Are Listings Considered a Local Ranking Factor?

Based on the 2021 Local Search Ranking Factors results, listings (citations) do have an impact on a local business's ability to rank in Search Engines.

As you will see, citations (aka business listings) are a ranking factor when it comes to local search. 

Listings are a table stake and a critical element of building a strong foundation for your local search presence. They help in conjunction with all the other local ranking factors and the work you do to improve your online presence.