When buyers and sellers evaluate the housing market, it helps to zoom in and out—looking both at neighborhood-level trends and metro-wide dynamics. In this post, we compare the past 6 months of market activity in Hansen Park Kennewick (within a 1-mile radius) to the broader Tri-Cities area. This snapshot includes only existing construction, single-family homes and provides insight into price points, sales pace, and market leverage.
Comparison Overview (Past 180 Days)
| Metric | Hansen Park | Tri-Cities Metro |
|---|---|---|
| Total Listings | 36 (1 every 5.0 days) | 1,301 (7.23 per day) |
| Total Sold | 36 (1 every 5.0 days) | 1,533 (8.52 per day) |
| Avg. List Price | $514,911 | $520,039 |
| Median List Price | $461,450 | $460,000 |
| Avg. Sale Price | $506,711 | $512,243 |
| Median Sale Price | $450,000 | $450,000 |
| Avg. Days on Market | 30 | 34 |
| Median Days on Market | 30 | 41 |
| Buyer Score | 4.23 | 4.23 |
| Seller Score | 5.77 | 5.77 |
Key Takeaways
- Listing Activity: While the Tri-Cities saw a much higher volume of listings, Hansen Park remained steady with one listing and one sale every five days.
- Prices: Hansen Park slightly outpaced the region in both average and median list prices, although final sale prices were closely aligned.
- Days on Market: Homes in Hansen Park continued to move faster than the broader metro, with DOM averaging 30 days versus 34 for Tri-Cities.
- Market Leverage: Both areas reflect similar conditions, with balanced leverage starting to emerge. Buyers had a bit more influence than before, and sellers still saw competitive offers.
The Hansen Park neighborhood continues to track closely with the larger Tri-Cities market in pricing and leverage, but it maintains a slight speed advantage. As conditions begin to level out, both buyers and sellers have room to negotiate successfully. If you’re watching the Tri-Cities for your next move, Hansen Park represents a strong micro-market that echoes—and occasionally outperforms—regional patterns.