Market Intelligence Report — IL-460

Centralia, IL

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

Ref. No: 2026-IL-09
As of the latest 2026 data
Cooling

Median Listing

$155K
-3.0% YoY

Pending Ratio

0.40
-11.0% YoY

Active Inventory

92
-7.5% YoY

Median DOM

65 Days
+22.6% YoY

Primary Intelligence Tool — Sold Score™

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Centralia, IL, is exhibiting cooling market conditions, with a pending ratio of 0.40 indicating demand absorption is moderating. The market is experiencing a contraction in active listings by -7.5% year-over-year, alongside a -3.0% decline in the median listing price over the past year.

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.

The market is characterized by a decrease in both active and new listings, down -7.5% and -13.0% year-over-year, respectively. Despite this, demand signals are weakening, evidenced by the pending ratio contracting by -11.0% compared to the prior year. Median days on market have extended significantly, rising by 22.6% over the past year, while the median listing price has declined -3.0%.

Historical Analysis

Market Trends

Median Price

$155K-3.2% MoM

Active Inventory

92-7.5% YoY

Days on Market

65+22.6% YoY

Sold Score™

67-11.0% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

67
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 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

Slower absorption rates suggest that properties are remaining on the market longer, requiring sellers to exercise greater price discipline. The current dynamics imply less urgency for purchasers, potentially leading to more deliberate negotiations and longer transaction timelines. Inventory pressure remains modest given the year-over-year contraction in active listings.

Luxury Segment

Median $/sqft has declined by -5.3% over the past year, and the average listing price has fallen by -3.3% year-over-year, while the average-to-median price spread remains notable. This suggests some softness at higher price points within the market.

Supply Dynamics

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

Pricing Pressure
11.1%

of active listings carry a price reduction, +0.1% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -5.3% year-over-year.

Absorption
0.40

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Centralia, IL? Homes here are taking 12 days longer to sell than last year.

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

Buyer Demand Index
40%
Median Days on Market
65 days
Inventory YoY
−8%

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

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