Overview: September 2, 2025
Over the past 90 days, the Tri-Cities housing market for existing single-family homes has remained active with a total of 614 homes sold across all price ranges and home styles. The average closing rate has been approximately 6.82 homes per day, indicating a steady demand in the region encompassing Kennewick, Richland, Pasco, and West Richland.
The market showcases a diverse range of home styles including one-story homes, two-story homes, and more unique configurations such as 1.5 story or 4+ story homes. Prices vary widely with final sales ranging from $141,000 to $1,500,000, reflecting a broad spectrum of buyer preferences and property sizes.
On average, homes sell in about 34 days, though the median days on market is shorter at 16 days, suggesting many homes are selling quickly while a smaller portion take longer to close. Home sizes average around 2,135 square feet, with price per square foot averaging $246, highlighting solid market values in the Tri-Cities area.
Market by Home Style (Past 90 Days – All Existing Single-Family Homes, All Price Ranges)
| Home Type | Sales Count | Closings / Day | Price (Avg / Median) | Price Range (Min–Max) | Size SqFt (Avg / Median) | $ / SqFt (Avg / Median) | Days on Market (Avg / Median) |
|---|---|---|---|---|---|---|---|
| All Homes | 614 | 6.82 | $505,915 / $450,000 | 141,000 – 1,500,000 | 2,135 / 1,985 | $246 / $247 | 34 / 16 |
| 1 Story | 329 | 3.66 | $453,904 / $419,000 | 141,000 – 1,490,000 | 1,700 / 1,641 | $272 / $268 | 30 / 16 |
| 1 Story w/ bonus room | 29 | 1 Closing Every 3 Days | $746,276 / $740,000 | 220,000 – 1,390,000 | 2,882 / 2,942 | $257 / $255 | 46 / 33 |
| 1 Story w/Basement | 80 | 1 Closing Every 1 Days | $514,646 / $452,500 | 235,000 – 1,175,000 | 2,770 / 2,690 | $191 / $185 | 40 / 18 |
| 1.5 Story | 5 | 1 Closing Every 18 Days | $522,580 / $480,000 | 321,500 – 899,900 | 2,170 / 2,400 | $241 / $228 | 76 / 11 |
| 2 Story | 111 | 1.23 | $596,181 / $550,000 | 257,500 – 1,500,000 | 2,625 / 2,501 | $228 / $221 | 36 / 17 |
| 2 Story w/Basement | 19 | 1 Closing Every 5 Days | $569,283 / $500,000 | 298,500 – 1,237,500 | 2,887 / 2,511 | $198 / $196 | 38 / 15 |
| 4+ Story | 2 | 1 Closing Every 45 Days | $522,500 / $522,500 | 500,000 – 545,000 | 2,907 / 2,907 | $180 / $182 | 95 / 95 |
| Mid Entry | 22 | 1 Closing Every 4 Days | $431,058 / $412,500 | 287,000 – 645,000 | 2,122 / 2,013 | $208 / $205 | 28 / 14 |
| Tri-Level | 17 | 1 Closing Every 5 Days | $491,168 / $429,900 | 211,560 – 1,350,000 | 2,182 / 2,060 | $221 / $213 | 42 / 28 |
Key Takeaways
- The Tri-Cities market remains vibrant with a high volume of sales averaging nearly 7 closings per day for existing single-family homes.
- One-story homes are the most frequently sold style, accounting for over half of the sales and generally selling faster than other styles.
- Price per square foot varies by home style, with one-story homes commanding the highest averages around $270 per sqft, indicating strong buyer demand for these layouts.
- Homes with basements and bonus rooms tend to be larger and priced higher on average, but also take longer to sell compared to the overall market.
- The median days on market across all styles is relatively low at 16 days, signaling a competitive market with many homes selling quickly.
- Higher story homes (4+ story) are rare but show stable pricing around the mid $500K range, though with longer market times.