Centralia, WA housing market
Typical home value
$387K
▼ 0.2% 1 yr
Typical rent
$1,433/mo
▲ 5.4% 1 yr
Gross rent yield
4.4%
U.S. 6.3%
5-year home value change
+13%
U.S. +20%
Key takeaways
- 1The typical home in Centralia is worth $386,885, down 0.2% over the past year and up 13% over five years.
- 2Typical rent is $1,433 a month (+5.4% YoY), a gross rent yield of 4.4% (above the Centralia, WA metro's 4.1%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,126/mo, $693 more than typical rent.
- 4Zillow forecasts the Centralia, WA metro's home values to change +1.2% over the next 12 months.
Market temperature (Centralia, WA metro)
Strong buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 18/100, #542 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Centralia compares
| Measure | Centralia | Centralia, WA metro | United States |
|---|---|---|---|
| Typical home value | $386,885 | $428,511 | $366,157 |
| Home value, 1-yr change | −0.2% | +1.4% | +1.2% |
| Typical rent | $1,433 | $1,456 | $1,932 |
| Rent, 1-yr change | +5.4% | +3.6% | +2.7% |
| Gross rent yield | 4.4% | 4.1% | 6.3% |
| Price-to-rent ratio | 22.5 | 24.5 | 15.8 |
| Mortgage P&I, typical home | $2,126 | $2,355 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Centralia rental, pre-filled.
Rent vs buy in Centralia
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $387K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.