Housing
Housing Market
| Average Sold Price (April 2021) | $376,400 | ||
| Median Sold Price (April 2021) | $357,900 | ||
| Number of Active Residential Listings (SFR, April 2021) | 197 | ||
| Average Apartment Rent (2 Bedroom, 2 Bath) | $1,009 | ||
| Source: Tri-City Association of Realtors, April 2020 Data, ACCRA Cost of Living Index, 2020 Annual Average Data, Published February 2021 |
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2021 Residential Housing Statistics
| Month | Active Listings | Total Sold | Average Sales Price | Median Sales Price | Under Contract |
| Jan | 241 | 318 | $354,000 | $341,500 | 410 |
| Feb | 195 | 327 | $357,200 | $338,000 | 400 |
| Mar | 159 | 407 | $377,300 | $359,200 | 493 |
| Apr | 197 | 407 | $376,400 | $357,900 | 392 |
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| Source: Tri-City Association of Realtors, April 2021 Data |
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Residential Building Permit Statistics
| April 2021 |
2021 Year-to-Date | 2020 Year-to-Date | 2019 Year-to-Date | |||||
| Permits | Valuation | Permits | Valuation | Permits | Valuation | Permits | Valuation | |
| Benton County | 29 | 9,495,518 | 77 | 26,765,966 | 24 | 7,754,848 | 35 | 10,544,539 |
| Franklin County | 1 | 292,351 | 17 | 6,135,208 | 14 | 4,590,255 | 21 | 8,717,574 |
| Kennewick | 21 | 7,501,699 | 78 | 25,534,325 | 92 | 28,965,083 | 84 | 26,544,820 |
| Pasco | 36 | 10,317,511 | 181 | 48,628,274 | 126 | 33,022,099 | 166 | 44,364,556 |
| Richland | 17 | 5,411,637 | 131 | 48,858,024 | 107 | 33,101,811 | 118 | 34,646,342 |
| West Richland | 18 | 6,593,364 | 129 | 41,287,316 | 37 | 13,081,033 | 18 | 5,388,206 |
| Total SFR | 126 | 40,787,834 | 629 | 201,462,158 | 403 | 121,396,011 | 445 | 131,014,937 |
| Source: Home Builders Association of Tri-Cities and Walla Walla, April 2021 Data |
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