Kennewick, WA metro area Housing Market

Cool Market

Comprehensive housing market data for the Kennewick, WA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$449K

3.3% YoY

Days on Market

68 days

2.9% YoY

Active Inventory

1,035

5.8% YoY

Homes Sold

287

0.3% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Kennewick, WA metro area Market Summary

The Kennewick, WA metro area housing market is cooling down. As of March 2026, the median home sale price is $449K, up 3.3% year-over-year. Homes are spending a median of 68 days on the market, 2.9% shorter than a year ago.

There are 1,035 homes for sale — 5.8% fewer than last year. With 3.6 months of supply, this is a seller's market. 449 new listings were added during this period, up 3.0% year-over-year.

Homes are selling for 98.9% of their list price on average, suggesting room for negotiation. 22.3% of homes sell above their asking price. 25.6% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

73

Contributing Factors

Months of Supply 3.6
Days on Market 68
Price Drops 25.6%
Sale-to-List Ratio 98.9%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 2.8%
Days on Market (National: 55) 23.6%
Inventory (National: 1,314,690) 99.9%

vs. Washington Median

Median Price (Washington: $644K) 30.3%
Days on Market (Washington: 31) 119.4%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals.

Kennewick, WA metro area Market Trends

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Loading chart…

Detailed Market Metrics

Median List Price

$455K

Price per Sq Ft

$254

Sale-to-List Ratio

98.9%

Months of Supply

3.6

Sold Above List

22.3%

Price Drops

25.6%

New Listings

449

3.0% YoY

Pending Sales

453

Off Market in 2 Weeks

23.2%

Analyze a deal in Kennewick, WA metro area

Calculate cash flow, Cap Rate, DSCR, and Cash-on-Cash Return for any rental property — free and instant.

Try It Free

Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.