The story of this market
The typical home in Kennewick-Richland (Tri-Cities), Washington sells for about $429,105, or $245 per square foot.
Prices are roughly flat from a year ago (+1%), a market in balance. Homes take about 33 days to sell. HUD's fair market rent for a two-bedroom is $1,231 a month.
Monthly price momentum
Home values since 2015
-0.2%
WA · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Kennewick-Richland (Tri-Cities), Washington
The Kennewick housing market is currently operating in neutral territory, characterized by steady price growth and balanced inventory levels. While median sale prices have seen a modest year-over-year increase, the market remains accessible compared to broader state trends. Demand is supported by a stable local economy and consistent population growth, keeping the market in a state of equilibrium.
No ARED county foreclosure postings attributed to Kennewick-Richland (Tri-Cities) yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2026) (within 12.5%).
Median prices moved up 1.0% year over year.
Homes spend a median of 33 days on market with 7.0 months of supply — a balanced-paced market.
22% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 10.5% — a stable, low-distress profile.
- QUAKE Family Fun Center4.37.4 mi
- Chuck E. Cheese44.3 mi
- Max Air Trampoline Park4.25.1 mi
- Gesa Carousel of Dreams4.83.7 mi
- Atomic Escape Rooms4.85.4 mi
- Toyota Center4.44.7 mi
- HAPO Center4.35 mi
- Three Rivers Convention Center4.64.7 mi
- Benton County Fairgrounds4.41.4 mi
- Gesa Stadium4.64.7 mi
- Howard Amon Park4.78.5 mi
- Fairchild Cinemas4.79.7 mi
- Leslie Groves Park4.69.7 mi
- Country Mercantile4.710.7 mi
- Fairchild Cinemas - Southgate 104.63.1 mi
- REACH Museum4.65 mi
- Manhattan Project National Historical Park Hanford; Branch B Reactor--Headquarters4.611.5 mi
- Cafe con Arte4.82 mi
- Xenophile Bibliopole4.811.4 mi
- Sacajawea State Park Interpretive Center4.63.9 mi
- Howard Amon Park4.78.5 mi
- Leslie Groves Park4.69.7 mi
- Badger Mountain Trailhead4.89.2 mi
- Lawrence Scott Park4.44.1 mi
- Columbia Point Marina Park4.67.2 mi
- Umatilla Marina Park4.422.1 mi
- Sun Willows Golf Course4.43 mi
- Horn Rapids Golf Course4.312.4 mi
- Canyon Lakes Golf Course4.53.2 mi
- Zintel Creek Golf Course4.41.3 mi
- Let’s Glow Mini Golf4.35.1 mi
- Columbia Center4.25.3 mi
- WinCo Foods4.53 mi
- Fred Meyer4.42.1 mi
- WinCo Foods4.47.9 mi
- Fred Meyer4.38.8 mi
- Tri-Cities Airport4.43.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A major riverfront park offering extensive green space, walking trails, and access to the Columbia River, serving as a primary recreational hub for the city.
A multi-purpose arena hosting sports events, concerts, and community gatherings, significantly contributing to the city's entertainment and economic profile.
A large-scale facility featuring baseball fields and event spaces, attracting regional tournaments and supporting local youth sports.
Kennewick is an ideal fit for family buyers and professionals seeking a stable, community-oriented environment with access to regional employment hubs. The city appeals to those looking for a balance between suburban living and urban amenities, offering a lower cost of living compared to major coastal Washington cities. Its diverse housing stock also makes it a viable option for downsizers and long-term investors.
The Kennewick School District serves the city with a variety of public educational options, generally characterized by steady performance metrics. Schools in the area are supported by community-focused initiatives and ongoing facility investments. The district is recognized for its commitment to student development and college readiness programs.
The city is served by a network of major highways that facilitate regional connectivity within the Tri-Cities and beyond. Public transit options are available, though the commute profile is primarily dominated by private vehicle usage. Infrastructure planning focuses on maintaining efficient traffic flow across the city's growing residential and commercial zones.
Kennewick offers extensive recreational opportunities, including numerous parks, riverfront trails along the Columbia River, and access to regional golf courses. The city's amenity base is designed to support an active lifestyle, with significant investment in sports complexes and community centers. Residents benefit from proximity to regional shopping districts and diverse dining options that serve the broader Tri-Cities area.
The rental market in Kennewick shows moderate depth, with a mix of single-family and multi-family housing options available to meet local demand. Rent trajectories have remained relatively stable, reflecting the city's balance between supply and population growth. Investor interest is present, though the market is primarily driven by long-term residential needs rather than short-term rental speculation.
Kennewick's economy is anchored by the broader Tri-Cities energy, agricultural, and research sectors, with significant employment provided by regional healthcare and retail services. The city maintains steady economic momentum through its role as a commercial center for the surrounding area. Industry diversity helps insulate the local economy from sector-specific downturns.
Kennewick benefits from a diverse economic base anchored by the Tri-Cities' regional focus on energy, agriculture, and research sectors. Infrastructure development is ongoing to support population growth, with significant investment in local transportation and commercial corridors. The city's economic momentum is bolstered by its role as a key residential and retail hub within the Tri-Cities metro.
Development planning in Kennewick focuses on expanding residential capacity and enhancing commercial infrastructure to accommodate ongoing population growth. Major projects often involve mixed-use developments and improvements to public facilities to support the city's long-term sustainability. The city actively manages its growth pipeline to ensure alignment with regional infrastructure capabilities.
Parcels in Kennewick are subject to various special districts, including the Kennewick School District, local fire districts, and utility districts responsible for water and sewer services. These districts are funded through property tax levies and service fees, which are integrated into the overall tax structure for homeowners. Residents may also be impacted by regional flood control and hospital district assessments.
Kennewick experiences crime rates generally consistent with regional averages for the Tri-Cities area, with property crime being the most prevalent concern. Local law enforcement maintains active community outreach programs to address public safety trends. Regional comparisons suggest the city remains a stable environment relative to larger Washington urban centers.
The area is situated in a semi-arid climate, which necessitates awareness of wildfire risks in surrounding undeveloped lands and occasional high-wind events. Flood risks are primarily managed through regional levee systems along the Columbia River. Property insurance markets remain stable, though homeowners are encouraged to maintain adequate coverage for regional environmental hazards.
The property insurance market in Kennewick is influenced by regional environmental factors, including wildfire and wind exposure. Premiums remain competitive, though insurers continue to monitor hazard risks closely. Homeowners are advised to maintain comprehensive coverage to mitigate potential losses from regional climate-related events.
Property taxes in Kennewick are determined by the Benton County Assessor based on annual valuations, with rates set by local taxing districts including the city, school district, and county. Washington State does not impose a personal income tax, which influences the overall tax burden for residents. Special assessments may apply for specific utility or infrastructure improvements within certain districts.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from data.census.gov for Kennewick city, Washington.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.
County linkage populates as this city's member ZIP reports roster beneath it.
No ZIP intel reports rostered under this city yet — property dossiers roll up through the ZIP tier, so the chain populates as the county refreshes discover them.