Market Overview
Home Prices in Pe Ell, WA
The median home value in Pe Ell, WA is $317,429 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 5.1% compared to a year ago and up 0% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pe Ell are priced23% below average. Pe Ell is part of the Centralia, WA metro area.
Over the past five years, Pe Ell home values have risen by approximately14.5%, reflecting steady appreciation in this market.
Price History
Pe Ell Home Price Trend
2020
$210,612
$211K
—
2021
$277,302
$277K
+31.7%
2022
$340,284
$340K
+22.7%
2023
$316,380
$316K
-7.0%
2024
$334,413
$334K
+5.7%
2025
$334,461
$334K
+0.0%
2026
$317,429
$317K
-5.1%
City Comparison
Pe Ell vs. National Median
🏠 Pe Ell
$317,429
National Median
$410,000
At $317,429, homes in Pe Ell cost 23% below the national median of $410,000. This makes Pe Ell a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pe Ell?
20% Down Payment
$63,486
on $317,429
Monthly P&I
$1,656/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,103/mo
incl. taxes & insurance
Income Needed
$84,120
gross annual (30% rule)
10% Down Option
$31,743
+ PMI applies
Loan Amount (20% dn)
$253,943
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Pe Ell, WA?
The median home value in Pe Ell is $317,429 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 5.1% year-over-year.
How much have home prices changed in Pe Ell?
Over the past year, home values in Pe Ell have decreased by 5.1%. Over five years, prices have risen approximately 14.5%.
How much do I need to earn to buy a home in Pe Ell?
To comfortably afford the median home price of $317,429 with a 20% down payment ($63,486) at today's rates (6.8%), you'd need a gross annual income of approximately $84,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Pe Ell compare to the national average home price?
The national median home value is approximately $410,000. At $317,429, homes in Pe Ell are 23% below the national average.
What metro area is Pe Ell part of?
Pe Ell is part of the Centralia, WA metropolitan area. Home prices and market conditions can vary across the broader metro region.