Kennewick, WA 99336 Real Estate Market Report

ZIP Code: 99336
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. $344,900 median sold price is the primary indicator of recent market value in 99336 and, when compared to the $355,000 median listing price, suggests seller expectations are positioned above transaction outcomes — this pricing gap may indicate moderate pricing friction between asking and realized values.

2. 220 median days on market points to slower sales velocity; combined with a relatively constrained active supply in the analyzed sample, this appears to support a balanced market temperature rather than a distinctly hot market and suggests sellers may need to allow more time to reach contract.

3. $238 median price per square foot alongside a $1,495 median market rent shows local pricing and rent benchmarks; with rent year-over-year trend reported as down, rental income expectations may be softer than recent historical norms and should be stress-tested by investors.

4. The market is described as neutral in temperature while interest rate pressure is elevated, which may continue to damp buyer urgency and contribute to the observed longer median days on market; under these conditions, pricing and marketing strategies that account for financing sensitivity are advisable.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Kennewick, WA 99336 Real Estate Market Report

ZIP Code: 99336
Report Date: May 2026
Market Temperature: NEUTRAL
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

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Key Findings

1. The median sold price is 247,450, which should be treated as the primary indicator of recent market value and suggests pricing that is lower than current asking levels given the median listing price of 294,500, indicating seller expectations exceed recent transactional outcomes.

2. The market shows slower sales velocity: the median days on market of 452 points to extended marketing timeframes and likely pricing friction rather than rapid turnover, which may require more aggressive pricing or incentives to accelerate closings.

3. Price momentum is soft with the price year-over-year trend reported as down, while the market temperature is characterized as neutral, suggesting a balanced but slightly softening environment where sellers should be cautious about listing expectations.

4. Rent and financing pressures are relevant: the median market rent is 1,200 with the rent year-over-year trend down, and interest rate pressure is elevated, which together may constrain buyer affordability and keep transaction growth moderate.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.