Market Intelligence Report — IL-460

Centralia, IL

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

Ref. No: 2026-IL-05
As of the latest 2026 data
Cooling

Median Listing

$139K
-8.5% YoY

Pending Ratio

0.41
-11.7% YoY

Active Inventory

83
+12.2% YoY

Median DOM

62 Days
+19.2% YoY

Primary Intelligence Tool — Sold Score™

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Centralia, IL is currently a cooling market. The pending ratio stands at 0.41, indicating a diminished rate of demand absorption. Active listings have expanded by 12.2% year-over-year, contributing to the cooling trend.

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 exhibiting a notable deceleration, with the pending ratio declining by 11.7% year-over-year to 0.41. Concurrently, the median listing price has contracted by 8.5% year-over-year to $139,450. New listings have also decreased by 8.3% year-over-year, while days on market have extended by 19.2% year-over-year to 62 days, reflecting a slower pace of transactions. Active listings increased by 12.2% YoY.

Historical Analysis

Market Trends

Median Price

$139K-11.7% MoM

Active Inventory

83+12.2% YoY

Days on Market

62+19.2% YoY

Sold Score™

43-11.7% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

43
Jun 23May 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Jun 23May 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Jun 23Jan 24Aug 24Mar 25Oct 25May 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

Currently, the market dynamics suggest a recalibration of negotiating leverage. The expansion of active listings and increased days on market introduce less urgency for transacting. This environment necessitates price discipline among sellers to align with prevailing demand conditions.

Luxury Segment

The average listing price has declined by 20.5% year-over-year, significantly outpacing the 8.5% year-over-year decline in the median listing price. This divergence, coupled with a similar decline in median $/sqft, suggests a particular softness within the higher-priced segments of the market.

Supply Dynamics

83 active listings represent the current floor, with new supply arriving at roughly 44 per month.

Pricing Pressure
14.6%

of active listings carry a price reduction, -1.5% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -8.5% year-over-year.

Absorption
0.41

Pending-to-active ratio — Cooling.

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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