Home prices in Washington's Tri-Cities area recorded moderate gains throughout 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 December 2025 median sales price for homes was $424,900, representing a 1.2% increase compared with December 2024. Across all 3,590 homes sold in 2025, the full-year median sales price reached $433,000, up 1.9% from the previous year. 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. The previous high average sales price was $469,760 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. The data collectively show that 2025 was a year of steady housing price appreciation for the Tri-Cities market, which includes Kennewick, Pasco, Richland, West Richland, Benton City, and Burbank.
City-by-city analysis reveals varied performance across the region's largest municipalities. Kennewick experienced a decline, with the median price of a home reaching $408,000 as of December 2025, down 4% from one year ago. In contrast, Pasco ended the year with a median sales price of $425,405, which is 1.6% higher than one year ago. Richland showed stronger growth, with the median sale price reaching $437,445 as of December 2025, up 5% from one year ago. West Richland finished 2025 with a median sales price of $437,000, up 1.6% from one year ago.
The sustained price increases in most Tri-Cities communities suggest ongoing demand for housing in the region, which has implications for both current homeowners and prospective buyers. For homeowners, the appreciation represents increased equity and financial stability, while for buyers, it indicates a competitive market that requires careful planning and consideration. The market's performance also has broader implications for the local economy, as real estate activity often correlates with consumer confidence and spending patterns. More information about the Tri-Cities real estate market is available at https://CariMcGee.com.
