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CENTRALIA, IL 62801

Real Estate Market Report
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The CENTRALIA, IL real estate market (62801) currently shows 56 active listings, with 15 pending sales. Homes are averaging 85 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 85 days on market compared to 75 days last year.

The median listing price has risen 3.1% year-over-year, from $147,450 to $151,950.

Whether you are buying or selling in CENTRALIA, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 19,976  ·  Density: 57.4/mi²  ·  Median household income: $52,840

Typical home value: $91,875  ·  Homeownership: 70.5%

Market Overview

Active Listings
56
⇧ 5.7% vs 53 last year
Pending
15
27% pending ratio
Median Price
$151,950
⇧ 3.1% vs $147,450 last year
Average Price
$169,324
⇩ 25.9% vs $228,384 last year
Days on Market
85
⇧ 13.3% vs 75 days last year

Price Per Square Foot

Median $/sqft
$82
⇩ 8.9% vs $90/sqft last year
Median Home Size
1,689 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 56 this year vs 53 last year
  • Days on market: 85 now vs 75 last year

Median & Average Pricing

Year over Year
  • Median: $151,950 (+3.1% YoY)
  • Average: $169,324 (-25.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.6 miles — 191 listings ($43,631,003 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62801Centralia, IL 628010.0 mi51$8,866,962$156,950$173,862
62250Hoffman, IL 622507.0 mi1$179,500$179,500$179,500
62877Richview, IL 628779.1 mi2$219,400$109,700$109,700
62870Odin, IL 628709.8 mi5$592,125$109,400$118,425
62898Woodlawn, IL 6289811.9 mi5$1,897,500$300,000$379,500
62231Carlyle, IL 6223113.6 mi15$2,827,815$167,450$188,521
62808Ashley, IL 6280814.6 mi2$359,900$179,950$179,950
62864Mount Vernon, IL 6286418.0 mi74$18,480,242$228,750$249,733
62263Nashville, IL 6226318.6 mi11$3,355,858$257,425$305,078
62831Du Bois, IL 6283119.9 mi1$118,000$118,000$118,000
62849Iuka, IL 6284920.6 mi7$1,450,680$250,000$207,240
62271Okawville, IL 6227121.2 mi4$1,596,000$399,000$399,000
62230Breese, IL 6223022.6 mi13$3,687,021$285,000$283,617

Frequently Asked Questions

How many homes are for sale in CENTRALIA, IL 62801?

As of March 2026, there are 56 active listings in CENTRALIA, IL (zip code 62801), compared to 53 the prior year.

What is the median home price in CENTRALIA, IL 62801?

The median listing price in CENTRALIA, IL 62801 is $151,950 as of March 2026, a 3.1% increase from $147,450 the prior year.

How long do homes stay on the market in CENTRALIA, IL?

Homes in CENTRALIA, IL 62801 spend an average of 85 days on the market before going under contract, compared to 75 days the prior year.

Is it a seller's or buyer's market in CENTRALIA, IL 62801?

Based on current inventory and days-on-market data as of March 2026, CENTRALIA, IL 62801 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 85 days on market compared to 75 days last year.

How much can I save on real estate commission in CENTRALIA, IL?

With SELL123.com's maximum 3% commission, sellers in CENTRALIA, IL 62801 save an estimated $3,039 compared to a typical 5% commission on the median listing price of $151,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.