Centralia, MO housing market
The typical Centralia home is worth about $281,000, up 5.6% in a year, close to the Missouri typical home. Homes typically sell in 32 days.
Home values, sales, trends and how Centralia compares with the towns next door — updated as new data is published.
Centralia at a glance
A strong seller's market
Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.
Typical home value, 2016–2026
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| January | Centralia | Missouri |
|---|---|---|
| 2017 | $139,000 | $148,000 |
| 2018 | $148,000 | $156,000 |
| 2019 | $155,000 | $165,000 |
| 2020 | $166,000 | $173,000 |
| 2021 | $186,000 | $193,000 |
| 2022 | $214,000 | $219,000 |
| 2023 | $234,000 | $237,000 |
| 2024 | $242,000 | $247,000 |
| 2025 | $260,000 | $258,000 |
| 2026 | $274,000 | $263,000 |
| August 2026 | $281,000 | $268,000 |
No new homes permitted in 2022
No permits for new homes were issued in Centralia in 2022 or in any year since 2021.
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| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
Centralia's permit office didn't report to the Census in 2022, so the 2022 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
4.2 years of income
The typical Centralia home costs about 4.2 years of the town's median household income, more than across Missouri (3.8 years).
How Centralia ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $910
HUD's Fair Market Rent for a two-bedroom in Centralia is $910 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Centralia pay a median of $685, so moving in tends to cost more than staying put. A two-bedroom takes about 16% of the town's median household income.
Studio $690 · 4 bedrooms $1,450
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (65240; Columbia, MO HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.