Market Intelligence Report — IL-460

Centralia, IL

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-IL-07
As of the latest 2026 data
Stabilizing

Median Listing

$159K
-3.3% YoY

Pending Ratio

0.50
+2.3% YoY

Active Inventory

86
-1.2% YoY

Median DOM

54 Days
+0.5% YoY

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The Centralia market is stabilizing, characterized by a pending ratio of 0.50, indicating balanced demand absorption relative to available inventory. This occurs amidst a notable 20.4% month-over-month increase in the median listing price.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Centralia market right now.

Inventory levels remain relatively flat, with active listings contracting by a modest 1.2% year-over-year and new listings holding steady. The pending ratio has observed a slight year-over-year increase of 2.3%, suggesting a modest firming in demand. Despite a recent surge in median listing price, the median price per square foot has decreased by 4.6% over the past year.

Historical Analysis

Market Trends

Median Price

$159K+20.4% MoM

Active Inventory

86-1.2% YoY

Days on Market

54+0.5% YoY

Sold Score™

67+2.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

67
Aug 23Jul 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Aug 23Jul 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Aug 23Mar 24Oct 24May 25Dec 25Jul 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a pending ratio at 0.50, the market demonstrates equilibrium in the pace of sales. This condition fosters moderate inventory pressure, requiring continued price discipline from sellers as supply and demand are relatively matched.

Luxury Segment

While the average listing price of $203,774 is elevated relative to the median of $159,450, neither average price nor median price per square foot indicate distinct weakness or strength in the upper tiers. No distinct luxury-segment signal in this dataset.

Supply Dynamics

86 active listings represent the current floor, with new supply arriving at roughly 40 per month.

Pricing Pressure
13.1%

of active listings carry a price reduction, -3.4% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -4.6% year-over-year.

Absorption
0.50

Pending-to-active ratio — Stabilizing.

Recommended For This Market

Stabilizing

Selling in Centralia, IL? Buyer Demand Index is running at 50%.

Centralia, IL is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
50%
Median Days on Market
54 days
Inventory YoY
−1%

Centralia, IL is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Centralia, IL
CBSA Code
16460
State
IL

ZIPs in Centralia, IL

Sorted by active inventory · click a ZIP for its full report