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 $1,700 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
Kennewick's housing market demonstrates steady transaction velocity with a median sale price of $429,105, advancing 1.0% year-over-year. Inventory remains lean at roughly 2.4 months of supply, supporting a sale-to-list ratio of 99.8% and a median days on market of 33 days. Sustained demand from regional STEM, medical, and agriculture-related employment continues to counterbalance the headwinds of high mortgage interest rates.
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: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Median prices moved up 1.0% year over year.
Homes spend a median of 33 days on market with 2.4 months of supply — a fast-moving market.
21% of listings have cut prices · homes sell at 99.8% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.9% · poverty 12.3% — 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 400-acre park along the Columbia River featuring 4.5 miles of shoreline, boat launches, a golf course, and fishing ponds that serves as the region's premier festival and event venue.
A modern municipal multi-sport campus hosting state and regional youth tournaments, adult leagues, and community events.
A 6,000-seat multi-purpose indoor arena hosting the Tri-City Americans WHL hockey team, touring concerts, and trade expos.
One of Eastern Washington's highest-rated championship public golf courses, driving adjacent luxury master-planned home demand.
Kennewick is well-suited for families seeking attainable detached housing, outdoor amenities, and established public schools compared to Western Washington metros. It also strongly appeals to relocators working within the regional STEM, energy, and medical hubs across the Tri-Cities seeking lower cost of living and zero personal income tax.
Kennewick is served by Kennewick School District No. 17, which features well-rated elementary options like Ridge View, Amon Creek, and Sage Crest alongside large comprehensive high schools (Kamiakin, Kennewick, and Southridge). District academic performance spans widely across campuses, reflecting shifting neighborhood socioeconomic divides.
Kennewick is served by US Route 395 and State Route 240, connecting the city to Interstate 82, Richland, and Pasco across the Columbia River. Public transit is provided by Ben Franklin Transit through fixed-route bus lines and Dial-A-Ride demand-response services. Commutes within the Tri-Cities metro typically range from 15 to 25 minutes, with highway bridges creating predictable peak bottlenecks.
Kennewick borders the Columbia River, providing extensive waterfront recreation via Columbia Park, the Sacagawea Heritage Trail, and multiple boat launches. The city features multiple public and private golf courses including Canyon Lakes and Tri-City Country Club, while the Southridge Sports and Events Complex hosts regional athletic tournaments.
The rental market displays healthy baseline occupancy driven by steady inflows of federal contractors, STEM researchers, and healthcare professionals. Median rents average around $1,700 per month, with newly delivered garden-style multifamily communities absorbing well across the western and southern growth nodes. Investor yields remain balanced against higher interest rates, though short-term rental activity is largely restricted to vacationers touring the Mid-Columbia wine region.
Kennewick's economy is anchored by regional commerce, retail trade, agricultural distribution, and the broader Tri-Cities federal scientific and energy complex. The regional employment base draws immense stability from the Hanford cleanup contractors and Pacific Northwest National Laboratory located in adjacent Richland. Healthcare services anchored by Trios Health have expanded substantially over the past decade, providing strong local professional employment.
Economic expansion is anchored by the Hanford site environmental cleanup mission, Pacific Northwest National Laboratory (PNNL), and advanced agriculture/food processing. Commercial development along Bob Olson Parkway and Southridge continues to capture retail, medical, and master-planned residential growth.
City planning efforts focus on infill redevelopment along Historic Downtown Columbia Drive and active annexation and arterial builds in the Southridge urban growth area. Major residential plat approvals continue along the southern ridgelines, focusing on low-to-medium-density single-family homes and garden apartments.
Parcels in Kennewick are subject to overlapping taxing jurisdictions including Benton County, City of Kennewick, Kennewick School District, Port of Kennewick, and Benton County Fire Protection District No. 1. Port of Kennewick levies support regional economic development and waterfront revitalization, while Kennewick Irrigation District (KID) delivers non-potable agricultural and residential irrigation water.
Kennewick experiences crime rates roughly in line with mid-sized Eastern Washington urban centers, with property crime and vehicle theft comprising the majority of reported incidents. Violent crime remains comparatively modest and localized, though suburban areas of South Kennewick report significantly fewer incidents than the downtown commercial corridors.
The area experiences a semi-arid steppe climate with elevated seasonal wildfire smoke risk, summer extreme heat, and severe windstorms. Riverine flood risk is largely controlled by the Columbia River dam network, with only approximately 6% of parcels facing significant 30-year flood risk.
Property insurance rates across Eastern Washington remain relatively favorable compared to high-risk coastal and wildfire-prone forested zones. However, carriers have increased base premiums over the last 24 months due to nationwide inflation in building materials and localized windstorm claims. Flood insurance is rarely required outside narrow riverine lowlands along the Columbia River bank.
Kennewick real estate is subject to Washington State's statutory aggregate property tax rate cap of 1% ($10 per $1,000 of assessed value) for unvoted levies, with voter-approved bonds and school enrichment levies bringing total consolidated rates to roughly $9.80 to $10.50 per $1,000. Washington does not impose personal income taxes, but real estate transfers face the state graduated Real Estate Excise Tax (REET) plus local REET options.
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 7.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau Place-level American Community Survey tables for Kennewick city, Washington.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
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.