More homes on the market in the Basin
This home in Moses Lake was listed for $371,500, according to the real estate website Zillow. The median home price in Grant County was $414,425 in July.
JOEL MARTIN/COLUMBIA BASIN HERALD
MOSES LAKE — People hoping to buy a home in July had a better selection available to them than a year ago, according to data released by the Northwest Multiple Listing Service, which tracks real estate trends in 27 of Washington’s 39 counties.
Active listings across Washington increased by almost 20 percent in July 2026 over July 2025, according to the NWMLS data and new listings increased 10.5 percent. In Grant County, active listings were up 6 percent, but new listings were down 26.77%. Adams County showed lower numbers in both areas, with new listings down 44.4% and total active listings down 15.5%.
Between June 2026 and July 2026, active listings rose 17.24% in Grant County. Adams County had 10 active listings in July and nine in June.
The median home price in Grant County was $414,425 in July 2026, an increase of 1.3% year-over-year. In Adams County, the median price was $375,000, compared to $349,999 a year ago. The statewide median was $640,000, a decrease of 1.5% from July 2025.
Washington’s full home inventory would take 3.4 months to sell in July 2026, according to the NWMLS data. That represents a 23.7% increase from 2025 and an increase of 112.5% from the same time in 2023. A healthy market is considered to have 4-6 months of inventory, according to the NWMLS. Grant County had 5.8 months of inventory in July 2026, up from 4.3 in 2025. Adams County’s figure was 7.0 in 2026 compared to 8.3 in 2025.
The average 30-year fixed-mortgage interest rate was 6.66% Wednesday, up from 6.58% a week ago but a decrease from 6.72% a year ago, according to Freddie Mac.
“Interest rates, which averaged over 6.5% during the month (slightly higher than the previous month), continued to discourage buyers,” Steven Bourassa, director of the Washington Center for Real Estate Research, wrote in the NWMLS release. “The Federal Reserve Bank’s Federal Open Market Committee (FOMC) kept short-term interest rates unchanged when they met late in the month due to the ongoing pressures of high inflation stemming from the continuing war with Iran. Expectations are that the FOMC will increase short-term rates later this year and early next year, implying that longer-term rates are also likely to go up.”