Housing Prices in Richland, WA

How much do homes in Richland, WA cost?

Median List Price

$499,990

$232/sqft

Based on all homes listed in April 2024.

Difference Since Last Month

+$75,090(+17.7%)

Key Takeaway

The list price of homes in Richland has increased by 17.7% since March.

Summary: The median home list price in Richland was $499,990 in April 2024, up 17.7% from the previous month, and the median price per square foot was $232.

Median List Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$499.9K
N/A
3 $387.4K$424.9K
+9.7%
4 $370K$749.8K
+102.6%
5+ $789.9K$642.5K
-18.7%

Summary: Richland housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 102.6%, and 5+ bedroom homes decreased by 18.7%.

Median List Price Compared To Nearby Cities

Richland
+17.7%
Richland-Kennewick
+13.4%
Kennewick
+9.6%
Pasco
+4.4%
West Richland
0.0%

Housing Supply in Richland, WA

How many homes are available in Richland, WA?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
770.0%

Summary: The Richland real estate market had 7 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 43
-25.0%
4 11
0.0%
5+ 22
0.0%

Summary: The Richland housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Richland, WA

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

Average Listing Age

Mar 2024Apr 2024CHANGE
108 Days51 Days-52.1%

Summary: Homes in Richland had an average listing age of 51 days in Apr 2024, down by 52.1% compared to the previous month.

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

Report Updated 5 Days Ago

Newest Listings in Richland, WA

Nearby Markets to Richland, WA