Is Kennewick, WA 99338 a buyer’s or seller’s market?
Kennewick is a seller’s market. With about 3.8 months of supply and 13% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 43% of U.S. ZIP codes, and #235 of 298 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Kennewick housing market right now
In the three months ending August 31, 2026, 13% of homes in Kennewick, WA 99338 sold above their list price, the typical home went under contract in 40 days and there were 3.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 116 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 23%, homes sold faster (64 days then) and the median sale price fell 8% to $495,032. Overall, Kennewick is about as competitive as it was a year ago.
Within Benton County, homes here sell more slowly than in 62% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county. On our competition score, Kennewick ranks #235 of 298 WA ZIP codes with enough sales (score 43 out of 100).
Nearby, Benton City 99320 (33% sold over asking) and Richland 99354 (19% sold over asking) are even more competitive.
Run the numbers for 99338
Nearby markets
Benton City 99320Balanced $280 /sq ftKennewick 99336Seller’s market $240 /sq ftKennewick 99337Balanced $225 /sq ftPaterson 99345 — /sq ft Browse all markets →Towns like Kennewick nearby
Find towns like Kennewick in other states →Where Kennewick is
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Questions about Kennewick real estate
Is Kennewick a buyer’s or seller’s market?
A seller’s market: there were 3.8 months of supply in Kennewick, WA 99338 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Kennewick?
The typical home went under contract in 40 days in the latest three months.
Do homes in Kennewick sell over asking?
13% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.
What are property taxes in Kennewick?
About 0.78% of a home’s value a year in Benton County, or roughly $3,120 on a $400,000 home.
What is the median home price in Kennewick?
The median sale price was $495,032 in the three months ending August 31, 2026, about $275 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology