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CENTRALIA, WA 98531

Real Estate Market Report  ·  Lewis County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
76
⇩ 8.4% vs 83 last year
Pending
19
25% pending ratio
Median Price
$430,000
⇩ 1.3% vs $435,738 last year
Average Price
$539,167
⇧ 4.1% vs $518,044 last year
Days on Market
78
⇧ 23.8% vs 63 days last year

Market Context

Population: 26,931  ·  Density: 80.5/mi²  ·  Median household income: $57,961

Typical home value: $267,206  ·  Homeownership: 62.6%

Market Analysis

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

The CENTRALIA, WA real estate market (98531) currently shows 76 active listings, with 19 pending sales. Homes are averaging 78 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 78 days on market compared to 63 days last year.

The median listing price has fallen 1.3% year-over-year, from $435,738 to $430,000.

Whether you are buying or selling in CENTRALIA, WA, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 76 this year vs 83 last year
  • Days on market: 78 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $430,000 (-1.3% YoY)
  • Average: $539,167 (+4.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 23.3 miles — 349 listings ($219,383,078 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98531Centralia, WA 985310.0 mi76$40,976,692$430,000$539,167
98589Tenino, WA 985898.5 mi22$15,274,248$649,000$694,284
98579Rochester, WA 9857910.5 mi27$20,192,841$580,000$747,883
98576Rainier, WA 9857614.6 mi11$5,755,651$482,473$523,241
98512Olympia, WA 9851216.2 mi80$56,972,240$630,975$712,153
98596Winlock, WA 9859616.8 mi36$21,337,488$484,450$592,708
98539Doty, WA 9853918.4 mi1$1,999,900$1,999,900$1,999,900
98568Oakville, WA 9856820.4 mi6$3,155,460$450,000$525,910
98503Lacey, WA 9850320.7 mi65$39,112,645$501,475$601,733
98522Adna, WA 9852221.4 mi1$650,000$650,000$650,000
98538Curtis, WA 9853821.6 mi1$425,000$425,000$425,000
98591Toledo, WA 9859121.8 mi21$12,680,913$594,000$603,853
98585Silver Creek, WA 9858523.3 mi2$850,000$425,000$425,000

Frequently Asked Questions

How many homes are for sale in CENTRALIA, WA 98531?

As of January 2026, there are 76 active listings in CENTRALIA, WA (zip code 98531), compared to 83 the prior year.

What is the median home price in CENTRALIA, WA 98531?

The median listing price in CENTRALIA, WA 98531 is $430,000 as of January 2026, a 1.3% decrease from $435,738 the prior year.

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

Homes in CENTRALIA, WA 98531 spend an average of 78 days on the market before going under contract, compared to 63 days the prior year.

Is it a seller's or buyer's market in CENTRALIA, WA 98531?

Based on current inventory and days-on-market data as of January 2026, CENTRALIA, WA 98531 is currently a Balanced Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 78 days on market compared to 63 days last year.

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

With SELL123.com's maximum 3% commission, sellers in CENTRALIA, WA 98531 save an estimated $8,600 compared to a typical 5% commission on the median listing price of $430,000. 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.