KENNEWICK - RICHLAND Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Kennewick - Richland averaged
6.13%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
6.15% and
one month ago for the week of 2023-04-20, the
average rate was 5.85%.
Kennewick - Richland's average rate one year ago was 4.71%.
For refis of the same type during the week of 2023-05-25, the average rate
was 5.83%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
| Kennewick - Richland 30 Year Fixed Rate | 2023-05-25 | 6.13% |
| Kennewick - Richland 30 Year Fixed Rate Refi | 2023-05-25 | 5.83% |
| Kennewick - Richland 15 Year Fixed Rate | 2023-05-25 | 5.76% |
| Kennewick - Richland 15 Year Fixed Rate Refi | 2023-05-25 | 4.56% |
| Kennewick - Richland 30 Year FHA | 2023-05-25 | 6.34% |
| Kennewick - Richland 30 Year FHA Refi | 2023-05-25 | 6.81% |
| Kennewick - Richland 30 Year USDA | 2023-05-25 | 6.83% |
| Kennewick - Richland 30 Year USDA Refi | 2023-05-25 | 6.83% |
| Kennewick - Richland 30 Year VA | 2023-05-25 | 6% |
| Kennewick - Richland 30 Year VA Refi | 2023-05-25 | 6.31% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within KENNEWICK-RICHLAND, WA.
KENNEWICK - RICHLAND Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the KENNEWICK-RICHLAND, WA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
KENNEWICK - RICHLAND Average Closing Costs & Other Stats
KENNEWICK-RICHLAND, WA's 210 lenders originated 9,430
loans during 2022. The total origination value was $2,899,260,000, with an average loan value of
$307,451.
KENNEWICK - RICHLAND's average closing costs are $5,754.
The top KENNEWICK - RICHLAND lender as defined by loan originations is GESA, with
398 loans originated. Their average total fees are
$6,113, which is $557
lower than the next largest lender,
HOMEBRIDGE FINANCIAL SERVICES, INC..
The lowest fee KENNEWICK - RICHLAND lenders (with over 10 loans originated) are
CHERRY CREEK MORTGAGE, LLC ($2,219), NAVY FEDERAL CREDIT UNION ($3,259), BETTER MORTGAGE CORPORATION ($3,379), Wells Fargo Bank ($3,671) and Washington Trust Bank ($3,822).
The lowest rate KENNEWICK - RICHLAND lenders (with over 10 loans originated) are
GESA (3.82%), LOANDEPOT.COM, LLC (3.98%), BETTER MORTGAGE CORPORATION (4.07%), AMERISAVE MORTGAGE CORPORATION (4.22%) and Yakima Federal Savings and Loan Association (4.23%).
KENNEWICK-RICHLAND, WA Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| GESA | $263,920,000 | $239,480,000 | -9.3% | 8.3% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $354,390,000 | $213,255,000 | -39.8% | 7.4% |
| UNITED WHOLESALE MORTGAGE, LLC | $194,180,000 | $178,270,000 | -8.2% | 6.1% |
| Umpqua Bank | $252,300,000 | $156,380,000 | -38.0% | 5.4% |
| QUICKEN LOANS, LLC | $305,520,000 | $128,320,000 | -58.0% | 4.4% |
| ENVOY MORTGAGE, LTD | $130,650,000 | $96,500,000 | -26.1% | 3.3% |
| 1st Security Bank of Washington | $187,790,000 | $96,050,000 | -48.9% | 3.3% |
| HAPO COMMUNITY CREDIT UNION | $102,610,000 | $86,785,000 | -15.4% | 3.0% |
| NUMERICA CREDIT UNION | $80,515,000 | $86,650,000 | 7.6% | 3.0% |
| SUMMIT FUNDING, INC. | $166,610,000 | $82,440,000 | -50.5% | 2.8% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $143,195,000 | $72,335,000 | -49.5% | 2.5% |
| SPOKANE TEACHERS | $64,220,000 | $60,970,000 | -5.1% | 2.1% |
| VERITY | $155,000 | $50,005,000 | 32,161.3% | 1.7% |
| CHURCHILL MORTGAGE CORPORATION | $97,070,000 | $48,840,000 | -49.7% | 1.7% |
| Yakima Federal Savings and Loan Association | $59,735,000 | $48,840,000 | -18.2% | 1.7% |
| Bell Bank | $46,210,000 | n/a | 1.6% | |
| Banner Bank | $57,230,000 | $45,820,000 | -19.9% | 1.6% |
| Flagstar Bank, FSB | $136,585,000 | $42,585,000 | -68.8% | 1.5% |
| HOMESIDE FINANCIAL, LLC | $29,685,000 | $40,555,000 | 36.6% | 1.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $54,200,000 | $39,570,000 | -27.0% | 1.4% |
| CALIBER HOME LOANS, INC. | $116,095,000 | $37,355,000 | -67.8% | 1.3% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $73,490,000 | $37,345,000 | -49.2% | 1.3% |
| Wells Fargo Bank | $64,090,000 | $31,950,000 | -50.1% | 1.1% |
| PENNYMAC LOAN SERVICES, LLC | $64,135,000 | $31,080,000 | -51.5% | 1.1% |
| LOANDEPOT.COM, LLC | $73,930,000 | $29,630,000 | -59.9% | 1.0% |
| JPMorgan Chase Bank | $62,860,000 | $28,335,000 | -54.9% | 1.0% |
| Mortgage Research Center, LLC | $26,000,000 | $23,895,000 | -8.1% | 0.8% |
| Community First Bank | $25,740,000 | $23,160,000 | -10.0% | 0.8% |
| U.S. Bank | $38,095,000 | $22,630,000 | -40.6% | 0.8% |
| KeyBank | $60,715,000 | $22,380,000 | -63.1% | 0.8% |
| FREEDOM MORTGAGE CORPORATION | $91,075,000 | $21,820,000 | -76.0% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $42,020,000 | $21,535,000 | -48.8% | 0.7% |
