Tri-Cities Area Journal of Business
www.tricitiesbusinessnews.com/articles/tri-city-average-home-price-breaks-record-set-in-2022
Team Pasco.jpeg

The four-bedroom, two-bathroom Team Pasco House partially built by Pasco School District students over the 2023-24 school year is on the market.

Courtesy Century 21 Tri-Cities

Tri-City average home price breaks record set in 2022

March 28, 2025

Spring has sprung and it looks like the Tri-City housing market is doing the same. 

The average sale price of a home in February hit $487,300, breaking the previous record of $486,100 set in July 2022, according to data from the Tri-City Association of Realtors. 

The median sold price was $432,800, nearly $30,000 more than the median price seen in February 2024. Nearly 260 homes were sold in the past month, dozens more than sold in January 2025 and a year ago. 

The data is the latest sign that economic pressures such as interest rates and the uncertainty from tariffs are not stifling homebuyers in the region.  

The Tri-Cities luxury housing market—homes listed and sold for $1 million or more—had record breaking sales in 2024 and is poised to at least meet that watermark or exceed it in 2025, according to housing experts.