Centralia, WA Home Values & Market Trends

Real estate market trends reflect that there have been 327 transactions over the past year in Centralia. The median value for residential home transactions that occurred over the previous year is $377,291.28. The number of current listings in Centralia is 17, and the percentage of properties for sale in the city is 17.00%. Centralia, WA currently has 11 properties in foreclosure, 2 bank owned properties, 9 properties headed for auction, and 17 properties for sale.

Centralia, WA Real Estate Market Overview

ZipMedian Est. Value
98531

$ 411,432

$ 240/sqft

Housing Market Summary for Centralia, WA

Apr 2023March 2024Change
Median Listing Price$370K$386.1K4.35%
Median Sold Price$355K$386.1K8.76%
Homes For Sale2418-25.00%
Homes Sold238165-30.67%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Centralia, WA

Centralia home values range from $23,181 to $22,900,220. The median estimated value of a home in Centralia is $377,291.28. The median list price of a home is 385,000, and the total count of properties in the city is 8,274.

Foreclosure
There is 1 zips within Centralia, WA; within this zips, the median estimated home value for homes in foreclosure ranges from $426,438 in 98531 to the lowest value of $211,813 in 98531. Foreclosure homes account for 0.00% of properties in Centralia, WA with 98531 containing 11 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Centralia, WA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Centralia, WA; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Centralia, WA ranges from the highest value of $293,148 in 98531 to the lowest value of $238,140 in 98531. Bank owned homes and properties account for 0.02% of properties in Centralia, WA. There is 1 zips within Centralia, WA; 98531 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    98531 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Centralia, WA. Auction homes and other auction properties account for 0.11% of all properties in Centralia, WA. There is 1 zips within Centralia, WA; of that zips, the median estimated home value for homes going to auction ranges from $426,438 in 98531 to the lowest value of $211,813 in 98531.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Centralia, WA with 98531 containing 17 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Centralia, WA; homes for sale in that zips, have a range of median values from $875,000 in 98531 to the lowest value of $360,673 in 98531.
    Sold Homes
    The median value for recently sold homes ranges from $1,135,819 in 98531 to the lowest price of $43,656 in 98531. There is 1 zips within Centralia, WA. 98531 has 145 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.75% of properties in Centralia, WA.

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      Guide for Centralia, WA

      Market Reports
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports
      2023 Seattle Real Estate Market Review
      Home Buying Guides & Tips
      Washington Foreclosure Laws
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      See More Articles
      Spokane Real Estate Market Shows Stability and Growth in March 2024
      Market Reports|posted 4 April 2024

      The Spokane real estate market is dynamic with average home value at $425,000 and per square foot value of $211 as of March 2024.

      2023 Seattle Real Estate Market Review
      Market Reports|posted 12 February 2024

      This blog post examines the ebb and flow of the Seattle real estate market in the past year, providing detailed insights into property values, average sold prices, and market trends in both Seattle and nearby cities. The data provides valuable insights for investors, homeowners, and real estate professionals.

      Washington Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      Washington Foreclosure Laws

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Recently Listed Homes Centralia, WA

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