Overview: September 2, 2025
Over the past 90 days, the Tri-Cities market along with nearby Benton City and Prosser has seen robust sales activity for single-family homes priced between $350,000 and $450,000, a price range that remains especially popular with first-time buyers looking to enter this dynamic housing market.
Within the core Tri-Cities, Kennewick consistently leads in sales volume, demonstrating strong buyer demand, while Benton City and Prosser contribute smaller yet meaningful shares to the overall market. Rapid sales in the Tri-Cities highlight a brisk pace of closings, emphasizing the attractiveness and affordability of this segment.
Pricing across these cities remains fairly consistent, with average and median sizes around 1,400 to 1,800 square feet and average price per square foot ranging from the low $230s to mid $250s. This balance reflects the attainability and value buyers find in this popular price bracket.
Market by City (Past 90 Days – All Existing Single-Family Homes $350K–$450K)
| 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, Existing Construction) | 217 | 2.4 | $400,865 / $400,000 | $350K – $450K | 1,705 / 1,624 | $245 / $249 | 27 / 12 |
| Kennewick | 84 | 0.9 (≈1 Closing Every 1 Days) | $403,553 / $405,450 | $350K – $449K | 1,683 / 1,634 | $247 / $250 | 25 / 12 |
| Richland | 39 | 0.4 (≈1 Closing Every 2 Days) | $392,807 / $388,000 | $350K – $440K | 1,837 / 1,742 | $230 / $232 | 26 / 16 |
| Pasco | 76 | 0.8 (≈1 Closing Every 1 Days) | $401,271 / $399,950 | $350K – $446K | 1,678 / 1,619 | $249 / $257 | 32 / 17 |
| West Richland | 18 | 0.2 (≈1 Closing Every 5 Days) | $404,059 / $404,950 | $365K – $450K | 1,641 / 1,540 | $256 / $266 | 14 / 6 |
| Benton City | 3 | 0.0 (≈1 Closing Every 30 Days) | $370,967 / $375,000 | $360K – $378K | 1,250 / 1,256 | $298 / $287 | 72 / 25 |
| Prosser | 6 | 0.1 (≈1 Closing Every 15 Days) | $388,333 / $384,500 | $358K – $430K | 1,602 / 1,585 | $246 / $258 | 31 / 25 |
Key Takeaways
- Kennewick continues to lead in sales volume within the $350K-$450K existing home market, demonstrating strong buyer preference there.
- Richland homes tend to command higher price per square foot, reflecting increased value despite slightly slower sales pace.
- Pasco remains the more affordable option in the Tri-Cities core, attracting buyers seeking value in this price bracket.
- West Richland has a limited supply of existing homes under $450K, contributing fewer sales but faster market turnover with low days on market.
- Benton City and Prosser provide additional options in the outer areas, though with lower volumes and longer days on market compared to Tri-Cities.
- This price range remains especially popular with first-time buyers aiming to find attainable homes in a competitive market.