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Featured local agent — Centralia, IA

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Centralia, IA

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Centralia, IA(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Centralia, IA Housing Market & Real Estate

Leaning buyer's

Housing market overview · Updated monthly ·

$375,000median sale price

How is the Centralia, IA housing market right now?

The median home sale price in Centralia, IA is $375,000. Homes sell in an average of 99 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of December 2023 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Centralia a buyer's or seller's market?

Leaning buyer's99 avg. days on market

Centralia, IA is currently a leaning buyer's and homes selling in about 99 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

99

Average pace

Active listings

Sale-to-list

98.9%

Below asking

What does the Centralia housing market data show?

Current housing market statistics for Centralia, IA
MetricValue
Median sale price$375,000
Average days on market99 days
Sale-to-list price ratio98.9%
Median price per sq ft$104/sq ft
Homes sold (latest month)1
Market conditionLeaning buyer's

Source: Redfin · Updated monthly

How much do homes cost in Centralia by property type?

How the Centralia, IA market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Centralia, IA
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$375,000$104/sq ft199 days

Source: Redfin · Updated monthly

The Centralia housing market is currently classified as a leaning buyer's with a median sale price of $375,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 99 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Centralia

Explore homes currently listed for sale in Centralia, Iowa across major real estate platforms.

Sale-to-list:98.9%

Who lives in Centralia?

Population

125

Median income

$73,750/yr

Median age

37.4 years

Owner-occupied

76.6%

College grads

20.3%

Avg commute

27.6 min

Source: U.S. Census Bureau ACS

What is it like to live in Centralia?

Centralia is a community of approximately 0K residents with a median age of 37.4 years.The median household income is $73,750, which represents a working-class community with solid middle-income opportunities. 20.3% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 76.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Centralia offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Centralia, IA?

Want a head-to-head view? Compare Centralia side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Centralia?

The median home sale price in Centralia is $375,000, down 0.0% from last year.

How long do homes stay on market in Centralia?

Homes typically spend 99 days on market before going under contract.

What is the median income in Centralia?

The median household income is $73,750 per year.

How much does a single-family home cost in Centralia?

The median single-family home price in Centralia, IA is $375,000 (about $104 per square foot).

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