| FINANCE OF AMERICA MORTGAGE LLC | $105,690,000 | $21,175,000 | -80.0% | 0.7% |
| ACADEMY MORTGAGE CORPORATION | $33,545,000 | $20,850,000 | -37.8% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $19,375,000 | $18,120,000 | -6.5% | 0.6% |
| GREYSTONE SERVICING COMPANY LLC | $10,505,000 | $17,585,000 | 67.4% | 0.6% |
| Washington Trust Bank | $13,520,000 | $17,510,000 | 29.5% | 0.6% |
| Pacific Premier Bank | $2,805,000 | $17,005,000 | 506.2% | 0.6% |
| CMG MORTGAGE, INC. | $35,290,000 | $16,840,000 | -52.3% | 0.6% |
| WASHINGTON STATE EMPLOYEES Credit Union | $5,665,000 | $16,725,000 | 195.2% | 0.6% |
| PNC Bank | $2,465,000 | $16,695,000 | 577.3% | 0.6% |
| Columbia State Bank | $6,315,000 | $15,480,000 | 145.1% | 0.5% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $27,320,000 | $14,955,000 | -45.3% | 0.5% |
| Bank of America | $26,775,000 | $14,445,000 | -46.1% | 0.5% |
| Washington Federal Bank | $1,160,000 | $14,400,000 | 1,141.4% | 0.5% |
| GUILD MORTGAGE COMPANY | $35,765,000 | $13,655,000 | -61.8% | 0.5% |
| CHERRY CREEK MORTGAGE, LLC | $42,505,000 | $12,500,000 | -70.6% | 0.4% |
| Hometown Lenders, Inc. | $2,755,000 | $12,230,000 | 343.9% | 0.4% |
| LAKEVIEW LOAN SERVICING, LLC | $21,825,000 | $11,650,000 | -46.6% | 0.4% |
| AMERISAVE MORTGAGE CORPORATION | $42,320,000 | $11,090,000 | -73.8% | 0.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $6,815,000 | $10,040,000 | 47.3% | 0.3% |
| BETTER MORTGAGE CORPORATION | $52,515,000 | $9,975,000 | -81.0% | 0.3% |
| Boeing Employees Credit Union | $15,930,000 | $9,380,000 | -41.1% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $24,620,000 | $9,260,000 | -62.4% | 0.3% |
| HOME POINT FINANCIAL CORPORATION | $26,050,000 | $9,055,000 | -65.2% | 0.3% |
| BROKER SOLUTIONS, INC. | $23,135,000 | $8,695,000 | -62.4% | 0.3% |
| LPMC, LLC | $27,920,000 | $8,520,000 | -69.5% | 0.3% |
| S1L, Inc. | $7,575,000 | $8,180,000 | 8.0% | 0.3% |
| MOVEMENT MORTGAGE, LLC | $11,105,000 | $7,970,000 | -28.2% | 0.3% |
| PREMIER LENDING, INC. | $14,280,000 | $7,615,000 | -46.7% | 0.3% |
| NEWREZ LLC | $31,570,000 | $6,950,000 | -78.0% | 0.2% |
| HomeStreet Bank | $20,800,000 | $6,855,000 | -67.0% | 0.2% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $14,535,000 | $6,775,000 | -53.4% | 0.2% |
| DIRECTORS MORTGAGE, INC. | $15,915,000 | $6,610,000 | -58.5% | 0.2% |
| USAA Federal Savings Bank | $12,305,000 | $6,550,000 | -46.8% | 0.2% |
| America's Credit Union | $1,070,000 | $6,285,000 | 487.4% | 0.2% |
| LAND HOME FINANCIAL SERVICES, INC. | $12,335,000 | $5,965,000 | -51.6% | 0.2% |
| Carrington Mortgage Services, LLC | $8,745,000 | $5,790,000 | -33.8% | 0.2% |
| SWBC MORTGAGE CORPORATION | $3,980,000 | $5,370,000 | 34.9% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $14,950,000 | $5,310,000 | -64.5% | 0.2% |
| NBKC BANK | $10,520,000 | $4,975,000 | -52.7% | 0.2% |
| The Federal Savings Bank | $11,650,000 | $4,955,000 | -57.5% | 0.2% |
| Sunflower Bank | $1,945,000 | $4,930,000 | 153.5% | 0.2% |
| AMERICAN FINANCING CORPORATION | $12,310,000 | $4,770,000 | -61.3% | 0.2% |
| NEW DAY FINANCIAL, LLC | $8,800,000 | $4,700,000 | -46.6% | 0.2% |
| iQ Credit Union | $55,000 | $4,340,000 | 7,790.9% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $5,790,000 | $4,270,000 | -26.3% | 0.1% |
| Citadel Servicing Corporation | $2,365,000 | $4,220,000 | 78.4% | 0.1% |
| Northwest Farm Credit Services, FLCA | $3,265,000 | $4,080,000 | 25.0% | 0.1% |
| Alaska USA Federal Credit Union | $1,570,000 | $3,915,000 | 149.4% | 0.1% |
| EVERETT FINANCIAL, INC. | $740,000 | $3,850,000 | 420.3% | 0.1% |
| Lakeview Community Capital, LLC | $2,985,000 | $3,655,000 | 22.4% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $3,910,000 | $3,505,000 | -10.4% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $6,625,000 | $3,500,000 | -47.2% | 0.1% |
| PHH Mortgage Corporation | $4,780,000 | $3,475,000 | -27.3% | 0.1% |
| Strong Home Mortgage, LLC | $8,540,000 | $3,465,000 | -59.4% | 0.1% |
| LIMA ONE CAPITAL, LLC | $3,345,000 | n/a | 0.1% | |
| Grandbridge Real Estate Capital LLC | $3,085,000 | n/a | 0.1% | |
| MOUNTAIN AMERICA | $2,830,000 | $3,065,000 | 8.3% | 0.1% |
| SIRVA MORTGAGE, INC. | $2,405,000 | $3,035,000 | 26.2% | 0.1% |
| Northpointe Bank | $1,010,000 | $2,995,000 | 196.5% | 0.1% |
| Figure Lending LLC | $1,410,000 | $2,875,000 | 103.9% | 0.1% |
| NexBank | $820,000 | $2,840,000 | 246.3% | 0.1% |
| UBS Bank USA | $880,000 | $2,760,000 | 213.6% | 0.1% |
