |
| Pasco | 6 | 0.1 (1 Closing Every 15 Days) | $781,650 / $785,000 | $760K – $800K | 2,819 / 2,833 | $281 / $302 | 66 / 39 |
| West Richland | 2 | 0.0 (1 Closing Every 45 Days) | $774,500 / $774,500 | $772K – $777K | 2,660 / 2,660 | $294 / $321 | 8 / 8 |
| Benton City | 0 | 0.0 (No Data Available) | – | – | – | – | – |
| Prosser | 2 | 0.0 (1 Closing Every 45 Days) | $798,750 / $798,750 | $763K – $835K | 2,870 / 2,870 | $278 / $280 | 35 / 35 |
Key Takeaways
- Kennewick leads the market with 15 sales and a solid sales velocity of one closing every 6 days within the $750K–$850K band.
- Richland shows some of the highest price per square foot values, reflecting efficient and potentially more modern home options in this range.
- Pasco maintains moderate pricing and size averages, offering relative value with a slower pace than Kennewick or Richland.
- West Richland has limited supply and sales activity in this price range, with only two closings noted and longer days on market on average.
- Benton City had no data available for existing homes, suggesting minimal or no market activity at this price point recently.
- Prosser contributes a small but stable volume with sales averaging near $799K and a slower closing pace of one every 45 days.
- Days on market are generally shorter in the core Tri-Cities compared to outlying cities, indicating faster turnover and demand in the central markets.