05/11/2026
5️⃣ Things to Know Today About the Tri-Cities Housing Market
1. Home prices are holding steady near an all-time high.
The median sales price across the Tri-Cities was $445,850 in April. That's three straight months above $440,000, which is noteworthy because in all of 2025 we only had two months where prices went above $440K. In 2024, we had zero months above that mark.
The monthly record is $450,490 back in July 2022, so we're not far from surpassing that.
2. Prices really jumped last month in Pasco and Richland.
Pasco: $449,900 median, which is up $29,900 for the month and its 2nd-highest ever
Richland: $524,900 median, which is up $29,400 for the month and also its 2nd-highest ever
3. The market is busy -- sales rose 13% last month.
Activity has gone up 3 months in a row. Last month's 323 sales were up 13% for the month, and also up 60% since January. You might hear stories about market slowdowns in other parts of the country, but that's not happening here.
4. But homes are selling slower this year.
The homes sold last month spent a median of 29 days on market (and an average of 64). Compare that to the recent median days on market in April:
April 2025: 20 median DOM
April 2024: 24
April 2023: 13
April 2022: 4 (COVID market!)
5. The number of homes sales is rising, but not like past years.
There were 1095 homes for sale as of May 6, up 2% for the month. In May 2024 and May 2025, inventory rose 9% and 7%, respectively. So, more homes are hitting the market, but not at the same rate as recent years.
I have city-by-city numbers in my blog post. 👇