| Morgan Stanley Private Bank | $765,000 | $2,675,000 | 249.7% | 0.1% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $3,325,000 | $2,675,000 | -19.5% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $525,000 | $2,650,000 | 404.8% | 0.1% |
| AMERICAN ADVISORS GROUP | $5,425,000 | $2,625,000 | -51.6% | 0.1% |
| Baker Boyer National Bank | $4,915,000 | $2,580,000 | -47.5% | 0.1% |
| NETWORK CAPITAL FUNDING CORPORATION | $3,010,000 | $2,495,000 | -17.1% | 0.1% |
| CANOPY MORTGAGE, LLC | $5,650,000 | $2,450,000 | -56.6% | 0.1% |
| Wyndham Capital Mortgage, Inc. | $5,525,000 | $2,410,000 | -56.4% | 0.1% |
| North American Savings Bank, F.S.B. | $10,240,000 | $2,370,000 | -76.9% | 0.1% |
| Solarity Credit Union | $5,185,000 | $2,335,000 | -55.0% | 0.1% |
| Bank of the West | $4,160,000 | $2,090,000 | -49.8% | 0.1% |
| Willamette Valley Bank | $2,960,000 | $2,045,000 | -30.9% | 0.1% |
| LADERA LENDING, INC. | $5,895,000 | $2,015,000 | -65.8% | 0.1% |
| M&T Bank | $1,005,000 | $2,005,000 | 99.5% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $1,605,000 | $1,975,000 | 23.1% | 0.1% |
| Nations Lending Corporation | $3,875,000 | $1,920,000 | -50.5% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $1,045,000 | $1,910,000 | 82.8% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $4,865,000 | $1,910,000 | -60.7% | 0.1% |
| Wheatland Bank | $6,080,000 | $1,885,000 | -69.0% | 0.1% |
| First National Bank of America | $2,535,000 | $1,845,000 | -27.2% | 0.1% |
| NFM, INC. | $1,100,000 | $1,815,000 | 65.0% | 0.1% |
| OnPoint Community Credit Union | $625,000 | $1,805,000 | 188.8% | 0.1% |
| SAMMAMISH MORTGAGE COMPANY | $2,455,000 | $1,800,000 | -26.7% | 0.1% |
| Bank of the Pacific | $1,625,000 | $1,790,000 | 10.2% | 0.1% |
| RESIDENTIAL BANCORP. | $610,000 | $1,745,000 | 186.1% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $3,530,000 | $1,680,000 | -52.4% | 0.1% |
| MUFG Union Bank | $1,265,000 | $1,665,000 | 31.6% | 0.1% |
| TRISTAR FINANCE, INC. | $1,140,000 | $1,590,000 | 39.5% | 0.1% |
| SPRING EQ, LLC | $1,670,000 | $1,565,000 | -6.3% | 0.1% |
| PREMIA MORTGAGE, LLC | $890,000 | $1,550,000 | 74.2% | 0.1% |
| OPEN MORTGAGE, LLC | $390,000 | $1,545,000 | 296.2% | 0.1% |
| Self-Help Federal Credit Union | $1,100,000 | $1,525,000 | 38.6% | 0.1% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $3,410,000 | $1,515,000 | -55.6% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $305,000 | $1,500,000 | 391.8% | 0.1% |
| SOFI LENDING CORP. | $2,630,000 | $1,500,000 | -43.0% | 0.1% |
| 21ST MORTGAGE CORPORATION | $870,000 | $1,455,000 | 67.2% | 0.1% |
| Third Federal Savings and Loan Association of Cleveland | $2,405,000 | $1,390,000 | -42.2% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $490,000 | $1,325,000 | 170.4% | 0.0% |
| Glacier Bank | $3,840,000 | $1,305,000 | -66.0% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $5,030,000 | $1,300,000 | -74.2% | 0.0% |
| Seattle Metropolitan Credit Union | $1,290,000 | n/a | 0.0% | |
| MICHIGAN MUTUAL, INC. | $1,565,000 | $1,275,000 | -18.5% | 0.0% |
| First Interstate Bank | $4,060,000 | $1,270,000 | -68.7% | 0.0% |
| Loan Simple, Inc. | $2,105,000 | $1,260,000 | -40.1% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $1,120,000 | $1,255,000 | 12.1% | 0.0% |
| Summit Mortgage Corporation | $2,480,000 | $1,255,000 | -49.4% | 0.0% |
| VILLAGE CAPITAL MORTGAGE | $3,840,000 | $1,255,000 | -67.3% | 0.0% |
| Toyota Financial Savings Bank | $515,000 | $1,230,000 | 138.8% | 0.0% |
| WESTCOAST MORTGAGE GROUP AND REALTY COMPANY | $1,230,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $1,185,000 | $1,195,000 | 0.8% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $1,145,000 | n/a | 0.0% | |
| GEORGIA'S OWN | $125,000 | $1,120,000 | 796.0% | 0.0% |
| FIRST TECHNOLOGY | $1,680,000 | $1,110,000 | -33.9% | 0.0% |
| Credence Funding Corporation | $355,000 | $1,100,000 | 209.9% | 0.0% |
| Arvest Bank | $470,000 | $1,095,000 | 133.0% | 0.0% |
| V.I.P. MORTGAGE, INC. | $185,000 | $1,075,000 | 481.1% | 0.0% |
| Discover Bank | $1,195,000 | $1,070,000 | -10.5% | 0.0% |
| REVERSE MORTGAGE FUNDING LLC | $1,175,000 | $1,070,000 | -8.9% | 0.0% |
| PENRITH HOME LOANS LLC | $1,305,000 | $1,055,000 | -19.2% | 0.0% |
| SALAL | $1,040,000 | n/a | 0.0% | |
| NEXERA HOLDING LLC | $860,000 | $1,030,000 | 19.8% | 0.0% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $945,000 | $1,015,000 | 7.4% | 0.0% |
| First Guaranty Mortgage Corporation | $8,950,000 | $1,015,000 | -88.7% | 0.0% |
| BMO Harris Bank | $1,010,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $1,435,000 | $1,010,000 | -29.6% | 0.0% |
