GemHausNew report

Kennewick, WA 99336 Real Estate Market Report

ZIP Code: 99336
Report Date: April 2026
Market Temperature: NEUTRAL
Scope: Single-Family Residential (SFR) listings and comps only


Executive Overview

The median sold price in Kennewick, WA is $301,490, reflecting the actual market transactions and providing a clearer picture of current housing values. This price indicates a stable market environment, as the overall market temperature is classified as neutral. With homes taking an average of 1,015 days on the market, this suggests a slower sales velocity compared to previous periods, which may indicate a shift towards a more balanced market where buyers have increased leverage.

Despite the median listing price being $343,500, the gap between listing and sold prices suggests some pricing friction, as sellers may need to adjust expectations to align with buyer sentiment. The local economy remains robust, supporting steady housing demand, yet the elevated inventory levels relative to sales activity indicate a potential for price stabilization in the near future.


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.

Analysis Window
90 Days
Total Properties Analyzed
126
Active Listings
51
Sold Properties
75

Market Metrics

Median Listing Price
$343,500
Median Sold Price
$301,490
Median Price per Sqft
$200/sqft

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.


Rental Market

Median Market Rent
$1,571
Rent Range
$955 - $1,950

Property Taxes

Property Tax Rate
0.78%

Liquidity & Velocity

Median Days on Market
1015
Sale-to-List Ratio
100.0%

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.


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.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
flat
Interest Rate Pressure
moderate

Key Findings

  1. The median sold price of $301,490 suggests a stable market environment amidst fluctuating buyer expectations.

  2. Homes are taking an average of 1,015 days on market, indicating a slower sales velocity and potential pricing adjustments.

  3. The median listing price of $343,500 reflects a significant gap from the sold price, suggesting pricing friction in the market.

  4. With a neutral market temperature, the balance between supply and demand appears to be stabilizing, allowing for more buyer leverage.

  5. Elevated inventory levels relative to sales activity may lead to moderate price adjustments in the coming months.


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.

Recent Transactions

8906 W Rio Grande Ave, Kennewick, WA 99336
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds
2 baths
2,237 sqft
$569,000
Mar 1, 2026
$254/sqft/sqft
268 days on market
8524 W 4th Pl, Kennewick, WA 99336
Premium

Sold above market average

3 beds
3 baths
2,526 sqft
$565,000
Mar 1, 2026
$224/sqft/sqft
41 days on market
6730 W 9th Ave, Kennewick, WA 99336
Market Benchmark

Sold at market average

5 beds
2 baths
2,810 sqft
$559,900
Jan 1, 2026
$199/sqft/sqft
201 days on market
808 S Young St, Kennewick, WA 99336
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,460 sqft
$325,000
Feb 1, 2026
$223/sqft/sqft
83 days on market
2724 W Imnaha Ave, Kennewick, WA 99336
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
1 baths
1,440 sqft
$325,000
Jan 1, 2026
$226/sqft/sqft
177 days on market
620 E 7th Ave, Kennewick, WA 99336
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds
2 baths
1,320 sqft
$325,000
Jan 1, 2026
$246/sqft/sqft
153 days on market
1220 N Jefferson St, Kennewick, WA 99336
Quick Flip

Sold below market average

3 beds
1 baths
1,454 sqft
$95,200
Mar 1, 2026
$65/sqft/sqft
7096 days on market
1608 W 1st Ave, Kennewick, WA 99336
Quick Flip

Sold below market average

3 beds
1 baths
600 sqft
$50,000
Feb 1, 2026
$83/sqft/sqft
5557 days on market

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 4/1/2026

GemHaus

Get personalized market intelligence

Unlock deeper property intel in Kennewick, WA valuations, rent comps, operating costs, and pro-forma breakdowns.

Nearby Market Reports