Yakima Median Home Price Closes in at $370,000, Up Slightly from Last Year

The Yakima real estate market has experienced a shift in the first quarter of 2026, with activity picking up after a sluggish start to the year. That according to Cory Bemis owner of Yakima's John L. Scott Real Estate.

PAYING A LITTLE MORE THIS YEAR THAN LAST

Bemis says as of April 1, the median home sales price in Yakima stands at $370,000, reflecting a small 0.3% increase from $368,850 at this time last year.
He says in March of this year, a total of 137 homes were sold, marking an 8.7% rise from the 126 homes sold in March 2025. Year-to-date, there have been 337 homes sold this year, a slight 0.6% decrease from the 339 homes sold in the same period last year.

READ MORE: A GOFUNDME CAMPAIGN STARTED FOR TOPPENISH BOY

ARE YOU WATCHING MORTGAGE RATES?

He says mortgage rates remain an important factor influencing market activity.
As of April 13, the average 30-year fixed mortgage rate is 6.39%, according to MortgageNewsDaily.com. That's 0.35% higher than last month’s rate of 6.04%, but 0.68% lower than the rate a year ago, which was 7.07%.

A ROLLER COASTER FIRST QUARTER IN YAKIMA

Bemis says the first quarter of 2026 has been a roller coaster of activity. After experiencing one of the slowest Januaries in recent history, March brought a significant rebound. He says the month saw a 22.0% increase in new listings, totaling 261, along with a 29.9% rise in pending sales, which reached 200. Bemis says the trends suggest a market warming heading into the busy spring season.

WARM WEATHER EQUALS MORE SALES

With increased pending sales and buyer activity, Bemis says most sales statistics are aligning with last year’s figures, and home prices are expected to see a slight uptick in the coming months.