| PLANET HOME LENDING, LLC | $4,335,000 | $1,010,000 | -76.7% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $660,000 | $1,000,000 | 51.5% | 0.0% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $945,000 | $980,000 | 3.7% | 0.0% |
| Bank of England | $2,165,000 | $960,000 | -55.7% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $675,000 | $945,000 | 40.0% | 0.0% |
| VERITAS FUNDING, LLC | $940,000 | n/a | 0.0% | |
| AXIA FINANCIAL, LLC | $400,000 | $935,000 | 133.8% | 0.0% |
| ONY GLO, INC. | $930,000 | n/a | 0.0% | |
| HOMESTEAD FUNDING CORP. | $275,000 | $880,000 | 220.0% | 0.0% |
| NP, Inc. | $4,160,000 | $875,000 | -79.0% | 0.0% |
| LOANPAL, LLC | $355,000 | $855,000 | 140.8% | 0.0% |
| MORTGAGE EXPRESS, LLC | $500,000 | $840,000 | 68.0% | 0.0% |
| GUARANTEED RATE, INC. | $4,910,000 | $825,000 | -83.2% | 0.0% |
| LONGBRIDGE FINANCIAL, LLC | $440,000 | $825,000 | 87.5% | 0.0% |
| Peoples Bank | $185,000 | $820,000 | 343.2% | 0.0% |
| Deseret First Credit Union | $345,000 | $815,000 | 136.2% | 0.0% |
| FirstBank | $6,330,000 | $810,000 | -87.2% | 0.0% |
| MANN FINANCIAL INC. | $2,925,000 | $805,000 | -72.5% | 0.0% |
| CITYWIDE HOME LOANS, LLC | $415,000 | $780,000 | 88.0% | 0.0% |
| IDAHO CENTRAL | $960,000 | $780,000 | -18.8% | 0.0% |
| BAY EQUITY LLC | $4,475,000 | $770,000 | -82.8% | 0.0% |
| Bethpage Federal Credit Union | $190,000 | $760,000 | 300.0% | 0.0% |
| Potlatch No. 1 Financial Credit Union | $325,000 | $760,000 | 133.8% | 0.0% |
| PRIORITY HOME LENDING, LLC | $955,000 | $760,000 | -20.4% | 0.0% |
| Mid-Continent Funding, Inc. | $670,000 | $750,000 | 11.9% | 0.0% |
| Charles Schwab Bank, SSB | $625,000 | $735,000 | 17.6% | 0.0% |
| Quontic Bank | $730,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $2,465,000 | $715,000 | -71.0% | 0.0% |
| THRIVE MORTGAGE, LLC | $1,355,000 | $680,000 | -49.8% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $670,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $355,000 | $660,000 | 85.9% | 0.0% |
| APCI Federal Credit Union | $655,000 | n/a | 0.0% | |
| Peoples Bank | $185,000 | $645,000 | 248.6% | 0.0% |
| Low VA Rates, LLC | $380,000 | $640,000 | 68.4% | 0.0% |
| EMM LOANS LLC | $685,000 | $600,000 | -12.4% | 0.0% |
| Pacific Lending LLC | $590,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $1,945,000 | $585,000 | -69.9% | 0.0% |
| Commerce Home Mortgage, Inc. | $580,000 | $580,000 | 0.0% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $2,395,000 | $580,000 | -75.8% | 0.0% |
| MLD MORTGAGE INC. | $575,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $290,000 | $565,000 | 94.8% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $565,000 | n/a | 0.0% | |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $375,000 | $550,000 | 46.7% | 0.0% |
| Gateway First Bank | $115,000 | $545,000 | 373.9% | 0.0% |
| Unitus Community Credit Union | $460,000 | $545,000 | 18.5% | 0.0% |
| AMERICAN FINANCIAL RESOURCES, INC. | $1,070,000 | $540,000 | -49.5% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $520,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $6,620,000 | $520,000 | -92.1% | 0.0% |
| First Western Trust Bank | $355,000 | $495,000 | 39.4% | 0.0% |
| MORTGAGE ACCESS CORP. | $485,000 | n/a | 0.0% | |
| Financial Partners Credit Union | $475,000 | n/a | 0.0% | |
| HSBC BANK USA, NATIONAL ASSOCIATION | $465,000 | n/a | 0.0% | |
| STANFORD Federal Credit Union | $195,000 | $445,000 | 128.2% | 0.0% |
| INTERCAP LENDING INC. | $435,000 | n/a | 0.0% | |
| First Internet Bank of Indiana | $395,000 | $425,000 | 7.6% | 0.0% |
| First Republic Bank | $185,000 | $425,000 | 129.7% | 0.0% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $425,000 | n/a | 0.0% | |
| Wauna Federal Credit Union | $425,000 | n/a | 0.0% | |
| MID AMERICA MORTGAGE, INC. | $950,000 | $410,000 | -56.8% | 0.0% |
| THRIVENT Federal Credit Union | $365,000 | $405,000 | 11.0% | 0.0% |
| ZILLOW HOME LOANS, LLC | $3,755,000 | $405,000 | -89.2% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $550,000 | $395,000 | -28.2% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $345,000 | $395,000 | 14.5% | 0.0% |
| Prosperity Home Mortgage, LLC | $385,000 | n/a | 0.0% | |
| Servion, Inc. | $195,000 | $385,000 | 97.4% | 0.0% |
| SOVEREIGN LENDING GROUP INCORPORATED | $2,925,000 | $385,000 | -86.8% | 0.0% |
| ALLIANT CREDIT UNION | $840,000 | $375,000 | -55.4% | 0.0% |
| Dacotah Bank | $375,000 | n/a | 0.0% | |
| East West Bank | $255,000 | $375,000 | 47.1% | 0.0% |
| Ixonia Bank | $375,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $375,000 | n/a | 0.0% | |
| TWINSTAR | $370,000 | n/a | 0.0% | |
| GSF Mortgage Corporation | $430,000 | $365,000 | -15.1% | 0.0% |
