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Lower Valley Market Report August 2026

Page 1

August 2026

1


Tri-Cities Area August Market Snapshot Tri-Cities Area includes: Kennewick, Pasco, Richland, West Richland, Benton City, Basin City, Burbank, Connell, Eltopia, Kahlotus, Kiona, Mesa, Paterson, Plymouth, and Wallula Average Sales Price Year-to-Date

Current Listing Inventory

$501,496

1,146

Median Sales Price Year-to-Date

Monthly Closed Sales

$445,000

306

Average Days on Market

54 Closed Sales Year-to-Date

2,301

Lower Valley Area August Market Snapshot Lower-Valley Area includes: Prosser, Grandview, Mabton, Sunnyside, Granger, Zillah, Toppenish, and Wapato Average Sales Price Year-to-Date

Current Listing Inventory

Average Days on Market

$392,892

151

70

Median Sales Price Year-to-Date

Monthly Closed Sales

Closed Sales Year-to-Date

$370,925

44

272

Tri-Cities + Lower Valley Area August Market Snapshot

2

Average Sales Price Year-to-Date

Current Listing Inventory

Average Days on Market

$490,015

1,246

56

Median Sales Price Year-to-Date

Monthly Closed Sales

Closed Sales Year-to-Date

$439,000

350

Lower Valley Market Report | August 2026 | Information pulled 09/04/2026

2,573


*Information pulled for all stats include the following cities: Prosser, Grandview, Mabton, Sunnyside, Granger, Zillah, Toppenish, and Wapato

Annual Residential Sales Grey represents total sales; Blue represents total sales through August 450

422

400

300

254

301

240

150

278

239 212

196

200

335

316

297

250

150

347

346

350

272

226

207

196

162

100 50 0

2017

2018

2019

2020

2021

2022

2023

2024

2025

2026

Annual Average Sales Price

Year-to-date as of August

$450K $400K $350K

$393

2022

2023

$379

$402

$393

2025

2026

$323 $290

$300K $250K

$386

$234

$238

2018

2019

$207

$200K $150K 2017

2020

2021

2024

Average Number of Homes Sold Year-to-date as of August

Total Homes

Average Homes

Average Homes

Sold Per Year

Sold Per Month

Sold Per Day

2026

272

34

1.13

2025

278

34.75

1.16

2024

226

28.25

0.94

2023

196

24.5

0.82

2022

239

29.88

1.00

YEAR

Lower Valley Market Report | August 2026 | Information pulled 09/04/2026

3


Residential Sales

For the month of August 2026, month/year comparison 60

2022

2023

2024

2025

2026

50 40

30

30

44

40

35

36

28

30

27

20 10

0 January

February

March

April

May

June

July

August

September October November December

Residential Sales By Price Range August 2025 vs 2026 80 2025

70

71 70

2026

66 66

60 50

36 36

40

27

30 20 10

3

5

8

26

24

19

17

22

8

17

13

7

5

0

Average Days On Market For the month of August 2026, month/year comparison 100 90 80 70 60 50 40 30 20 10 0

75

2022

83

77

70

82

69

2023

2024

2025

2026

64

50

January

February

March

April

May

June

July

August September October November December Lower Valley Market Report | August 2026 | Information pulled 09/04/2026 4


Residential Listing Inflow For the month of August 2026, month/year comparison 65

70 60 50 40

63

53

32

60

55

2022

2023

2024

2025

2026

44

39

30 20 10 0 January

February

March

April

May

June

Active Listings By Price Range

August

September October November December

Under Contract Listings By Price Range

For the month of August 2026

5

July

For the month of August 2026

PRICE RANGE1

#

PRICE RANGE0

#

$0-$199,999

0

$0-$199,999

0

$200,000-$249,999

1

$200,000-$249,999

0

$250,000-$299,999

4

$250,000-$299,999

1

$300,000-$349,999

6

$300,000-$349,999

1

$350,000-$399,999

6

$350,000-$399,999

4

$400,000-$449,999

17

$400,000-$449,999

1

$450,000-$499,999

7

$450,000-$499,999

0

$500,000-$599,999

2

$500,000-$599,999

0

$600,000-$699,999

2

$600,000-$699,999

1

$700,000-$799,999

0

$700,000-$799,999

0

$800,000-$899,999

0

$800,000-$899,999

0

$900,000-$999,999

0

$900,000-$999,999

0

$1,000,000-$1,199,999

0

$1,000,000-$1,199,999

0

$1,200,000+

2

$1,200,000+

0

TOTAL

47

TOTAL

8

Tri-Cities Market Report | July 2024 | Information pulled on 08/19/2024


Absorption Rate Year-to-date as of August 2026.

PRICE RANGE

Number of Listings Active*

Number of Pendings*

Absorption Ratio

Months of Supply

$0-$199,999

0

1

0.00

0.00

$200,000-$249,999

1

0

0.00

0.00

$250,000-$299,999

9

5

1.80

2.00

$300,000-$349,999

19

14

1.36

2.00

$350,000-$399,999

37

22

1.68

2.00

$400,000-$449,999

34

5

6.80

7.00

$450,000-$499,999

18

4

4.50

5.00

$500,000-$599,999

27

4

6.75

7.00

$600,000-$699,999

11

1

11.00

11.00

$700,000-$799,999

7

0

0.00

0.00

$800,000-$899,999

3

0

0.00

0.00

$900,000-$999,999

0

0

0.00

0.00

$1,000,000-$1,199,999

1

0

0.00

0.00

$1,200,000+

5

0

0.00

0.00

TOTALS

172

56

3.07

4.00

Lower Valley Market Report | August 2026 | Information pulled 09/04/2026

6


Re-Sale vs New Construction Sales August 2026 450

New

400

Re-Sale

350 214

300

152

250 200 150

228

276

246

245

239

181

143

215

100 50 0

26

25

2017

2018

52

70

70

2019

2020

2021

108

120

2022

2023

183

208

2024

2025

129 2026

Annual Average Sales Price Year-to-date Re-Sale vs New Construction as of August $550K

Re-sale

New $428

$450K $344$349

$350K $258 $250K

$308

$298 $255

$378

$393$388

$384$377

$394 $395

$404 $380

2023

2024

2025

2026

New

Re-Sale

$303 $282

$237

$207

$150K 2017

2018

2019

2020

2021

2022

Sales Activity By Area Year-to-date Re-Sale vs New Construction as of August 80 70 60 50 40 30 20 10 0

76 55 40

0 Prosser

7

38 30

Grandview

3

Mabton

10 0 Sunnyside

Lower Valley Market Report | August 2026 | Information pulled 09/04/2026

3

Granger

3

8

Zillah

0

4

Toppenish

0

2

Wapato


Annual New Construction Sales Grey represents total sales for that year; Blue represents sales through August

250 208 200

183

150

130

129

120

129

108 100 73

63

50

0 2022

2023

2024

2025

2026

Comparison New Construction Sales Year-to-date August 2025 vs 2026 70

2025

2026

60 50 40

40 35

30 20

10

10 0

0 Prosser

Grandview

0

Mabton

3 Sunnyside

1

0

Granger

1

3

Zillah

0

0

Toppenish

0

0

Wapato

Lower Valley Market Report | August 2026 | Information pulled 09/04/2026

8


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