The housing market in Centralia, IL is strong with a median value of $82,400. This is significantly less than the US House Median Value of $338,100, however Centralia has seen an impressive 1 year house appreciation of 18.28%, which is much higher than the 8.27% seen nationally. This makes Centralia a great investment option if you are looking to get more bang for your buck.
The median home cost in Centralia is $82,400. Home appreciation the last 10 years has been 43.5%. Home Appreciation in Centralia is up 11.3%.
Average Age of Homes
- The median age of Centralia real estate is 58 years old
The Rental Market in Centralia
- Renters make up 28.3% of the Centralia population
- 0.8% of houses and apartments in Centralia, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.