| HighTechLending Inc | $310,000 | $365,000 | 17.7% | 0.0% |
| KELLER MORTGAGE, LLC | $2,850,000 | $365,000 | -87.2% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $365,000 | n/a | 0.0% | |
| Citizens Bank | $550,000 | $355,000 | -35.5% | 0.0% |
| CIS Financial Services, Inc. | $345,000 | n/a | 0.0% | |
| Franklin Loan Corporation | $195,000 | $345,000 | 76.9% | 0.0% |
| Advisors Mortgage Group, L.L.C. | $320,000 | $340,000 | 6.3% | 0.0% |
| Pacific NW Federal Credit Union | $335,000 | n/a | 0.0% | |
| DRAPER AND KRAMER MORTGAGE CORP. | $325,000 | n/a | 0.0% | |
| Merchants Mortgage & Trust Corporation | $315,000 | n/a | 0.0% | |
| RANLIFE, INC. | $670,000 | $310,000 | -53.7% | 0.0% |
| ADVANTIS | $880,000 | $305,000 | -65.3% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $400,000 | $305,000 | -23.8% | 0.0% |
| LIBERTY HOME MORTGAGE CORPORATION | $1,130,000 | $305,000 | -73.0% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $855,000 | $305,000 | -64.3% | 0.0% |
| Century Mortgage Company DBA Century Lending Company | $295,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $440,000 | $295,000 | -33.0% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $285,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $285,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $65,000 | $280,000 | 330.8% | 0.0% |
| HORIZON | $170,000 | $270,000 | 58.8% | 0.0% |
| ARC HOME LLC | $245,000 | $265,000 | 8.2% | 0.0% |
| Greenbox Loans, Inc. | $3,030,000 | $265,000 | -91.3% | 0.0% |
| O BEE | $265,000 | n/a | 0.0% | |
| SOUND | $795,000 | $265,000 | -66.7% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $4,345,000 | $255,000 | -94.1% | 0.0% |
| AmeriHome Mortgage Company, LLC | $685,000 | $255,000 | -62.8% | 0.0% |
| Magnolia Bank | $245,000 | $255,000 | 4.1% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $205,000 | $255,000 | 24.4% | 0.0% |
| TAPCO Credit Union | $255,000 | n/a | 0.0% | |
| Ally Bank | $5,245,000 | $245,000 | -95.3% | 0.0% |
| BEST FINANCE CAPITAL, INC. | $680,000 | $245,000 | -64.0% | 0.0% |
| Hometown Equity Mortgage, LLC | $215,000 | $245,000 | 14.0% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $480,000 | $245,000 | -49.0% | 0.0% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $390,000 | $245,000 | -37.2% | 0.0% |
| RUOFF MORTGAGE COMPANY, INC. | $365,000 | $245,000 | -32.9% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $225,000 | n/a | 0.0% | |
| BNC National Bank | $1,655,000 | $225,000 | -86.4% | 0.0% |
| Cashmere Valley Bank | $225,000 | n/a | 0.0% | |
| FIBRE FEDERAL CREDIT UNION | $210,000 | n/a | 0.0% | |
| VISION ONE MORTGAGE, INC. | $285,000 | $205,000 | -28.1% | 0.0% |
| OAKTREE FUNDING CORP. | $275,000 | $195,000 | -29.1% | 0.0% |
| Qualstar Credit Union | $440,000 | $195,000 | -55.7% | 0.0% |
| RED CANOE CREDIT UNION | $195,000 | n/a | 0.0% | |
| ROYAL UNITED MORTGAGE LLC | $990,000 | $195,000 | -80.3% | 0.0% |
| ALL REVERSE MORTGAGE, INC. | $185,000 | n/a | 0.0% | |
| Avista Corporation Credit Union | $185,000 | n/a | 0.0% | |
| PENINSULA COMMUNITY | $185,000 | n/a | 0.0% | |
| JAMES B. NUTTER & COMPANY | $175,000 | n/a | 0.0% | |
| INFINITY EQUITY GROUP, INC. | $165,000 | n/a | 0.0% | |
| CHEVRON | $75,000 | $155,000 | 106.7% | 0.0% |
| EMBRACE HOME LOANS, INC. | $1,000,000 | $155,000 | -84.5% | 0.0% |
| Watermark Capital, Inc. | $2,160,000 | $155,000 | -92.8% | 0.0% |
| HARBORSTONE | $150,000 | n/a | 0.0% | |
| VANTAGE WEST | $135,000 | n/a | 0.0% | |
| Consolidated Federal Credit Union | $125,000 | n/a | 0.0% | |
| Oregon State Credit Union | $115,000 | n/a | 0.0% | |
| GREENWOOD | $105,000 | n/a | 0.0% | |
| WHATCOM EDUCATIONAL CREDIT UNION | $100,000 | n/a | 0.0% | |
| Citibank | $39,710,000 | $85,000 | -99.8% | 0.0% |
| FOUR POINTS | $75,000 | n/a | 0.0% | |
| UNIVERSITY CREDIT UNION | $75,000 | n/a | 0.0% | |
| CASCADE FEDERAL CREDIT UNION | $65,000 | n/a | 0.0% | |
| COLUMBIA COMMUNITY CREDIT UNION | $735,000 | $55,000 | -92.5% | 0.0% |
| Bank of Idaho | $25,000 | n/a | 0.0% | |
| Baxter Credit Union | $450,000 | $25,000 | -94.4% | 0.0% |
| Home Loan Investment Bank, F.S.B. | $25,000 | $25,000 | 0.0% | 0.0% |
KENNEWICK - RICHLAND's top lender by overall market share is GESA, with 8.3% market share. In second place, with 7.4%, is HOMEBRIDGE FINANCIAL SERVICES, INC., having originated $213,255,000 in loans. In third place, with 6.1%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $178,270,000 in loans. In fourth place, with 5.4%, is Umpqua Bank, having originated $156,380,000 in loans. In fifth place, with 4.4%, is QUICKEN LOANS, LLC, having originated $128,320,000 in loans.
