If you’re looking to buy a home in the Tri-Cities, knowing where you have the most leverage is key to getting a good deal. While the overall market leans toward sellers, some price ranges offer better opportunities for buyers than others.
Below, we rank the price ranges from most buyer-friendly to most seller-dominated, based on buyer-seller scores, inventory levels, and days on market.
🏆 Best Price Range for Buyers: $850K – $1M
- Buyer Score: 4.8
- Seller Score: 5.2
- Average Days on Market: 82 days
- Average Final Sale Price: $911,877
This price range offers the best conditions for buyers, making it the most negotiable segment in the market.
- Why? Homes sit on the market for nearly three months, and sellers are more willing to negotiate.
- Tip: If you’re looking in this range, offer below list price and negotiate on closing costs or repairs.
2️⃣ $750K – $850K: Still Favorable for Buyers
- Buyer Score: 2.6
- Seller Score: 7.4
- Average Days on Market: 77 days
- Average Final Sale Price: $797,098
Homes in this range take longer to sell, and price reductions are common. Buyers have some leverage, though it’s still a seller’s market.
- Why? High-end buyers are more selective, which means fewer bidding wars and more room to negotiate.
- Tip: If a home has been on the market for over 30 days, you may be able to negotiate a lower price.
3️⃣ $650K – $750K: A Balanced Market Emerging
- Buyer Score: 2.6
- Seller Score: 7.4
- Average Days on Market: 68 days
- Average Final Sale Price: $699,438
Homes in this price range move slightly faster but still offer decent opportunities for buyers.
- Why? While sellers have the edge, price reductions happen when homes sit for over a month.
- Tip: Watch for homes lingering on the market—these sellers may be motivated to negotiate.
4️⃣ $550K – $650K: Competitive but Some Buyer Flexibility
- Buyer Score: 3.4
- Seller Score: 6.6
- Average Days on Market: 68 days
- Average Final Sale Price: $593,438
This segment is leaning toward sellers, but buyers have some room to negotiate, especially on homes that have been sitting for a while.
- Why? Demand is strong, but fewer buyers are in this price range compared to lower brackets.
- Tip: Look for listings that have been reduced in price—this signals a seller willing to deal.
5️⃣ $450K – $550K: Strong Seller’s Market
- Buyer Score: 2.5
- Seller Score: 7.5
- Average Days on Market: 43 days
- Average Final Sale Price: $493,882
Homes in this range sell faster, and buyers have less room to negotiate.
- Why? Many move-up buyers are targeting this range, creating more competition.
- Tip: Expect multiple offers, and be prepared to offer close to the asking price.
6️⃣ $350K – $450K: Highly Competitive
- Buyer Score: 1.9
- Seller Score: 8.1
- Average Days on Market: 39 days
- Average Final Sale Price: $401,893
This range is where the largest number of buyers are shopping, making it one of the most competitive segments.
- Why? Inventory is low, and demand is high, meaning buyers must act fast.
- Tip: Be pre-approved and ready to offer above asking price if needed.
7️⃣ $0 – $350K: The Toughest Market for Buyers
- Buyer Score: 0.7
- Seller Score: 9.3
- Average Days on Market: 34 days
- Average Final Sale Price: $299,839
Homes in this price range are in extremely high demand, and bidding wars are common.
- Why? There are fewer affordable homes, and first-time buyers and investors are competing aggressively.
- Tip: Be prepared to pay full price (or more) and move quickly when a home hits the market.
🔎 Final Rankings: Where Buyers Have the Most Power
1️⃣ $850K – $1M (Most buyer-friendly)
2️⃣ $750K – $850K
3️⃣ $650K – $750K
4️⃣ $550K – $650K
5️⃣ $450K – $550K
6️⃣ $350K – $450K
7️⃣ $0 – $350K (Most seller-friendly)
💡 Key Takeaways for Buyers
- Luxury markets ($850K+) provide the best opportunities for negotiation and price reductions.
- Homes under $450K are extremely competitive, with sellers holding all the power.
- If you’re buying under $550K, be prepared to act fast and compete.
- If you’re in the $650K+ range, patience and negotiation can pay off.
👉 Thinking about buying? Knowing the best price range for your budget can help you get the best deal. Reach out today to start your search in the Tri-Cities!