Is Centralia, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Centralia has remained a Seller's Market.
Housing Prices in Centralia, WA
How much do homes in Centralia, WA cost?
Median Sold Price
$370,000
$254/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Centralia was $370,000 in April 2024, up 8.8% from last year, and the median price per square foot was $254.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $242.5K | $319K | +31.5% |
2 Bedrooms | $297K | $325K | +9.4% |
3 Bedrooms | $365K | $390K | +6.8% |
4 Bedrooms | $439.9K | $399.4K | -9.2% |
5+ Bedrooms | $417K | $580K | +39.1% |
Summary: Centralia housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 31.5%, 2 bedroom homes increased by 9.4%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes increased by 39.1%.
Median Sold Price Compared To Nearby Cities
Chehalis | $395K | $449K | +13.7% |
Centralia | $340K | $370K | +8.8% |
Centralia-Chehalis | $359.9K | $367.5K | +2.1% |
Housing Supply in Centralia, WA
How many homes are available in Centralia, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
74 | 95 | +28.4% |
Summary: The Centralia real estate market had 95 homes for sale in April 2024, a 28.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 3 | +100.0% |
2 Bedrooms | 16 | 21 | +31.3% |
3 Bedrooms | 44 | 57 | +29.5% |
4 Bedrooms | 13 | 14 | +7.7% |
5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Centralia housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 31.3%, 3 bedroom homes increased by 29.5%, 4 bedroom homes increased by 7.7%, and 5+ bedroom homes decreased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
15 | 24 | +60.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 24 homes were sold or pending in Centralia in April 2024, up by 60.0% month-over-month. Of the 24 sold homes, 21% were sold under asking, 25% were sold at asking, and 54% were sold over asking.
Days on Market for Centralia, WA
How long does it take to sell a home in Centralia, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
27 Days | 45 Days | +64.9% |
Summary: Homes in Centralia had an average of 45 days on market in Apr 2024, up by 64.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During April 2024, 24 homes were sold in Centralia; 67% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.