Is Centralia-Chehalis, WA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Centralia-Chehalis is a seller's market


Difference Since October 2022

Since last year, Centralia-Chehalis has remained a Seller's Market.

Key Takeaway

Centralia-Chehalis is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices

How much do homes in Centralia-Chehalis, WA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since October 2022


Key Takeaway

Homes in Centralia-Chehalis have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Centralia-Chehalis was $360,000 in October 2023, up 1.6% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSOct 2022Oct 2023CHANGE
1 $232K$444K
2 $295K$310K
3 $378K$365K
4 $416K$432.5K
5+ $425K$484.9K

Summary: Centralia-Chehalis housing prices by bedroom type for October 2023 compared to the previous year: The home price of 1 bedroom homes increased by 91.4%, 2 bedroom homes increased by 5.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 14.1%.

Median Sold Price Compared To Nearby Cities

Newaukum Prairie
Logan Hill

Housing Supply

How many homes are available in Centralia-Chehalis, WA?

Number of Homes For Sale

Sep 2023Oct 2023CHANGE

Summary: The Centralia-Chehalis real estate market had 120 homes for sale in October 2023, a 7.1% increase compared to September 2023.

Homes For Sale By Bedroom Count

# BEDSSep 2023Oct 2023CHANGE
1 00
2 1715
3 7279
4 1719
5+ 67

Summary: The Centralia-Chehalis housing inventory by bedroom type for October 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.8%, 3 bedroom homes increased by 9.7%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Sep 2023Oct 2023CHANGE

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Centralia-Chehalis, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Centralia-Chehalis in October 2023, up by 4.5% month-over-month. Of the 23 sold homes, 39% were sold under asking, 26% were sold at asking, and 35% were sold over asking.

Days on Market

How long does it take to sell a home in Centralia-Chehalis, WA?

Average Sale Time

Oct 2022Oct 2023CHANGE
33 Days30 Days-6.3%

Summary: Homes in Centralia-Chehalis had an average of 30 days on market in Oct 2023, down by 6.3% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

6 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Centralia-Chehalis are selling fast, if you're buying plan to act quickly.

Summary: During October 2023, 23 homes were sold in Centralia-Chehalis; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 28 Days Ago

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Nearby Markets

What housing markets are near Centralia-Chehalis, WA?