Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$436,660+0.4% YoY · prices are flat
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$94,659About 1.1× the local median income ($88,161): a stretch for a typical household
Days on market64 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.6%Zillow expects prices to rise slightly
The typical home in Kennewick-Richland, WA is worth $436,660, about the same as a year ago. That is well above what local incomes have historically supported: fair value is about $382,031, so the area is 14.3% overvalued. It is a buyer's market: homes take about 64 days to sell, listings are up 16% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 1.6% over the next year. A household needs about $94,659 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $88,161. Typical rent is $1,695 a month, or $2,272 for a house. In the latest IRS figures, 921 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$436,660
Change in 1 year
+0.4%
Overvalued %
+14.3%
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Fair home value
$382,031
Change in 5 years
+14.3%
Zillow forecast, next 12 months
+1.6%
Home value to income
5.0×
Monthly mortgage payment (20% down)
$2,366
Income needed to afford it
$94,659
Property tax rate
0.76%
Rent and investing
Typical rent
$1,695
Typical rent for houses
$2,272
Price-to-rent ratio
21.5×
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HUD Fair Market Rent, 2 bedrooms
$1,487
Gross rental yield
4.66%
Cap rate (estimate)
3.03%
Market activity
Listings vs a year ago
+16.5%
Days on market
64
Listings with a price cut
22.2%
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Homes for sale
1,245
Pending sales per 100 listings
18
Asking price per sq ft
$258
People and jobs
Median household income
$88,161
Population change (1 year)
+1.2%
Unemployment rate
5.4%
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Population
324,334
Income adjusted for cost of living
$88,073
Net moves in (IRS)
+921
Cost of living (US = 100)
100.1
Schools, risk and environment
School rating (1 to 10)
5.2
FEMA hazard risk score (0 to 100)
82.5
Unhealthy air days a year
2
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Flood risk score
87.7
Wildfire risk score
92.9
Walkability (1 to 20)
10.8
Road, rail and air noise
53 dB
Questions people ask
Is Kennewick-Richland, WA overvalued?
Home prices in Kennewick-Richland, WA are well above what local incomes have historically supported: fair value is about $382,031, so the area is 14.3% overvalued.
Is Kennewick-Richland, WA a buyer's or seller's market?
Kennewick-Richland, WA is a buyer's market: homes take about 64 days to sell, listings are up 16% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Kennewick-Richland, WA?
Home values in Kennewick-Richland, WA are up 0.4% over the last year. Zillow's forecast for the next 12 months is +1.6%.
How much do you need to earn to buy a home in Kennewick-Richland, WA?
A household needs about $94,659 a year to afford the typical home in Kennewick-Richland, WA at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $88,161.