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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



West Richland, WA Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q2 2024. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

West Richland, WA Housing Market Trends

With a population of 17,795, 5,250 total housing units (homes and apartments), and a median house value of $556,820, real estate costs in West Richland are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive Washington communities.

Single-family detached homes are the single most common housing type in West Richland, accounting for 81.63% of the city's housing units. Other types of housing that are prevalent in West Richland include mobile homes or trailers ( 12.60%), large apartment complexes or high rise apartments ( 3.88%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.53%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in West Richland. Owner-occupied housing accounts for 85.14% of West Richland's homes, and 78.48% have either three or four bedrooms, which is average sized relative to America.

West Richland homes and real estate are some of the newest in America. 48.85% of West Richland's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the West Richland real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 42.05%), and between 1940-1969 ( 7.79%). There's also some housing in West Richland built before 1939 ( 1.32%).

West Richland Home Appreciation Rates

Appreciation rates for homes in West Richland have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 114.90%, which ranks in the top 30% nationwide. This equates to an annual average West Richland house appreciation rate of 7.95%.

Over the last year, West Richland appreciation rates have trailed the rest of the nation. In the last twelve months, West Richland's appreciation rate has been 2.96%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in West Richland were at 0.16%, which equates to an annual appreciation rate of 0.66%.

Notably, West Richland's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Washington, our data show that West Richland's latest annual appreciation rate is higher than 50% of the other cities and towns in Washington.

Average Home Values

Median Home Value

$556,820

West Richland, WA Home Prices
> $1,349,000
$1,011,001 - $1,349,000
$674,001 - $1,011,000
$539,001 - $674,000
$405,001 - $539,000
$270,001 - $405,000
$135,001 - $270,000
$68,001 - $135,000
$0 - $68,000
0.9%
0.9%
3.5%
3.5%
21.6%
21.6%
20.5%
20.5%
24.6%
24.6%
11.9%
11.9%
9.2%
9.2%
3.6%
3.6%
4.1%
4.1%
0% 100.0%
% of Homes
Average

for Washington

Very High

for nation

Number of Homes And Apartments:

5,250

West Richland Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,579 / per month

Homeownership Rate

Owners
Renters
85.1%
85.1%
14.9%
14.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
5.4%
5.4%
94.6%
94.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
48.8%
48.8%
42.1%
42.1%
7.8%
7.8%
1.3%
1.3%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
81.6%
81.6%
0.4%
0.4%
1.5%
1.5%
3.9%
3.9%
12.6%
12.6%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.7%
0.7%
1.0%
1.0%
11.1%
11.1%
51.6%
51.6%
26.9%
26.9%
8.6%
8.6%
0% 100.0%
% of Homes

Popular Neighborhoods in West Richland

Popular Communities Near West Richland, WA

Zip Codes in West Richland, WA