Housing in Richland, WA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$435,950

Median List Price

$500,000

Price Per Sq Ft

$254

Days on Market

64

Active Inventory

268

Months of Supply

5.4

Balanced market

Zillow Home Value

$458,066

ZHVI — January 2026

Zillow Rent Index

$1,675

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 18.5%List Price 5.6%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

16.0%

Off Market in 2 Weeks

12.2%

Sale-to-List Ratio

98.5%

Buyer's market

Sold Above Asking
16.0%
Under Contract in 2 Wks
12.2%
Listings with Price Drops
23.1%

Market Activity

Source: Redfin

Homes Sold

50

New Listings

81

Pending Sales

82

Homes Sold 23.1%New Listings 6.9%Pending 21.2%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$254

Median List $/SF

$261

Sale $/SF 4.5%List $/SF 3.2%Mar 24Jan 26

Richland vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 50,000 - 100,000 residents. Richland is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$401,800

Median Rent

$1,397

Total Housing Units

26,188

Vacancy Rate

6.0%

Owner Occupied

65.1%

Renter Occupied

34.9%

Median Property Tax

$3,288

per year

Monthly Cost (w/ Mortgage)

$1,429

Housing Types

Single Family
67.9%
Multi-Family
29.7%
Mobile Home
2.4%

The current median sale price in Richland, WA is $435,950 according to Redfin data. Homes spend a median of 64 days on the market. 16.0% of homes sold above asking price. The market has 5.4 months of supply. The median price per square foot is $254. Zillow's observed rent index is $1,675/month. About 65.1% of housing units are owner-occupied. The median year homes were built is 1985. There are 26,188 total housing units.