Overview: November 11 2025
Over the past 90 days, sales of existing single-family homes priced between $550,000 and $650,000 across the Tri-Cities and nearby markets showed steady activity. This price range captures well-established properties with solid market demand, particularly emphasizing existing construction rather than new developments.
Among the core Tri-Cities (Kennewick, Richland, Pasco, West Richland), Kennewick leads in transaction volume, closely followed by Richland and Pasco, with West Richland offering notably fewer sales in this segment. Benton City and Prosser add some contributions, though their sales counts are smaller and with longer days on market, demonstrating a slower pace compared to the core.
Pricing remains consistent across the region, with average and median prices tightly clustered within the $550K–$650K band. Square footage shows moderate variation, largely ranging between approximately 1,700 to 2,650 sq ft median values. Price per square foot trends highlight Richland’s stronger pricing efficiency, while other cities offer a mix of value and size. Days on market are generally shorter in the core urban areas, suggesting brisker sales compared to the outlying Benton City and Prosser.
Market by City (Past 90 Days – All Existing Single-Family Homes $550K–$650K)
| 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) | 83 | 0.9 (≈1 Closing Every 1 Days) | $591,333 / $585,900 | $550K – $646.2K | 2,653 / 2,493 | $235 / $232 | 39 / 23 |
| Kennewick | 41 | 0.5 (≈1 Closing Every 2 Days) | $592,586 / $590,100 | $550K – $640K | 2,682 / 2,408 | $233 / $241 | 40 / 20 |
| Richland | 23 | 0.3 (≈1 Closing Every 4 Days) | $588,837 / $585,000 | $550K – $646.2K | 2,649 / 2,604 | $232 / $226 | 48 / 42 |
| Pasco | 13 | 0.1 (≈1 Closing Every 7 Days) | $588,615 / $580,000 | $550K – $630K | 2,647 / 2,311 | $247 / $263 | 31 / 10 |
| West Richland | 6 | 0.1 (≈1 Closing Every 15 Days) | $598,233 / $598,450 | $565K – $635K | 2,486 / 2,555 | $244 / $258 | 19 / 12 |
| Benton City | 0 | 0.0 | — | — | — | — | — |
| Prosser | 2 | 0.0 (≈1 Closing Every 45 Days) | $590,000 / $590,000 | $565K – $615K | 1,770 / 1,770 | $345 / $401 | 306 / 306 |
Key Takeaways
- Kennewick leads sales volume in the $550K–$650K existing single-family home segment, with nearly one closing every two days.
- Richland offers the highest price per square foot on average, reflecting strong market demand and efficient pricing.
- Pasco provides relative value with competitive prices and decent size properties, attracting buyers seeking affordability in this range.
- West Richland sees limited supply and slower sales velocity, resulting in fewer transactions within this price band.
- Benton City recorded no sales in this segment recently, while Prosser’s contribution, though small, features longer days on market and higher price per square foot.
- Days on market tend to be shorter and sales velocity faster in the core Tri-Cities compared to Benton City and Prosser, indicating healthier market conditions centrally.