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All market snapshots / 98531

Centralia, WA 98531 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Centralia, WA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.09
ActiveActive listings: 5858PendingPending sales: 55
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): $447k$447kSoldMedian sold price (last 6 months): $370k$370k
What homes actually sell for in Centralia, WA
Distribution of 219 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $250k to $478k
$90k to $171k: 18 sales$90k$171k to $251k: 28 sales$251k to $332k: 28 sales$251k$332k to $412k: 47 sales47sales$412k to $493k: 45 sales$412k$493k to $574k: 21 sales$574k to $654k: 8 sales$574k$654k to $735k: 2 salesMedian $370k

What the numbers say

As of October 5, 2026, Resideline is tracking 58 active listings and 5 pending sales in ZIP code 98531. That pending-to-active ratio of 0.09 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $447,450, while the median of the 219 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 84 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 219 closed sales tracked by Resideline. The middle half of those sales ranged from $250,000 to $477,500.

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

Resideline is currently tracking 5 pending sales against 58 active listings in 98531, a pending-to-active ratio of 0.09. 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 →

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