Housing
Housing Market
| Average Sold Price (January 2020) | $313,200 | ||
| Median Sold Price (January 2020) | $299,900 | ||
| Number of Active Residential Listings (SFR, January 2020) | 464 | ||
| Average Apartment Rent (2 Bedroom, 2 Bath) | $964 | ||
| Source: Tri-City Association of Realtors, January 2020 Data, ACCRA Cost of Living Index, 2019 Annual Average Data, Published January 2020 |
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2020 Residential Housing Statistics
| Month | Active Listings | Total Sold | Average Sales Price | Median Sales Price | Under Contract |
| Jan | 464 | 306 | $313,200 | $299,900 | 375 |
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| Source: Tri-City Association of Realtors, January 2020 Data |
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Residential Building Permit Statistics
| February 2020 |
2020 Year-to-Date | 2019 Year-to-Date | 2018 Year-to-Date | |||||
| Permits | Valuation | Permits | Valuation | Permits | Valuation | Permits | Valuation | |
| Benton County | 7 | 2,021,222 | 13 | 3,826,312 | 14 | 4,364,220 | 11 | 3,988,438 |
| Franklin County | 3 | 949,789 | 9 | 3,012,227 | 4 | 1,432,405 | 13 | 5,078,236 |
| Kennewick | 28 | 8,267,758 | 54 | 15,750,285 | 26 | 7,663,588 | 51 | 17,545,861 |
| Pasco | 31 | 8,540,221 | 72 | 19,842,901 | 56 | 14,390,621 | 43 | 12,086,336 |
| Richland | 42 | 13,002,761 | 79 | 24,494,188 | 54 | 15,036,196 | 237 | 8,838,125 |
| West Richland | 9 | 3,241,817 | 16 | 5,946,716 | 7 | 2,002,943 | 16 | 5,835,109 |
| Total SFR | 120 | 36,023,568 | 246 | 73,753,511 | 162 | 45,178,973 | 161 | 53,372,105 |
| Source: Home Builders Association of Tri-Cities and Walla Walla, February 2020 Data |
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