Start Free
All market snapshots / 98531

Centralia, WA 98531 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Centralia, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 6262PendingPending sales: 88
Centralia, WA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $394k$394kSoldMedian sold price (last 6 months): $370k$370k
What homes actually sell for in Centralia, WA
Distribution of 210 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $245k to $479k
$102k to $183k: 25 sales$102k$183k to $264k: 21 sales$264k to $345k: 33 sales$264k$345k to $426k: 44 sales44sales$426k to $507k: 40 sales$426k$507k to $588k: 12 sales$588k to $669k: 8 sales$588k$669k to $750k: 6 salesMedian $370k

What the numbers say

As of September 14, 2026, Resideline is tracking 62 active listings and 8 pending sales in ZIP code 98531. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $394,450, while the median of the 210 closed sales Resideline tracked over the last six months was $370,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 98531 for 70 days.

Frequently asked questions

What is the median home price in 98531?

The median closed sale price in Centralia, WA 98531 was $370,000 over the last six months, based on 210 closed sales tracked by Resideline. The middle half of those sales ranged from $245,000 to $478,990.

Is 98531 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 62 active listings in 98531, a pending-to-active ratio of 0.13. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 98531 currently looks like a balanced market.

Nearby ZIP code market data

Full Centralia, WA housing market report →
Run any 98531 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.