Is Richland, WA 99352 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Richland is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score46/ 100

More competitive than 46% of U.S. ZIP codes, and #220 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

Months of supply4Under 4 months = seller’s market
Sold above original list16.9%Share of sales, last 3 months
Median sale-to-list99.5%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$263▲ +0.9% vs. last year

The Richland housing market right now

In the three months ending August 31, 2026, 17% of homes in Richland, WA 99352 sold above their list price, the typical home went under contract in 46 days and there were 4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 243 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 24%, homes sold faster (67 days then) and the median sale price rose 5% to $506,031. Overall, Richland is about as competitive as it was a year ago.

Within Benton County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell less often over asking than in 62%. On our competition score, Richland ranks #220 of 298 WA ZIP codes with enough sales (score 46 out of 100).

Nearby, buyers who want less competition could look at Kennewick 99338 (13% sold over asking), while Benton City 99320 (33% sold over asking) and Richland 99354 (19% sold over asking) are even more competitive.

Nearby markets

Benton City 99320Balanced $280 /sq ftKennewick 99336Seller’s market $240 /sq ftKennewick 99337Balanced $225 /sq ftKennewick 99338Seller’s market $275 /sq ft Browse all markets →

Where Richland is

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Questions about Richland real estate

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

A balanced market: there were 4 months of supply in Richland, WA 99352 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 Richland?

The typical home went under contract in 46 days in the latest three months.

Do homes in Richland sell over asking?

17% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.

What are property taxes in Richland?

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 Richland?

The median sale price was $506,031 in the three months ending August 31, 2026, about $263 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