Commercial Real Estate Market in Centralia, WA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
70 active listings and 1,492 off-market properties in Centralia, WA.
Market Trends
Centralia, WA spans 129.2 square miles in Lewis County, Washington. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Centralia, WA runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Centralia, WA runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Centralia, WA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Centralia, WA runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 55.3%
- Open space 17.5%
- Industrial 11.9%
- Commercial 8%
Largest Zones share of zoned land by district
Open Space And Public Facilities
Low Density Residential
Moderate Density Residential
Rural Residential
Very Low Density Residential
Centralia, WA zones 9,676 acres across 16 districts. Commercial zoning covers 8% of zoned land, residential 55.3%, open space 17.5% and industrial 11.9%. The largest single district is Open Space And Public Facilities at 17.5%. For commercial buyers the practical constraint is that only 19.9% of land carries a commercial or industrial designation.
Rural Residential (R5A)
ARIES § 20.09.010 Land use or zoning districts established. § 20.09.020 Zoning map. § 20.09.030 Interpretation of zoning district boundaries. § 20.09.040 Interpretation of uses. Chapter 20.10 RURAL RESIDENTIAL DISTRICT (R-5A) Chapter 20.11 LAND USES IN ZONING DISTRICTS § 20.11.010 Land uses in residential districts. § 20.11.020 Land uses in commercial distri…
Market overview
Demographics & Economy
Centralia, WA has 26,669 residents in 11,070 households. Density runs 206 people per square mile. Median household income here is $61,963 and median gross rent $1,068 a month.
26,669
Population
11,070
Households
2.4
Avg Household Size
38
Median Age
21%
College-Educated
88%
High-School Grad
129.2 sq mi
ZIP Area
206
Density / Sq Mi
$61,963
Median Household Income
$37,330
Median Earnings
$1,068
Median Rent
$285,700
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Centralia?
Commercial property in Centralia, WA asks an average of $17 per square foot. The 6 most recent recorded sales traded at a median of $103/SF.
What zoning applies to commercial property in Centralia?
Centralia, WA zones 9,676 acres across 16 districts, of which 8% is commercial and 11.9% industrial. The largest single district is Open Space And Public Facilities at 17.5% of zoned land. Residential zoning covers 55.3% and open space 17.5%.
Where does Realmo's Centralia market data come from?
Realmo compiles Centralia, WA figures from 7 recent recorded sales, 57 active sale listings, 13 active lease listings, 1,492 tracked off-market properties, the current Centralia zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 57 active for-sale and 13 active for-lease listings in Centralia, WA. 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: 9,676 zoned acres across 16 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 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West 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 30 September 2026 · report a data issue
