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, affordability plays a huge role for buyers.
The typical home value in the United States was $349,216 in February, 4.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of March 28, the 30-year fixed mortgage rate sits at 6.79%.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.
Stacker compiled a list of cities with the most expensive homes in the Kennewick metro area using data from Zillow. 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: $307,911
- 1-year price change: +5.4%
- 5-year price change: +57.1%
#8. Prosser, WA
- Typical home value: $369,303
- 1-year price change: +2.2%
- 5-year price change: +44.5%
#7. Benton City, WA
- Typical home value: $390,246
- 1-year price change: +2.2%
- 5-year price change: +57.4%
#6. Pasco, WA
- Typical home value: $405,795
- 1-year price change: +3.7%
- 5-year price change: +59.9%
#5. Kennewick, WA
- Typical home value: $410,176
- 1-year price change: +2.6%
- 5-year price change: +47.3%
#4. Richland, WA
- Typical home value: $450,626
- 1-year price change: +1.8%
- 5-year price change: +44.7%
#3. West Richland, WA
- Typical home value: $479,704
- 1-year price change: +1.3%
- 5-year price change: +45.0%
#2. Mesa, WA
- Typical home value: $560,928
- 1-year price change: +2.3%
- 5-year price change: +55.6%
#1. Eltopia, WA
- Typical home value: $678,564
- 1-year price change: +4.8%
- 5-year price change: +57.3%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 379 metros.
