Pasco Real Estate
Fastest-growing Tri-Cities area with rapid development, transportation hub, and strong agricultural economy. Excellent investment potential.
Market Analysis
Market Forecast
Very strong growth expected with continued development and infrastructure improvements driving demand.
What Drives Property Values
New Developments
Newly constructed homes and modern developments command premium prices in this growing market.
Proximity to Columbia River
Waterfront and river proximity properties see significant value increases.
Transportation Hub
Strategic location along major transportation routes enhances property values and economic growth.
Quality Schools
Pasco School District improvements and new schools attract families.
Infrastructure Improvements
Recent infrastructure investments support property value growth.
Sought-After Amenities & ROI Impact
interior Amenities
New Construction Homes
high demandSpacious Layouts
high demandexterior Amenities
Large Lots
high demandlocation Amenities
Community Amenities
medium demandProximity to Schools
high demandtechnology Amenities
Energy-Efficient Features
high demandLocation Factors
Economy
Major Employers
- •Pasco School District
- •Agriculture and processing
- •Transportation and logistics
- •Manufacturing
- •Distribution centers
Industries
Economic Stability: Rapidly growing economy driven by transportation hub status and agricultural processing. Strong job growth.
Commute & Transportation
Average Commute Time
15-20 minutes locally, easy Tri-Cities access
Transportation Options
- •Ben Franklin Transit
- •Pasco Airport (regional flights)
- •Highway access (I-182, US-395)
- •Rail access for logistics
Proximity: 3 hours to Seattle
Schools
District Rating
B ratingNotable Schools
- •Pasco High School
- •Chiawana High School
- •New schools under development
- •Improving school ratings
Higher Education
- •Columbia Basin College
- •Washington State University Tri-Cities
Demographics
Population
75,000+
Median Age
33 years
Lifestyle
Young, growing community with strong family focus and expanding amenities
Neighborhood Insights
West Pasco
Rapidly growing area with new subdivisions and family-friendly developments.
Characteristics
- •New developments
- •Family-friendly
- •Modern homes
- •Growing community
- •Good schools
Price Range
$450,000 - $800,000
Lifestyle: Ideal for families seeking new homes in growing area
Downtown Pasco
Historic area with improving infrastructure and community amenities.
Characteristics
- •Historic charm
- •Community amenities
- •Improving area
- •Good value
- •Central location
Price Range
$300,000 - $500,000
Lifestyle: Urban living with community feel
Investment Opportunities
Rental Market
Average Rent
$1,500 - $2,200/month
Rental Yield
3.5-4.5%
Demand
high demandAppreciation Potential
Potential
very high potentialHistorical Rate
62.7% YoY (exceptional growth)
Strong appreciation expected with continued development and infrastructure investment
Equity Statistics
High Equity Homes
60%
Homes with over 50% equity
Fully Paid Off
8,500 properties
Growing equity with rapid appreciation and new construction
Investment Strategy
Excellent investment opportunity with rapid appreciation. Focus on new construction and properties near infrastructure improvements. Strong rental demand from growing population.
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