Kennewick housing market

Strong buyer's marketKennewick, WA metro areaData through Sep 2026
Typical home value
$437K
▲ 0.4% 1 yr
Typical rent
$1,695/mo
▼ 0.3% 1 yr
12-month forecast
+1.6%
#337 of 546 metros
Gross rent yield
4.7%
#455 of 546 · U.S. 6.3%
Days to pending
56 days
▲ +10 days 1 yr
Listings with a price cut
30%
▼ −0.7 pts 1 yr

Key takeaways

  • 1The typical home is worth $436,660, up 0.4% in a year and up 14% over five years.
  • 2Zillow forecasts home values rising 1.6% over the next 12 months (U.S.: +1.1%).
  • 3Typical rent is $1,695/mo (−0.3% YoY), a 4.7% gross yield, below the U.S. 6.3%.
  • 4At 7.32% with 20% down, the typical home costs $2,400/mo in principal and interest, $705 more than renting.
  • 5Homes go under contract in 56 days (+10 days vs last year); 30% of listings have had a price cut.
Market temperature
Strong buyer's market
Buyer'sNeutralSeller's

Zillow Market Heat Index: 23/100, #513 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.

Home values and rent

Typical home value
Latest $437K
$238K$300K$363K$425K2016201920222025
Typical monthly rent
Latest $1,695
$1,090$1,284$1,477$1,6712016201920222025

How fast homes are selling

Days to go under contract
Latest 56
1434547420182020202220242026
Share of listings with a price cut
Latest 30.2%
10.5%17.4%24.3%31.2%20182020202220242026
Homes for sale vs new listings
Latest 1,239
For saleNew listings
2115308491,16820182020202220242026
Share of homes sold above list price
Latest 20.5%
19.3%33.1%47.0%60.9%20182020202220242026

Affordability

Household income needed to buy vs rent
Latest $117K
To buy (20% down)To rent
$47K$70K$93K$116K201620182020202220242026

Source: Zillow Research (ZHVI, ZORI and market activity data).

How Kennewick compares

MeasureKennewickUnited StatesRank of 546
Home value, 1-yr change+0.4%+1.2%#410
Home value, 5-yr change+14.3%+19.7%
12-month forecast+1.6%+1.1%#337
Rent, 1-yr change−0.3%+2.7%#530
Gross rent yield4.7%6.3%#455
Price-to-rent ratio21.515.8
Mortgage P&I on typical home$2,400$2,012
Income needed to buy$117,017$100,902
Days to pending5656

Cities in the Kennewick metro

3 cities with home value and rent data.

Kennewick$428K▲ 0.5%$1,654▲ 2.2%4.6%
Pasco$416K▲ 0.4%$1,707▼ 1.0%4.9%
Richland$463K▲ 0.3%$1,697▼ 2.6%4.4%

Run the numbers

Other Washington metros

Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.