Commercial Real Estate Market in Centralia, MO
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 214 off-market properties in Centralia, MO.
Market Trends
Centralia, MO spans 180.1 square miles in Boone County, Missouri. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Centralia, MO runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Centralia, MO runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Centralia, MO runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Centralia, MO runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 65.3%
- Industrial 20.2%
- Commercial 13.9%
Largest Zones share of zoned land by district
One Family Dwelling District
Industrial District
Highway Business District
Two Family Dwelling District
Multiple Family Dwelling District
Centralia, MO zones 1,825 acres across 8 districts. Commercial zoning covers 13.9% of zoned land, residential 65.3% and industrial 20.2%. The largest single district is One Family Dwelling District at 49.7%. For commercial buyers the practical constraint is that only 34.1% of land carries a commercial or industrial designation.
One Family Dwelling District (R-1)
To allow one family dwellings as the main use of the family
Market overview
Demographics & Economy
Centralia, MO has 8,292 residents in 3,903 households. Density runs 46 people per square mile. Median household income here is $67,687 and median gross rent $712 a month.
8,292
Population
3,903
Households
2.1
Avg Household Size
39
Median Age
35%
College-Educated
91%
High-School Grad
180.1 sq mi
ZIP Area
46
Density / Sq Mi
$67,687
Median Household Income
$40,680
Median Earnings
$712
Median Rent
$181,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Thompson | — | — |
| Sturgeon | — | — |
| Hallsville | — | — |
| Rowena | — | — |
Commercial property in Centralia, MO asks $1/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Centralia?
Commercial property in Centralia, MO asks an average of $1 per square foot.
What zoning applies to commercial property in Centralia?
Centralia, MO zones 1,825 acres across 8 districts, of which 13.9% is commercial and 20.2% industrial. The largest single district is One Family Dwelling District at 49.7% of zoned land. To allow one family dwellings as the main use of the family Residential zoning covers 65.3% and open space 0%.
Where does Realmo's Centralia market data come from?
Realmo compiles Centralia, MO figures from 5 active sale listings, 214 tracked off-market properties, the current Centralia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 0 active for-lease listings in Centralia, MO. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,825 zoned acres across 8 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
