Cities with the most expensive homes in the Kennewick metro area
Cities with the most expensive homes in the Kennewick metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, plays a huge role for buyers.
The typical home value in the United States was $359,078 in December, 0.1% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of January 15, the sits at 6.06%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
compiled a list of cities with the most expensive homes in the Kennewick metro area using data from . Charts show the monthly typical home value since January 2018. All 9 cities and towns with data available were included in the list.
#9. Connell, WA
- Typical home value: $318,316
- 1-year price change: +1.6%
- 5-year price change: +37.4%
#8. Prosser, WA
- Typical home value: $407,254
- 1-year price change: +0.5%
- 5-year price change: +22.8%
#7. Pasco, WA
- Typical home value: $411,300
- 1-year price change: -0.6%
- 5-year price change: +32.5%
#6. Benton City, WA
- Typical home value: $418,462
- 1-year price change: -0.7%
- 5-year price change: +30.0%
#5. Kennewick, WA
- Typical home value: $422,057
- 1-year price change: -0.2%
- 5-year price change: +28.8%
#4. Richland, WA
- Typical home value: $457,327
- 1-year price change: +0.5%
- 5-year price change: +28.1%
#3. West Richland, WA
- Typical home value: $488,764
- 1-year price change: +0.0%
- 5-year price change: +26.5%
#2. Mesa, WA
- Typical home value: $561,730
- 1-year price change: +0.2%
- 5-year price change: +31.0%
#1. Eltopia, WA
- Typical home value: $720,125
- 1-year price change: +3.8%
- 5-year price change: +43.8%