The story of this market
The typical home in Kennewick, Washington sells for about $451,400, or $262 per square foot.
Prices are up +2.7% from a year ago, so sellers still have some momentum. Homes take about 57 days to sell. HUD's fair market rent for a two-bedroom is $1,600 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, Washington
The Kennewick housing market shows signs of stabilization with moderate price growth and a balanced inventory level. While appreciation has cooled compared to previous years, the market remains active with steady demand from local buyers. The city's economic diversity and ongoing development projects continue to support long-term market health.
No ARED county foreclosure postings attributed to Kennewick 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.
Deterministic aggregate of 3 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 0.4% year over year.
Homes spend a median of 74 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 99.15% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.0% · poverty 14.3% — a stable, low-distress profile.
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 massive riverfront park offering extensive green space, boat launches, and walking trails. It serves as a primary venue for community events and regional festivals.
A modern facility hosting regional sports tournaments and community gatherings. It is a key driver of local activity and property demand in the Southridge area.
A premier golf destination in the city known for its scenic layout and well-maintained greens. It enhances the desirability of the surrounding residential neighborhoods.
Kennewick is well-suited for families seeking a balanced lifestyle, professionals working in the regional energy and research sectors, and those looking for a more affordable alternative to larger Washington cities. The city offers a mix of suburban living, recreational access, and a stable economic environment. It is particularly attractive to buyers who value community amenities and proximity to the Columbia River.
The Kennewick School District serves the majority of the city, offering a range of educational programs from early childhood through high school. Schools in the area are generally characterized by steady performance metrics and ongoing efforts to accommodate a growing student population. The district is a central pillar of the community, providing diverse extracurricular and academic opportunities.
The city is served by a network of major highways, including US-395 and I-82, facilitating regional connectivity. Public transit is provided by Ben Franklin Transit, which offers bus services throughout the city and the broader Tri-Cities area. Commute times are generally moderate, reflecting the city's accessible layout.
Kennewick offers extensive recreational opportunities, including numerous parks, riverfront trails along the Columbia River, and access to water sports. The city features several golf courses and a robust system of community centers and sports complexes. Shopping and dining districts, particularly in the Southridge area, provide significant local amenities.
The rental market in Kennewick is characterized by steady demand driven by the local workforce and regional growth. Vacancy rates remain relatively low, supporting consistent rent trajectories. Investor interest is present, though the market is primarily dominated by long-term residential needs rather than short-term vacation rentals.
Kennewick's economy is anchored by the energy sector, including the Hanford Site, as well as agriculture and healthcare. The city maintains a stable employment base with consistent growth in service and retail industries. Economic momentum is supported by regional collaboration within the Tri-Cities.
Kennewick benefits from a diverse economic base anchored by the Tri-Cities' focus on energy, agriculture, and research sectors. Infrastructure development is ongoing to support a growing population, with significant residential and commercial projects underway. The city maintains strong momentum as a regional hub for commerce and services.
Development planning in Kennewick focuses on expanding residential capacity in the Southridge area and revitalizing the downtown riverfront. Major projects include infrastructure upgrades to support increased traffic and utility demand. The city actively manages growth through comprehensive land-use policies.
Parcels in Kennewick are subject to various special districts, including school districts, fire districts, and utility districts. These districts provide essential services such as education, emergency response, and water management. Property owners pay assessments to these entities as part of their annual tax obligations.
Kennewick experiences crime rates that are generally consistent with regional averages for the Tri-Cities area. Local law enforcement focuses on community-oriented policing to address property and nuisance crimes. Residents typically perceive the city as having stable safety conditions compared to larger urban centers in Washington.
The city is located in a semi-arid climate, which necessitates careful water management and awareness of wildfire risks in surrounding undeveloped areas. Flood risks are primarily managed through local infrastructure along the Columbia River. Property insurance markets remain stable, though premiums reflect regional environmental considerations.
The property insurance market in Kennewick is stable, with premiums influenced by regional wildfire and flood risk assessments. Residents generally have access to a competitive range of insurance providers. Market health is supported by proactive local risk management and infrastructure investment.
Property taxes in Kennewick are determined by the Benton County Assessor based on assessed property values and local levy rates. The tax structure includes contributions to the city, county, school districts, and special purpose districts. Exemptions are available for qualifying seniors and disabled veterans as per Washington state law.
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 10.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from U.S. Census Bureau ACS 2023 tables.
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. Source: NCES EDGE public school locations 2023-24.