Home prices in Washington's Tri-Cities area recorded moderate gains throughout 2025, marking the second consecutive year of price increases following a market adjustment in 2023. According to data tracked by the Cari McGee Real Estate Team, all key price measures climbed year-over-year despite a relatively flat market compared to historical averages, reflecting continued stability and buyer interest in the regional housing market.
The most significant indicator came from the average sales price, which reached $479,044 in 2025—3.6% higher than 2024 and establishing a new annual record for the area. This surpassed the previous high average sales price of $469,760 recorded in 2022. Across all 3,590 homes sold in 2025, the full-year median sales price was $433,000, representing a 1.9% increase from 2024. The December 2025 median price specifically stood at $424,900, a 1.2% increase compared with December 2024.
"These gains might seem modest when viewed in isolation, but they indicate healthy market conditions and sustained demand for homes across the immediate Tri-Cities area," said Cari McGee, local Realtor® and market expert. The data collectively show that 2025 was a year of steady housing price appreciation for the Tri-Cities market, which includes Kennewick, Pasco, Richland, West Richland, Benton City, and Burbank.
City-by-city analysis reveals varied performance across the region's largest municipalities. Richland showed the strongest growth, with its median sale price reaching $437,445 as of December 2025—a 5% increase from one year ago. Pasco ended the year with a median sales price of $425,405, up 1.6% from the previous year, while West Richland finished 2025 with a median sales price of $437,000, also reflecting a 1.6% increase. Kennewick was the exception, with its median home price declining to $408,000 as of December 2025, representing a 4% decrease from one year ago.
This sustained price growth matters because it signals resilience in a regional economy that has experienced market fluctuations. For current homeowners, the appreciation represents increased equity and financial stability. For prospective buyers, the moderate gains suggest a balanced market rather than the rapid escalation that can create affordability challenges. The record average price particularly indicates that higher-value properties are moving through the market successfully, which can influence construction trends and neighborhood development priorities. Industry observers can find additional market insights at CariMcGee.com.
