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Home values, rents and more in ZIP code 98531 (Centralia, WA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$387,000
Metro: $429,000 · U.S.: $366,000
Home values, past year
−0.1%
Metro: +1.4% · U.S.: +1.2%
Typical rent
$1,414/mo
Metro: $1,456 · U.S.: $1,932
Rents, past year
+7.0%
Metro: +4.1% · U.S.: +2.9%
Population
27,337
ACS 2020–24
Median household income
$63,406
Metro: $74,796 · U.S.: $80,734
ZIP codes around 98531, shaded by typical home value98531985329857098579985899857698597
  • Under $390k
  • $390k–$470k
  • $470k–$500k
  • $500k–$510k
  • $510k+
  • No data
ZIP codes around 98531, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 98531 is outlined.

How 98531 compares

The typical home in ZIP code 98531 (Centralia, WA) is worth about $387,000, according to the Zillow Home Value Index for September 2026. Home values in 98531 are 10% below the typical value in the Centralia metro area ($429,000) and 6% above the U.S. typical value ($366,000).

Over the past year, home values in 98531 fell 0.1%, compared with +1.4% in the Centralia metro area and +1.2% nationally.

Typical rent is $1,414 a month (Zillow Observed Rent Index), about the same as the Centralia metro area ($1,456) and 27% below the U.S. ($1,932). Rents rose 7.0% over the past year.

The median household income is $63,406, against $74,796 in the Centralia metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 27,337 people live in 98531 (American Community Survey 2020–24).

98531 has the 5th-lowest typical home value of the 12 ZIP codes in the Centralia metro area and the 131st-lowest of 484 in Washington with Zillow figures.

Part of: Centralia, WA · Lewis County, WA · Centralia metro area · Washington

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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