Metro area index
Home appreciation in the Kennewick-Richland, WA metro area
FHFA HPI® data shows the Kennewick-Richland, WA metro area's all-transactions index changed +1.9% over the year to Q2 2026, versus +1.1% for Washington and +3.0% for the U.S. That ranks 287th of 410 metro areas and divisions FHFA tracks.
- 1-year change
- +1.9%
- 5-year change
- +33.2%
- Since Q1 1995
- +280%
- Metro rank (1 year)
- 287th
U.S. +3.0%
U.S. +41.3%
U.S. +292%
of 410
Kennewick-Richland, WA vs Washington and the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- Kennewick-Richland, WA: 380.3
- Washington: 486.5
- United States: 391.6
Appreciation by time window
| Window | Metro | WA | U.S. | Gap vs WA | Gap vs U.S. |
|---|---|---|---|---|---|
| 1 year | +1.9% | +1.1% | +3.0% | +0.9 pts | −1.1 pts |
| 3 years | +7.5% | +8.2% | +12.9% | −0.8 pts | −5.4 pts |
| 5 years | +33.2% | +29.7% | +41.3% | +3.5 pts | −8.1 pts |
| 10 years | +112% | +105% | +93.3% | +6.8 pts | +18.4 pts |
| Since Q1 1995 | +280% | +387% | +292% | −106.3 pts | −11.3 pts |
3-digit ZIP regions in the Kennewick-Richland, WA area
Regions with at least 10% of their 2010 population inside the metro, largest overlap first. A 3-digit ZIP region can extend beyond the metro boundary.
| 3-digit ZIP region | State | 1 year | 5 years | Since Q1 1995 | Population in metro |
|---|---|---|---|---|---|
| 993 · Kennewick, WA area | WA | +2.0% | +33.4% | +293% | 72% |
Boom, bust, and recovery in Kennewick-Richland, WA area
Kennewick-Richland, WA area's index did not fall meaningfully after its Q4 2009 high. Today it sits +148% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| Metro | Q4 2009 | — | No meaningful drop | — | +148% |
| WA | Q4 2007 | Q2 2012 | -25.2% | Q2 2016 (8.5 yrs) | +106% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, Kennewick-Richland, WA area's index has changed +71.7% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | Metro after inflation | WA after inflation | U.S. after inflation |
|---|---|---|---|---|
| 1 year | +3.9% | -1.9% | -2.7% | -0.8% |
| 3 years | +9.8% | -2.1% | -1.4% | +2.8% |
| 5 years | +24.0% | +7.4% | +4.6% | +13.9% |
| 10 years | +39.1% | +52.2% | +47.3% | +39.0% |
| Since Q1 1995 | +121% | +71.7% | +120% | +76.8% |
If you bought in the Kennewick-Richland, WA area in…
An example $300,000 purchase grown at the metro index rate to Q2 2026.
| Bought in | Index change | $300,000 then, at the metro rate |
|---|---|---|
| Q2 1995 | +281% | $1,141,892 |
| Q2 2000 | +256% | $1,069,119 |
| Q2 2005 | +175% | $825,434 |
| Q2 2010 | +144% | $731,954 |
| Q2 2015 | +127% | $681,940 |
| Q2 2020 | +51.0% | $452,984 |
| Q2 2021 | +33.2% | $399,702 |
| Q2 2023 | +7.5% | $322,391 |
| Q2 2025 | +1.9% | $305,741 |
Frequently asked questions
- How much have home prices risen in the Kennewick-Richland, WA area?
- FHFA HPI® data for the Kennewick-Richland, WA metro area shows changes of +1.9% over one year, +33.2% over five years, and +112% over ten years to Q2 2026, and +280% since Q1 1995.
- Is the Kennewick-Richland, WA area beating the national average?
- Over the past year the metro's index moved −1.1 pts versus the U.S.; over five years the gap is −8.1 pts.
- What area does this metro index cover?
- FHFA computes metro indexes using the counties in each OMB-defined metropolitan statistical area. The index covers the whole area, so individual neighborhoods and homes can differ from it.