Blog Category - Tri-Cities Real Estate Market

Mar 13, 2023 • 2 min read

Richland, West Richland Saw the Biggest Home Price Declines in 2022

There was a pretty big gap in median home sale prices when we began 2022, but that gap was a lot smaller by the end of the year.That's because home prices in both Richland and West Richland dropped significantly compared to Kennewick and Pasco.When we began 2022, Pasco's median price was about $391,000 -- more than a hundred thousand dollars below Richland's median of $499,900. But by year's end,

Tri-Cities Real Estate Market

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Jun 23, 2024 2 min read

What's the Average Price of a Home in the Tri-Cities?

The median home sales price across the Tri-Cities area as of June 2024 is $430,000. Compared to June 2023, prices are up just 3.6% -- quite a bit different than the double-digit appreciation we saw during the pandemic.Tri-Cities home prices have held steady for most of the past two years. As I type this, we've had 20 straight months where our median price was in between $399K and $435K.That's med

Jun 19, 2023 2 min read

Chart: Tri-Cities Home Prices Steady Since January 2022

If you follow my Kennewick, Pasco, and Richland market update posts, you've probably heard me mention the $400K-$450K "window" that Tri-Cities' home prices have been in since the start of 2022. The chart below shows what that looks like. Every month since January 2022, our median home price in Kennewick, Pasco, Richland, and beyond has been in that window. (I'm taking a very slight liberty with t

Blog Category - Tri-Cities Real Estate Market

Richland, West Richland Saw the Biggest Home Price Declines in 2022

Recent Blogs

What's the Average Price of a Home in the Tri-Cities?

Chart: Tri-Cities Home Prices Steady Since January 2022

Richland, West Richland Saw the Biggest Home Price Declines in 2022

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