KENNEWICK - RICHLAND Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - KENNEWICK - RICHLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $316,575 (6.6%) | $339,630 (2.4%) | 1.17 | 833 |
| 2018-02-01 | $322,450 (1.6%) | $344,325 (0.4%) | 1.17 | 825 |
| 2018-03-01 | $329,800 (1.5%) | $354,695 (1.4%) | 1.16 | 850 |
| 2018-04-01 | $324,975 (0.0%) | $353,587 (1.4%) | 1.10 | 933 |
| 2018-05-01 | $330,000 (0.3%) | $356,641 (0.6%) | 1.10 | 990 |
| 2018-06-01 | $334,000 (0.5%) | $356,504 (-1.9%) | 1.11 | 745 |
| 2018-07-01 | $330,750 (1.8%) | $354,951 (0.4%) | 1.10 | 1,075 |
| 2018-08-01 | $322,450 (1.1%) | $353,370 (0.9%) | 1.08 | 1,134 |
| 2018-09-01 | $318,230 (6.2%) | $352,338 (7.1%) | 1.07 | 1,159 |
| 2018-10-01 | $318,615 (6.2%) | $355,604 (8.4%) | 1.08 | 1,147 |
| 2018-11-01 | $316,525 (4.0%) | $354,420 (7.2%) | 1.07 | 1,066 |
| 2018-12-01 | $320,000 (3.2%) | $357,779 (6.9%) | 1.10 | 947 |
| 2019-01-01 | $320,000 (1.1%) | $353,449 (4.1%) | 1.11 | 884 |
| 2019-02-01 | $322,335 (0.0%) | $353,936 (2.8%) | 1.09 | 823 |
| 2019-03-01 | $349,200 (5.9%) | $383,167 (8.0%) | 1.16 | 529 |
| 2019-04-01 | $357,200 (9.9%) | $391,787 (10.8%) | 1.13 | 514 |
| 2019-05-01 | $349,979 (6.1%) | $390,175 (9.4%) | 1.09 | 539 |
| 2019-06-01 | $359,000 (7.5%) | $397,081 (11.4%) | 1.12 | 543 |
| 2019-07-01 | $364,225 (10.1%) | $402,174 (13.3%) | 1.14 | 583 |
| 2019-08-01 | $367,500 (14.0%) | $404,956 (14.6%) | 1.15 | 612 |
| 2019-09-01 | $366,572 (15.2%) | $409,111 (16.1%) | 1.16 | 622 |
| 2019-10-01 | $345,075 (8.3%) | $385,128 (8.3%) | 1.11 | 713 |
| 2019-11-01 | $350,000 (10.6%) | $396,806 (12.0%) | 1.15 | 682 |
| 2019-12-01 | $351,900 (10.0%) | $395,749 (10.6%) | 1.17 | 632 |
| 2020-01-01 | $359,900 (12.5%) | $401,652 (13.6%) | 1.20 | 577 |
| 2020-02-01 | $373,708 (15.9%) | $404,642 (14.3%) | 1.22 | 498 |
| 2020-03-01 | $384,972 (10.2%) | $416,590 (8.7%) | 1.21 | 499 |
| 2020-04-01 | $397,400 (11.3%) | $421,967 (7.7%) | 1.24 | 498 |
| 2020-05-01 | $409,950 (17.1%) | $432,531 (10.9%) | 1.25 | 475 |
| 2020-06-01 | $402,500 (12.1%) | $435,713 (9.7%) | 1.19 | 486 |
| 2020-07-01 | $414,288 (13.7%) | $446,390 (11.0%) | 1.20 | 502 |
| 2020-08-01 | $409,000 (11.3%) | $442,641 (9.3%) | 1.17 | 469 |
| 2020-09-01 | $399,900 (9.1%) | $451,526 (10.4%) | 1.15 | 465 |
| 2020-10-01 | $399,900 (15.9%) | $452,538 (17.5%) | 1.15 | 469 |
| 2020-11-01 | $402,725 (15.1%) | $458,393 (15.5%) | 1.18 | 416 |
| 2020-12-01 | $418,400 (18.9%) | $467,591 (18.2%) | 1.24 | 347 |
| 2021-01-01 | $418,825 (16.4%) | $472,255 (17.6%) | 1.25 | 313 |
| 2021-02-01 | $427,450 (14.4%) | $487,732 (20.5%) | 1.24 | 280 |
| 2021-03-01 | $440,925 (14.5%) | $488,179 (17.2%) | 1.25 | 234 |
| 2021-04-01 | $443,975 (11.7%) | $497,243 (17.8%) | 1.20 | 203 |
| 2021-05-01 | $460,000 (12.2%) | $504,389 (16.6%) | 1.22 | 200 |
| 2021-06-01 | $477,723 (18.7%) | $514,869 (18.2%) | 1.26 | 205 |
| 2021-07-01 | $472,500 (14.1%) | $516,576 (15.7%) | 1.25 | 243 |
| 2021-08-01 | $506,213 (23.8%) | $539,037 (21.8%) | 1.35 | 293 |
| 2021-09-01 | $499,450 (24.9%) | $532,612 (18.0%) | 1.33 | 356 |
| 2021-10-01 | $512,875 (28.3%) | $552,256 (22.0%) | 1.37 | 389 |
| 2021-11-01 | $526,375 (30.7%) | $566,167 (23.5%) | 1.41 | 416 |
| 2021-12-01 | $531,875 (27.1%) | $576,279 (23.2%) | 1.44 | 392 |
| 2022-01-01 | $551,400 (31.7%) | $581,924 (23.2%) | 1.49 | 338 |
| 2022-02-01 | $534,940 (25.2%) | $572,888 (17.5%) | 1.39 | 305 |
| 2022-03-01 | $544,450 (23.5%) | $577,866 (18.4%) | 1.36 | 309 |
| 2022-04-01 | $525,000 (18.3%) | $563,840 (13.4%) | 1.25 | 328 |
| 2022-05-01 | $530,150 (15.3%) | $564,771 (12.0%) | 1.21 | 355 |
| 2022-06-01 | $537,225 (12.5%) | $573,726 (11.4%) | 1.20 | 409 |
| 2022-07-01 | $525,000 (11.1%) | $565,577 (9.5%) | 1.19 | 541 |
| 2022-08-01 | $525,000 (3.7%) | $567,063 (5.2%) | 1.21 | 573 |
| 2022-09-01 | $539,700 (8.1%) | $580,367 (9.0%) | 1.26 | 548 |
| 2022-10-01 | $549,450 (7.1%) | $583,683 (5.7%) | 1.29 | 642 |
| 2022-11-01 | $544,975 (3.5%) | $581,704 (2.7%) | 1.31 | 675 |
| 2022-12-01 | $549,900 (3.4%) | $577,468 (0.2%) | 1.36 | 614 |
| 2023-01-01 | $551,950 (0.1%) | $575,748 (-1.1%) | 1.37 | 555 |
| 2023-02-01 | $559,450 (4.6%) | $580,726 (1.4%) | 1.35 | 526 |
| 2023-03-01 | $549,948 (1.0%) | $584,470 (1.1%) | 1.30 | 504 |
| 2023-04-01 | $544,950 (3.8%) | $590,356 (4.7%) | 1.27 | 526 |
KENNEWICK - RICHLAND's median listing price for 2023-04-01 was $544,950, a difference of
$19,950
(3.8%) versus the prior year and
$-4,998 versus the prior month.
