Metropolitan market · Illinois · June 2026 data

Centralia Real Estate Market

As of June 2026, the median home listed in Centralia, IL asks $132,475 — down 29.9% year over year. Homes sell in a median of 62 days, with 75 active listings and 14% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$132,475
▼ 29.9% YoY
Median $ / sq ft
$86
1,409 sq ft median
Median days on market
62
June 2026
Active listings
75
For sale now
New listings
36
June 2026
Listings with price cuts
14%
Share of active
Median sale price (closed)
$90,750
▼ 32.7% YoY · closed sales
Sale-to-list ratio
90.2%
Closed sales
Homes sold / month
26
Closed sales

Centralia housing market statistics

The table summarizes Centralia's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

Centralia, IL housing market at a glance — June 2026
MetricLatestDetail
Median listing price$132,475-29.9% YoY
Median price per sq ft$861,409 sq ft median
Median days on market62+24% YoY
Active listings75-4% YoY
New listings this month36June 2026
Listings with a price cut14%Share of active
Median sale price (closed)$90,750-32.7% YoY
Sale-to-list ratio90.2%Closed sales

How have home prices changed in Centralia?

Centralia home prices are down 29.9% year over year and -5.0% month over month as of June 2026, at a $132,475 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$189K$175K$161K$147K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, Centralia IL · trailing 8 quarters · source: public records and industry data.

The 10-year view
$189K$165K$140K$116K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Centralia IL · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Centralia?

Centralia has 75 active listings, 36 new this month, 49 pending as of June 2026. About 14% of active listings have cut their price, and inventory sits at 48% of its 2019 level — a balanced market by pace.

Active listings
75
New this month
36
Pending
49
Price-reduced
10

Is Centralia a good real estate investment?

Centralia scores 72/100 on WealthyBud's composite Investor Score, ranking #75 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
72/100
#75 of 932 covered metros
12-month outlook
+2.8%
▲ Rising · model output, not advice
Momentum
35
Value
100
Rental yield
98
Supply risk
11
Market heat
38

Centralia scores 72/100 on our composite Investor Score (#75 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 48% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are down 29.9% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Centralia ranks on the trending markets index.

How much is a monthly mortgage payment in Centralia?

A home at Centralia's $132,475 median listing runs about $665 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$597/mo
−$68/mo vs today
At today's rate · 6.43%
$665/mo
National weekly average
If rates rise 1% · 7.43%
$736/mo
+$71/mo vs today

Principal & interest on the $132,475 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the Centralia housing market?

Longer-run demand in Centralia shows up in 24 homes permitted in 2025; net migration of +13 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
24
▲ 1100.0% vs 2024
0.6 per 1,000 residents
Net migration (2022–2023)
+13
▲ people, via tax-return records
net income flow −$2.84M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Earthquake

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Centralia housing market FAQ

What is the median home price in Centralia?
As of June 2026, the median listing price in Centralia, IL is $132,475, down 29.9% year over year (source: public records and industry data). Figures cover the Centralia, IL metro area.
How much does it cost to buy a home in Centralia?
The median home listed in Centralia asks $132,475 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $665 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Centralia?
The median property in Centralia spends 62 days on the market, with 75 homes actively listed and 14% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in Centralia?
With a median 62 days on market and 14% of active listings carrying a price cut, Centralia reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is Centralia a good place to invest in real estate?
Centralia scores 72/100 on WealthyBud's Investor Score, ranking #75 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Centralia?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Centralia and the wider Illinois market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the Centralia, IL metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Illinois housing markets

Diego Alvarez-Cruz Rental Market Analyst

Diego Alvarez-Cruz is a rental market analyst who covers rent growth, vacancy rates and landlord economics across major U.S. metros. He builds his analysis from public rental-listing indexes and Census housing surveys, focusing on year-over-year rent trends.