$1,900 Closing Credit*
$160,000
847 SqFt
2 Beds
•1 Full Bath
Mariah Carmichael, Listing Office: Show Me Real Estate Group LLC
Is Centralia, MO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Centralia has remained a Seller's Market.
Key Takeaway
Centralia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Centralia, MO
How much do homes in Centralia, MO cost?
Median Sold Price
$220,000
$160/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$26,000(+13.4%)
Key Takeaway
Homes in Centralia have sold for 13.4% more than they did a year ago.
Summary: The median home sold price in Centralia was $220,000 in November 2024, up 13.4% from last year, and the median price per square foot was $160.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $135K | N/A |
| 2 Bedrooms | $162.2K | $136.2K | -16.0% |
| 3 Bedrooms | $210K | $236K | +12.4% |
| 4 Bedrooms | $231K | $304.5K | +31.8% |
| 5+ Bedrooms | $434.2K | $386K | -11.1% |
Summary: Centralia housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 16%, 3 bedroom homes increased by 12.4%, 4 bedroom homes increased by 31.8%, and 5+ bedroom homes decreased by 11.1%.
Median Sold Price Compared To Nearby Cities
| Centralia | $191K | $220K | +15.2% |
| Centralia | $194K | $220K | +13.4% |
| Centralia Township | $194K | $220K | +13.4% |
Housing Supply in Centralia, MO
How many homes are available in Centralia, MO?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 43 | -4.4% |
Summary: The Centralia real estate market had 43 homes for sale in November 2024, a 4.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 14 | +27.3% |
| 3 Bedrooms | 26 | 22 | -15.4% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Centralia housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.3%, 3 bedroom homes decreased by 15.4%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 8 | 17 | +112.5% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Centralia, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in Centralia in November 2024, up by 112.5% month-over-month. Of the 15 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for Centralia, MO
How long does it take to sell a home in Centralia, MO?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 22 Days | -39.2% |
Summary: Homes in Centralia had an average of 22 days on market in Nov 2024, down by 39.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Centralia are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 17 homes were sold in Centralia; 76% of homes were sold within 30 days, 12% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.