$10,000 Closing Credit*
$865,000
5,244 SqFt
4 Beds
•3 Full Baths, 2 Partial
#6614323, Rich Olson, Listing Office: Next Level Real Estate
Is Centennial, ND a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Centennial was a Seller's Market.
Key Takeaway
Centennial is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Centennial, ND
How much do homes in Centennial, ND cost?
Median Sold Price
$400,000
$157/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$86,999(-17.9%)
Key Takeaway
Homes in Centennial have sold for 17.9% less than they did a year ago.
Summary: The median home sold price in Centennial was $400,000 in November 2024, down 17.9% from last year, and the median price per square foot was $157.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $345K | $339.9K | -1.5% |
| 3 Bedrooms | $370K | $325K | -12.2% |
| 4 Bedrooms | $452K | $414.4K | -8.3% |
| 5+ Bedrooms | $630K | $665K | +5.6% |
Summary: Centennial 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 decreased by 1.5%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Neighborhoods
| Southpointe | $330K | $344K | +4.2% |
| Centennial | $486.9K | $400K | -17.9% |
Housing Supply in Centennial, ND
How many homes are available in Centennial, ND?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 22 | -21.4% |
Summary: The Centennial real estate market had 22 homes for sale in November 2024, a 21.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 0 | -100.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 8 | 5 | -37.5% |
Summary: The Centennial 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 decreased by 100%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 37.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Centennial, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Centennial in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Centennial, ND
How long does it take to sell a home in Centennial, ND?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Centennial are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 2 homes were sold in Centennial; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
