Richland, WA

Leaning buyer's+7.4% YoY

Housing market overview · Updated weekly

$510,000median sale price

Homes sold

68

Last 12 weeks

Days on market

119

Average pace

Active listings

292

4.3 months supply

Sale-to-list

99.5%

Below asking

The Richland housing market is currently classified as a leaning buyer's with a median sale price of $510,000. Prices have risen 7.4% compared to last year, with homes spending an average of 119 days on market, indicating 4.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Richland

There are currently 292 homes listed for sale in Richland, Washington. The median listing price is $490K.

Active listings

292

Homes on market

Median list price

$490K

Avg. days on market

119

Days until sale

New this week

105

Newly listed

Price drops:22.9%of listings
Sale-to-list:99.5%

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Frequently asked questions

What is the average home price in Richland?

The median home sale price in Richland is $510,000, up 7.4% from last year.

How long do homes stay on market in Richland?

Homes typically spend 119 days on market before going under contract.

Is Richland a buyer's or seller's market?

With 4.3 months of supply, Richland is currently a leaning buyer's.

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