Home prices in Washington's Tri-Cities area recorded moderate gains in 2025, marking the second consecutive year of price increases following a market adjustment in 2023. According to data tracked by the Cari McGee Real Estate Team, all key price measures climbed year-over-year despite a relatively flat market compared to historical averages, reflecting continued stability and buyer interest in the region's housing market.
The median sales price for homes sold in December 2025 reached $424,900, representing a 1.2% increase compared with December 2024. Across all 3,590 homes sold throughout the year, the full-year median sales price was $433,000, up 1.9% from 2024. Perhaps most notably, the average sales price for the Tri-Cities in 2025 reached $479,044, which is 3.6% higher than 2024 and establishes a new annual record for the area, surpassing the previous high of $469,760 recorded in 2022.
"These gains might seem modest when viewed in isolation, but they indicate healthy market conditions and sustained demand for homes across the immediate Tri-Cities area," said Cari McGee, local Realtor® and market expert. Taken together, the data show that 2025 was a year of steady housing price appreciation for the Tri-Cities market. The geographic scope of this analysis includes Kennewick, Pasco, Richland, West Richland, Benton City, and Burbank, with further outlying areas excluded from the count.
City-by-city analysis reveals varied performance across the region's major municipalities. Kennewick experienced a 4% decline in median home price to $408,000 as of December 2025 compared to one year ago. In contrast, Pasco ended the year with a median sales price of $425,405, representing a 1.6% increase from the previous year. Richland showed the strongest growth with a median sale price of $437,445 as of December 2025, up 5% from one year ago. West Richland finished 2025 with a median sales price of $437,000, also up 1.6% from the previous year.
The sustained price appreciation across most of the Tri-Cities area suggests continued confidence in the local housing market despite broader economic uncertainties. For current homeowners, these gains represent increased equity and property values, while prospective buyers face slightly higher entry points into the market. The record average sales price particularly indicates that higher-value properties continue to attract buyers willing to invest in the region. Market observers can find additional information and analysis on the Tri-Cities real estate market at https://carimcgee.com.
This steady growth pattern following the 2023 adjustment suggests the Tri-Cities housing market has found equilibrium between supply and demand, with price increases remaining moderate rather than experiencing the dramatic spikes seen in some other regional markets. The data provides valuable insights for homeowners considering selling, buyers evaluating market timing, and policymakers monitoring housing affordability in the region.
