Is Centerville, GA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Centerville is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Centerville was a Seller's Market.

Key Takeaway

Centerville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Centerville, GA

How much do homes in Centerville, GA cost?

Median Sold Price

$222,250

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,000(+2.8%)

Key Takeaway

Homes in Centerville have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Centerville was $222,250 in November 2024, up 2.8% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $196.5K$218K
+10.9%
4 $253K$269.9K
+6.7%
5+ $460.7K$300K
-34.9%

Summary: Centerville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.9%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 34.9%.

Median Sold Price Compared To Nearby Cities

Warner Robins
+5.9%
Centerville
+2.8%

Housing Supply in Centerville, GA

How many homes are available in Centerville, GA?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3141+32.3%

Summary: The Centerville real estate market had 41 homes for sale in November 2024, a 32.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 04
+100.0%
3 2122
+4.8%
4 812
+50.0%
5+ 23
+50.0%

Summary: The Centerville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
74-42.9%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

2 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Centerville, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 4 homes were sold or pending in Centerville in November 2024, down by 42.9% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.

Days on Market for Centerville, GA

How long does it take to sell a home in Centerville, GA?

Average Sale Time

Nov 2023Nov 2024CHANGE
21 Days30 Days+43.5%

Summary: Homes in Centerville had an average of 30 days on market in Nov 2024, up by 43.5% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Centerville are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 4 homes were sold in Centerville; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Centerville, GA

Nearby Markets to Centerville, GA

What housing markets are near Centerville, GA?