Markets/Illinois/Centralia

Centralia, IL Real Estate Market 2026

Investor-grade market analytics for Centralia, Illinois. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through July 2026.

Median Home Price

$126,376

+6.6% year-over-year

12-Month Forecast

+6.5%

base case (Zillow ZHVF)

+6.5% year-over-year

Climate Risk

25/100

Low

Market Momentum

➡️
Neutral
3.4mo supply · Score -1/7

Net migration: Top 49% nationally

Income Migration

➡️ Neutral1.00x

In-migrants avg $41,915 AGI vs out-migrants $41,935

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Opportunity Zone Market

3 ZIP codes in Centralia are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

Centralia Market Summary

Centralia, IL is experiencing strong growth with 6.6% year-over-year appreciation, indicating a seller's market with robust demand. Affordability remains favorable with a price-to-income ratio of 2.08x, below the national average of 4.8x. Modest net positive migration (+4 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability.

Affordability

Affordability Score100/100
Price-to-Income Ratio2.1x (national avg 4.8x)
Median Household Income$60,839

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+3.2%
Base Case+6.5%
Bull Case+9.7%

Climate & Natural Hazard Risk

Centralia, IL's primary climate exposure is wind storms (70/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full Centralia dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.