Housing Prices in Richland, WA

How much do homes in Richland, WA cost?

Median List Price

$494,995

$246/sqft

Based on all homes listed in the last 12 months.

Difference Since November 2023

+$44,995(+10.0%)

Key Takeaway

The list price of homes in Richland has increased by 10% since last year.

Summary: The median home list price in Richland was $494,995 in November 2024, up 10% from the previous year, and the median price per square foot was $246.

Median List Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 -$284.9K
N/A
3 $379K$412.9K
+9.0%
4 $695K$799.9K
+15.1%
5+ $469.9K$472.5K
+0.6%

Summary: Richland housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 0.6%.

Median List Price Compared To Nearby Cities

Richland
+10.0%
Kennewick
+4.4%
Pasco
-5.2%

Housing Supply in Richland, WA

How many homes are available in Richland, WA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1017+70.0%

Summary: The Richland real estate market had 17 homes for sale in November 2024, a 70.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 36
+100.0%
4 69
+50.0%
5+ 01
+100.0%

Summary: The Richland housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.

Days on Market for Richland, WA

How long does it take to sell a home in Richland, WA?

Average Listing Age

Nov 2023Nov 2024CHANGE
120 Days63 Days-47.4%

Summary: Homes in Richland had an average listing age of 63 days in Nov 2024, down by 47.4% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Richland, WA

Nearby Markets to Richland, WA