Is Centralia-Chehalis, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer'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
$360,000
$244/sqft
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
| # BEDS# BEDROOMS | Oct 2022 | Oct 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $232K | $444K | +91.4% |
| 2 Bedrooms | $295K | $310K | +5.1% |
| 3 Bedrooms | $378K | $365K | -3.4% |
| 4 Bedrooms | $416K | $432.5K | +4.0% |
| 5+ Bedrooms | $425K | $484.9K | +14.1% |
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
| Chehalis | $335K | $440K | +31.3% |
| Newaukum Prairie | $465K | $493K | +6.0% |
| Centralia | $340K | $359.6K | +5.8% |
| Centralia-Chehalis | $354.2K | $360K | +1.6% |
| Logan Hill | $499.9K | $465.2K | -6.9% |
Housing Supply
How many homes are available in Centralia-Chehalis, WA?
Number of Homes For Sale
| Sep 2023 | Oct 2023 | CHANGE |
|---|---|---|
| 112 | 120 | +7.1% |
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
| # BEDS# BEDROOMS | Sep 2023 | Oct 2023 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 17 | 15 | -11.8% |
| 3 Bedrooms | 72 | 79 | +9.7% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 6 | 7 | +16.7% |
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 2023 | Oct 2023 | CHANGE |
|---|---|---|
| 22 | 23 | +4.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
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 2022 | Oct 2023 | CHANGE |
|---|---|---|
| 33 Days | 30 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
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.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2023 Northwest MLS. All rights reserved. 
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by another brokerage firm are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2023 Regional Multiple Listing Service, Inc. (RMLS™) Portland, Oregon.