Metropolitan market · Washington · September 2026 data

What is the Kennewick, WA real estate market doing?

As of September 2026, the median home listed in Kennewick, WA asks $499,900, down 2.0% year over year. Homes spend a median of 58 days on market, with 1,235 active listings and 23% carrying a price cut; pending contracts equal 21% of active listings, and inventory sits at 178% of the same month in 2019 — a balanced market. Estimated gross rental yield on the median listing is 3.7%. Figures come from public records and industry data, updated monthly.

Median listing price
$499,900
▼ 2.0% YoY
Median $ / sq ft
$259
2,060 sq ft median
Median days on market
58
September 2026
Active listings
1,235
For sale now
New listings
470
September 2026
Listings with price cuts
23%
Share of active
Inventory vs 2019
178%
Same month, 2019 = 100
Pending / active
21%
Contract activity
Median sale price (closed)
$440,000
▲ 2.5% YoY · closed sales · July 2026
Sale-to-list ratio
99.5%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
348
Closed sales · July 2026, seasonally adjusted

What is the Kennewick, WA housing market doing right now?

The Kennewick, WA housing market lists at a $499,900 median as of September 2026, down 2.0% year over year, with a 58-day median market time and 1,235 homes for sale (23% with a price cut). Active inventory is 178% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule. Gross rental yield is about 3.7%.

Kennewick housing market statistics

The table summarizes Kennewick's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Kennewick.

Kennewick, WA housing market at a glance — September 2026
MetricLatestDetail
Median listing price$499,900-2.0% YoY
Median price per sq ft$2592,060 sq ft median
Median days on market58-3% YoY
Active listings1,235+16% YoY
New listings this month470September 2026
Listings with a price cut23%Share of active
Median sale price (closed)$440,000+2.5% YoY · closed sales, July 2026
Sale-to-list ratio99.5%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio21.4%265 pending
Inventory vs 2019178%Active listings vs same month in 2019
Gross rental yield3.7%2BR fair market rent

How have home prices changed in Kennewick?

Kennewick home prices are down 2.0% year over year and 0.0% month over month as of September 2026, at a $499,900 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$529K$519K$509K$500K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Kennewick WA · trailing 8 quarters · source: public records and industry data.

The 10-year view
$543K$490K$438K$385K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Kennewick WA · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Kennewick?

Kennewick has 1,235 active listings, 470 new this month, 265 pending as of September 2026. About 23% of active listings have cut their price, and inventory sits at 178% of its 2019 level — a balanced market by pace.

Active listings
1,235
New this month
470
Pending
265
Price-reduced
282

Is Kennewick a good real estate investment?

Kennewick scores 37/100 on WealthyBud's composite Investor Score, ranking #723 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
37/100
#723 of 933 covered metros
12-month outlook
-3.6%
▼ Cooling · model output, not advice
Price volatility
Medium
σ 5.3% · 20-yr price-index swings
Momentum
43
Value
47
Rental yield
40
Supply risk
96
Market heat
54

Kennewick scores 37/100 on our composite Investor Score (#723 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; the metro's long-run house price index has it up 40% over five years and +116% over ten, leaving prices 47% above its own 2000–2019 trend; at the published FY2026 fair market rent of $1,538/mo for a two-bedroom, the gross rental yield on the median listing is about 3.7%; active inventory sits at 178% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 2.0% year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Kennewick ranks on the trending markets index.

How much is a monthly mortgage payment in Kennewick?

A home at Kennewick's $499,900 median listing runs about $2,736 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$2,470/mo
−$266/mo vs today
At today's rate · 7.28%
$2,736/mo
National weekly average
If rates rise 1% · 8.28%
$3,013/mo
+$277/mo vs today

Principal & interest on the $499,900 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Kennewick?

To buy Kennewick’s $499,900 median listing with 20% down, a household needs about $131,000 a year in gross income, keeping principal, interest and property tax ($3,061/mo) at 28% of income. That is 1.5× the area’s $85,881 median household income, so a typical Kennewick household cannot afford the median listing on these terms.

Income needed to buy the median home in Kennewick, WA — September 2026
ItemAmountBasis
Median listing price$499,900September 2026
Down payment (20%)$99,980Assumption
Principal & interest (7.28%, 30-yr fixed)$2,736/moRate as of 2026-10-01
Property tax (0.78% effective rate)$325/moCensus ACS
Income needed (28% rule)$131,000Gross household income / yr
Median household income$85,881Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Kennewick housing market?

Longer-run demand in Kennewick shows up in 2,431 homes permitted in 2025; net migration of +921 residents; 0.0% job growth. Natural-hazard risk rates Relatively Moderate. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
2,431
▼ 3.3% vs 2024
7.9 per 1,000 residents
Net migration (2022–2023)
+921
▲ people, via tax-return records
net income flow +$12.0M/yr
Job growth (YoY)
0.0%
130.8k nonfarm jobs · August 2026
Natural-hazard risk
Relatively Moderate
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

Client-ready report

Send a branded Kennewick market report to your clients.

Open report gallery
Find the best in Kennewick

Kennewick housing market FAQ

What is the median home price in Kennewick?
As of September 2026, the median listing price in Kennewick, WA is $499,900, down 2.0% year over year (source: public records and industry data). Figures cover the Kennewick-Richland, WA metro area.
How much does it cost to buy a home in Kennewick?
The median home listed in Kennewick asks $499,900 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $2,736 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Kennewick?
The median property in Kennewick spends 58 days on the market, with 1,235 homes actively listed and 23% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Kennewick?
With a median 58 days on market and 23% of active listings carrying a price cut, pending contracts at 21% of active listings, Kennewick reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Kennewick a good place to invest in real estate?
Kennewick scores 37/100 on WealthyBud's Investor Score, ranking #723 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Kennewick?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Kennewick and the wider Washington market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Kennewick-Richland, WA metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Washington housing markets

Andre Fontaine Mortgage Market Analyst

Andre Fontaine is a mortgage market analyst who covers rate trends, loan products and lending standards using public Federal Reserve and HMDA data. He focuses on how financing conditions affect buyer affordability across income levels.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.