KENNEWICK - RICHLAND's median listing price comes in at 127% of the national average.
KENNEWICK - RICHLAND's average listing price for 2023-04-01 was $590,356, a difference of $26,516 (4.7%) versus the prior year and $5,886 versus the prior month.
For the 2023-04-01 period, KENNEWICK - RICHLAND had 526 MLS listings, a difference of 22 listings (4%) versus the prior month and 198 listings (60%) versus the prior year.
KENNEWICK - RICHLAND's median listing price comes in at 127% of the national average.
KENNEWICK - RICHLAND's average listing price for 2023-04-01 was $590,356, a difference of $26,516 (4.7%) versus the prior year and $5,886 versus the prior month.
For the 2023-04-01 period, KENNEWICK - RICHLAND had 526 MLS listings, a difference of 22 listings (4%) versus the prior month and 198 listings (60%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - KENNEWICK - RICHLAND (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 66 days | 2,151 sqft |
| 2018-02-01 | 54 days | 2,171 sqft |
| 2018-03-01 | 38 days | 2,188 sqft |
| 2018-04-01 | 34 days | 2,159 sqft |
| 2018-05-01 | 37 days | 2,192 sqft |
| 2018-06-01 | 36 days | 2,200 sqft |
| 2018-07-01 | 37 days | 2,183 sqft |
| 2018-08-01 | 39 days | 2,137 sqft |
| 2018-09-01 | 43 days | 2,107 sqft |
| 2018-10-01 | 46 days | 2,121 sqft |
| 2018-11-01 | 51 days | 2,122 sqft |
| 2018-12-01 | 63 days | 2,118 sqft |
| 2019-01-01 | 66 days | 2,099 sqft |
| 2019-02-01 | 62 days | 2,062 sqft |
| 2019-03-01 | 64 days | 2,162 sqft |
| 2019-04-01 | 48 days | 2,175 sqft |
| 2019-05-01 | 40 days | 2,142 sqft |
| 2019-06-01 | 37 days | 2,181 sqft |
| 2019-07-01 | 31 days | 2,204 sqft |
| 2019-08-01 | 38 days | 2,249 sqft |
| 2019-09-01 | 46 days | 2,285 sqft |
| 2019-10-01 | 48 days | 2,182 sqft |
| 2019-11-01 | 47 days | 2,232 sqft |
| 2019-12-01 | 53 days | 2,164 sqft |
| 2020-01-01 | 60 days | 2,198 sqft |
| 2020-02-01 | 58 days | 2,200 sqft |
| 2020-03-01 | 37 days | 2,207 sqft |
| 2020-04-01 | 43 days | 2,239 sqft |
| 2020-05-01 | 54 days | 2,327 sqft |
| 2020-06-01 | 44 days | 2,305 sqft |
| 2020-07-01 | 41 days | 2,300 sqft |
| 2020-08-01 | 39 days | 2,270 sqft |
| 2020-09-01 | 37 days | 2,248 sqft |
| 2020-10-01 | 36 days | 2,202 sqft |
| 2020-11-01 | 47 days | 2,201 sqft |
| 2020-12-01 | 62 days | 2,193 sqft |
| 2021-01-01 | 56 days | 2,161 sqft |
| 2021-02-01 | 46 days | 2,144 sqft |
| 2021-03-01 | 33 days | 2,180 sqft |
| 2021-04-01 | 33 days | 2,174 sqft |
| 2021-05-01 | 30 days | 2,232 sqft |
| 2021-06-01 | 28 days | 2,236 sqft |
| 2021-07-01 | 22 days | 2,145 sqft |
| 2021-08-01 | 23 days | 2,213 sqft |
| 2021-09-01 | 23 days | 2,190 sqft |
| 2021-10-01 | 34 days | 2,174 sqft |
| 2021-11-01 | 38 days | 2,221 sqft |
| 2021-12-01 | 52 days | 2,220 sqft |
| 2022-01-01 | 64 days | 2,212 sqft |
| 2022-02-01 | 50 days | 2,178 sqft |
| 2022-03-01 | 38 days | 2,143 sqft |
| 2022-04-01 | 33 days | 2,184 sqft |
| 2022-05-01 | 29 days | 2,176 sqft |
| 2022-06-01 | 28 days | 2,222 sqft |
| 2022-07-01 | 31 days | 2,202 sqft |
| 2022-08-01 | 38 days | 2,223 sqft |
| 2022-09-01 | 50 days | 2,249 sqft |
| 2022-10-01 | 44 days | 2,200 sqft |
| 2022-11-01 | 51 days | 2,177 sqft |
| 2022-12-01 | 68 days | 2,143 sqft |
| 2023-01-01 | 81 days | 2,139 sqft |
| 2023-02-01 | 84 days | 2,162 sqft |
| 2023-03-01 | 61 days | 2,200 sqft |
| 2023-04-01 | 54 days | 2,167 sqft |
KENNEWICK - RICHLAND's median listing age (time on market) for 2023-04-01 was 54 days.
