Kennewick Home Prices & Values

No data Zillow Home Value Index

  • No data1-year change
  • No data 1-year forecast

The median list price per square foot in Kennewick is $122, which is higher than the Kennewick Metro average of $121. The median price of homes currently listed in Kennewick is $229,850 while the median price of homes that sold is $177,375.

Foreclosures will be a factor impacting home values in the next several years. In Kennewick 0.3 homes are foreclosed (per 10,000). This is lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Kennewick is 3.0%, which is lower than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Kennewick homeowners underwater on their mortgage is 11.1%.

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Relative ZHVI
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Kennewick Market Overview

Data through Jun 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $229,850 Median listing price
  • $177,375 Median sale price
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Kennewick Market Health

Data through Jun 30, 2014
  • No recent data
  • No data Average of days on Zillow
  • 11.1% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 3.0% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Burbank $214,500 Hermiston $160,200 Pasco $158,400
Pendleton $156,900 Stanfield $127,400 Umatilla $123,300
Mesa $120,300    

Listings & Sales

Data through Jun 30, 2014
  • $122 Median list price / sq ft
  • $111 Median sale price / sq ft
  • 28.3% Listings with price cut
12.2%
Sold below listing
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Kennewick Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,214 Kennewick
$1,226 Kennewick Metro
$1,310 United States
  • 3.0 Breakeven horizon What's This?  
    Close

    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • $0.85 Rent list price / sq ft
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