Call or Text (240) SELL-123
Cooks Hill (Cook's Hill) Downtown Edison (Edison Historic District) Ford Prairie (Fords Prairie) Historic District (Centralia Downtown Historic Distric) Hunter's Walk (Hunters Walk) Logan Salzer Creek (Salzer Flats) Scammon Creek Seminary Hill Washington's Addition Waunch Prairie Widgeon Hill Winterwood Estates (Winter Wood Estates)

CENTRALIA, WA 98531

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

Neighborhoods in ZIP 98531

Cooks Hill (Cook's Hill) · Downtown · Edison (Edison Historic District) · Ford Prairie (Fords Prairie) · Historic District (Centralia Downtown Historic Distric) · Hunter's Walk (Hunters Walk) · Logan · Salzer Creek (Salzer Flats) · Scammon Creek · Seminary Hill · Washington's Addition · Waunch Prairie · Widgeon Hill · Winterwood Estates (Winter Wood Estates)

Market Analysis

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

The CENTRALIA, WA real estate market (98531) currently shows 114 active listings, with 27 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 81 days on market compared to 52 days last year.

The median listing price has fallen 0.8% year-over-year, from $472,200 to $468,223.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for CENTRALIA, WA 98531 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

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

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

Market Overview

Active Listings
114
⇧ 0.9% vs 113 last year
Pending
27
24% pending ratio
Median Price
$468,223
⇩ 0.8% vs $472,200 last year
Average Price
$570,347
⇧ 5.1% vs $542,841 last year
Days on Market
81
⇧ 55.8% vs 52 days last year

Price Per Square Foot

Median $/sqft
$272
⇧ 5% vs $259/sqft last year
Median Home Size
1,677 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 114 this year vs 113 last year
  • Days on market: 81 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $468,223 (-0.8% YoY)
  • Average: $570,347 (+5.1% 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
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 23.3 miles — 352 listings ($211,217,842 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
98531Centralia, WA 985310.0 mi81$43,755,876$434,750$540,196
98589Tenino, WA 985898.5 mi23$15,675,351$661,975$681,537
98579Rochester, WA 9857910.5 mi27$24,422,715$712,450$904,545
98576Rainier, WA 9857614.6 mi13$6,669,195$491,246$513,015
98512Olympia, WA 9851216.2 mi66$41,678,076$603,000$631,486
98596Winlock, WA 9859616.8 mi43$25,561,307$482,500$594,449
98539Doty, WA 9853918.4 mi1$1,999,900$1,999,900$1,999,900
98568Oakville, WA 9856820.4 mi5$2,589,550$430,000$517,910
98503Lacey, WA 9850320.7 mi66$33,701,052$511,249$510,622
98522Adna, WA 9852221.4 mi2$1,430,000$715,000$715,000
98538Curtis, WA 9853821.6 mi4$1,825,000$487,500$456,250
98591Toledo, WA 9859121.8 mi20$11,484,820$562,975$574,241
98585Silver Creek, WA 9858523.3 mi1$425,000$425,000$425,000

Frequently Asked Questions

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

As of September 2026, there are 114 active listings in CENTRALIA, WA (zip code 98531), compared to 113 the prior year.

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

The median listing price in CENTRALIA, WA 98531 is $468,223 as of September 2026, a 0.8% decrease from $472,200 the prior year.

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

Homes in CENTRALIA, WA 98531 spend an average of 81 days on the market before going under contract, compared to 52 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 September 2026, CENTRALIA, WA 98531 is currently a Buyer's Market. Inventory has increased compared to last year, with 1 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 81 days on market compared to 52 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 $9,364 compared to a typical 5% commission on the median listing price of $468,223. 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.