This
is 64%
longer
than the same period one year ago.
KENNEWICK - RICHLAND's median square footage for active listings during the 2023-04-01 period was 2,167 sqft. One year prior, the average listing was 2,184 sqft.
KENNEWICK - RICHLAND's median square footage for active listings during the 2023-04-01 period was 2,167 sqft. One year prior, the average listing was 2,184 sqft.
KENNEWICK-RICHLAND, WA Average Rent (2023)
Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.
| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 98930 | Kennewick-Richland, WA | $740 | $770 | $1,010 | $1,440 | $1,560 |
| 98944 | Kennewick-Richland, WA | $740 | $760 | $1,000 | $1,420 | $1,550 |
| 99301 | Kennewick-Richland, WA | $670 | $810 | $1,010 | $1,360 | $1,710 |
| 99302 | Kennewick-Richland, WA | $680 | $830 | $1,030 | $1,380 | $1,740 |
| 99320 | Kennewick-Richland, WA | $690 | $840 | $1,040 | $1,400 | $1,760 |
| 99326 | Kennewick-Richland, WA | $620 | $750 | $920 | $1,250 | $1,550 |
| 99330 | Kennewick-Richland, WA | $620 | $750 | $930 | $1,250 | $1,570 |
| 99335 | Kennewick-Richland, WA | $620 | $750 | $920 | $1,250 | $1,550 |
| 99336 | Kennewick-Richland, WA | $700 | $850 | $1,050 | $1,410 | $1,770 |
| 99337 | Kennewick-Richland, WA | $780 | $940 | $1,170 | $1,570 | $1,980 |
| 99338 | Kennewick-Richland, WA | $760 | $920 | $1,140 | $1,530 | $1,930 |
| 99343 | Kennewick-Richland, WA | $620 | $750 | $920 | $1,250 | $1,550 |
| 99344 | Kennewick-Richland, WA | $650 | $790 | $980 | $1,320 | $1,660 |
| 99345 | Kennewick-Richland, WA | $620 | $750 | $920 | $1,250 | $1,550 |
| 99346 | Kennewick-Richland, WA | $730 | $880 | $1,090 | $1,470 | $1,850 |
| 99350 | Kennewick-Richland, WA | $650 | $750 | $940 | $1,330 | $1,550 |
| 99352 | Kennewick-Richland, WA | $800 | $980 | $1,210 | $1,620 | $2,050 |
| 99353 | Kennewick-Richland, WA | $950 | $1,150 | $1,430 | $1,920 | $2,420 |
| 99354 | Kennewick-Richland, WA | $730 | $890 | $1,100 | $1,480 | $1,860 |
| 99359 | Kennewick-Richland, WA | $680 | $830 | $1,030 | $1,380 | $1,740 |
| 99371 | Kennewick-Richland, WA | $680 | $830 | $1,030 | $1,380 | $1,740 |
2022 Average & Median Rent Data Statistics
KENNEWICK-RICHLAND, WA average 1BR rent: $837, median: $830
KENNEWICK-RICHLAND, WA average 2BR rent: $1,041, median: $1,030
KENNEWICK-RICHLAND, WA average 3BR rent: $1,412, median: $1,380
KENNEWICK-RICHLAND, WA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 4,491 | $1,780,075,000 | $396,365 |
| Cash Out Refi | 2,071 | $557,435,000 | $269,162 |
| Home Improvement | 1,196 | $128,610,000 | $107,533 |
| Other | 877 | $153,195,000 | $174,681 |
| Refi | 794 | $279,740,000 | $352,317 |
| NA | 1 | $205,000 | $205,000 |
Kennewick - Richland's most frequently cited loan purpose was Home Purchase, with 4,491 originations. The 2nd most popular reason was Cash Out Refi, with 2,071 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 2,487 | $785,725,000 | $315,933 |
| 4-5% | 2,164 | $752,230,000 | $347,611 |
| 5-6% | 2,098 | $662,120,000 | $315,596 |
| 6-7% | 1,054 | $330,270,000 | $313,349 |
| 2.5-3% | 555 | $161,965,000 | $291,829 |
| <2.5% | 387 | $82,465,000 | $213,088 |
| 7-8% | 324 | $68,270,000 | $210,710 |
| Over 8% | 197 | $23,695,000 | $120,279 |
During 2022, Kennewick - Richland's most frequently originated rate bucket was 3-4%, with 2,487 originations.
Loan Sizing (KENNEWICK-RICHLAND, WA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 4,117 | $1,236,365,000 | $300,307 |
| $100k-200k | 1,636 | $235,840,000 | $144,156 |
| $400k-600k | 1,619 | $763,505,000 | $471,590 |
| $100,000 or less | 1,594 | $86,530,000 | $54,285 |
| $600k-1000k | 406 | $280,800,000 | $691,626 |
| $Over $1MM | 58 | $296,220,000 | $5,107,241 |
KENNEWICK - RICHLAND's loan sizing saw the bucket of loans from $200k-400k with 4,117 originations, totaling $1,236,365,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,043 | $1,218,835,000 | $400,537 |
| 60-80% | 2,342 | $904,230,000 | $386,093 |
| Under 20% | 1,381 | $80,795,000 | $58,505 |
| 20-40% | 1,209 | $190,735,000 | $157,763 |
| 40-60% | 1,173 | $371,615,000 | $316,807 |
| Over 100% | 93 | $94,375,000 | $1,014,785 |
KENNEWICK - RICHLAND's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,043 originations, totaling $1,218,835,000 in origination value.