The housing market in Centralia, IA is booming. The median value of homes in the area is $195,900, far lower than the US median of $338,100. In addition, the one-year appreciation rate in Centralia is 11.30%, significantly higher than the 8.27% national average. This makes Centralia a great place to buy a home for those looking for value and potential growth in their investment.
The median home cost in Centralia is $195,900. Home appreciation the last 10 years has been 55.3%. Home Appreciation in Centralia is up 13.6%.
Average Age of Homes
- The median age of Centralia real estate is 39 years old
The Rental Market in Centralia
- Renters make up 14.9% of the Centralia population
- 0.0% 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.