Tri-Cities Home Prices Rose 1.2% to 3.6% in 2025

Tri-Cities home prices were up slightly again in 2025, a second consecutive year of small-to-modest price gains.

The specific size of the price rise depends on which numbers you look at, and in one case, you can even say that we set a new price record last year! But as is often the case, there’s a lot of nuance in the data.

For the purpose of this article, I’ll start with the monthly median prices, since that’s always the focus of my regular Tri-Cities market updates.

Tri-Cities Year-End Median Home Prices

We’ve been tracking our own sales data since late 2018. Here’s a look at the median sales price in December of each year since then.

Our median sales price last month (i.e., for homes that sold in December 2025) was $424,900. That’s a 1.2% increase compared to December 2024. When you look at the data this way, it’s the smallest annual price increase since we’ve been tracking sales data.

It’s also the second straight year with prices rising, after the price drop we saw between 2022 and 2023.

(Quick reminder: When I say “Tri-Cities,” I’m including Kennewick, Pasco, Richland, West Richland, Benton City, and Burbank in my numbers. Our local Realtors®’ Association, and other local agents, will report data that includes Basin City, Connell, Eltopia, Paterson, and several other cities that we don’t consider to be part of the “Tri-Cities.”)

There’s another way to look at 2025 home prices…

Tri-Cities Full-Year Home Prices 2025

The chart above just looks at sales prices every December. What if we take into account all the homes sold for the entire year? Here’s what that looks like:

In 2025, there were 3,590 home sales across the Tri-Cities. Those sales had a median price of $433,000, which is 1.9% higher than 2024, when the full-year sales price was $425,000. It’s also the second-highest full-year median price we’ve ever had, just below the $435K median in 2022.

But if you look at the average sales price, instead, we set a new record last year. The average sales price of Tri-Cities’ homes last year was $479,044, which is 3.6% higher than 2024. It also breaks the 2022 record of $469,760.

Putting It All Together

On the low end, prices were up 1.2% in 2025 — that’s if you compare December’s median sales price to the previous year.

If you look at full-year sales data, the median price was up 1.9% year-over-year. The average sales price was up 3.6%, and set a new annual record.

No matter how you look at it, price gains between 1.2% and 3.6% are healthy.

City-by-City Breakdown

If you’re looking for home price info about the specific cities in our area, try these links:

• Kennewick home prices
• Pasco home prices
• Richland home prices

And, as always, if you have any market-related questions, drop me a note anytime.