Market Intelligence Report — WA-420

Kennewick-Richland, WA

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-WA-08
As of the latest 2026 data
Very Weak

Median Listing

$500K
-0.0% YoY

Pending Ratio

0.25
-1.8% YoY

Active Inventory

1,191
+9.3% YoY

Median DOM

51 Days
-10.5% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's very weak Kennewick-Richland market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Kennewick-Richland, WA.

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The Kennewick-Richland market is classified as Very Weak, with a pending ratio of 0.25 indicating severely lagging demand absorption relative to available supply. Active listings total 1,191, alongside 532 new listings in the most recent period, contributing to increased inventory pressure.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.8%-0.7 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

324,334+1.3% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Kennewick-Richland market right now.

Active listings have expanded 9.3% year-over-year, while new listings surged 44.6% over the same period, contributing to a substantial increase in available supply. This significant influx of new inventory, coupled with a stagnant median listing price (0.2% month-over-month and -0.0% year-over-year), suggests a market grappling with oversupply. The pending ratio has also declined by 1.8 percentage points year-over-year, further emphasizing the imbalance between demand and supply.

Historical Analysis

Market Trends

Median Price

$500K+0.2% MoM

Active Inventory

1,191+9.3% YoY

Days on Market

51-10.5% YoY

Sold Score™

32-1.8% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

32
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

The current market dynamics suggest that buyers have a distinct advantage in negotiating leverage, driven by abundant inventory and a slow pace of demand absorption. The high volume of available listings and limited competition for properties allow for more deliberate purchasing decisions and greater price discipline from buyers. Sellers are likely to face extended marketing periods and increased pressure to adjust pricing in order to attract offers.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

1,191 active listings represent the current floor, with new supply arriving at roughly 532 per month.

Pricing Pressure
22.6%

of active listings carry a price reduction, -1.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.8% year-over-year.

Absorption
0.25

Pending-to-active ratio — Very Weak.

Recommended For This Market

Very Weak

Selling in Kennewick-Richland, WA? Homes here are taking 6 days less to sell than last year.

Buyers have leverage in Kennewick-Richland, WA. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
25%
Median Days on Market
51 days
Inventory YoY
+9%

In a buyer's market, strategy beats timing. See how your home scores in Kennewick-Richland, WA and what moves the number.

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Metro Demographics

Metro Area
Kennewick-Richland, WA
CBSA Code
28420
State
WA

ZIPs in Kennewick-Richland, WA

Sorted by active inventory · click a ZIP for its full report