Richland, WA 99354 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demographics
Economy
Richland, WA — 99354
Market Hotness
69
Hotness Rank
#3,455
Hotness Score
69
Supply Score
81
Demand Score
57
DOM vs US
-17.8%
Faster
Price vs US
119%
Above avg
Median Listing Price
$513K
Population
25,559
Households
83,101
Median Days on Market
35
Active Listings
64
New Listings
44
Housing Market
Pricing
Median Listing Price
$513K
-10.9% YoY
Average Listing Price
$494K
-9.4% YoY
Price per Sq Ft
$232
-4.4% YoY
Median Sq Ft
2,145
-11.0% YoY
Inventory
Active Listings
64
-8.0% YoY
New Listings
44
+29.4% YoY
Total Listings
84
-13.0% YoY
Buyer Competition
Pending Listings
21
-23.6% YoY
Pending Ratio
0.33
-6.8% YoY
Median Days on Market
35
-13.0% YoY
Price Reduced
27.4%
+12.1% YoY
Units & Occupancy
2024 Occupancy
83K
units
Occupied
78,046
93.9%
Vacant
5,055
6.1%
2024 Tenure
78K
occupied
Owner
52,779
67.6%
Renter
25,267
32.4%
Renter Share
32.4%
+2.8% YoY
Total Housing Units
83,101
+1.6% YoY
FY2026 Fair Market Rent — Benton County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,122
/month
1 BR
$1,268
/month
2 BR
$1,538
/month
3 BR
$2,071
/month
4 BR
$2,385
/month
FMR Trends — Benton County
Source: HUD Fair Market Rents
Demographics
Median Age
36.3
2024
Population
ZIP Population
25,559
-0.1% YoY
Benton County Population
218,190
+1.3% YoY
Households
Total Households
78,046
+1.8% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.70
-0.4% YoY
Age
2024 Age Mix
213K
residents
Under 18
55,579
26.1%
Adults 18–64
123,530
58.0%
65 & Over
33,796
15.9%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
55,579
+0.1% YoY
Population 65 & Over
33,796
+3.3% YoY
Median Age
36.30
+0.3% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
88.2%
Moved (within US)
11.0%
Other
0.8%
Veterans
7.5%
-3.8% YoY
Economy
Income
Median Household Income
$90K
+2.9% YoY
Per-Capita Income
$42K
+2.0% YoY
Mean Household Income
$114K
+1.8% YoY
Poverty
Below Poverty Level
11.0%
-0.9% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
73.5%
Public transit
1.1%
Worked from home
12.9%
Other
12.5%
Worked From Home
12.9%
+11.2% YoY
Mean Commute
22.20
0.0% YoY
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