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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Centerville is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Centerville has remained a Seller's Market.

Key Takeaway

Centerville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Centerville, OH

How much do homes in Centerville, OH cost?

Median Sold Price

$297,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$2,091(-0.7%)

Key Takeaway

Homes in Centerville have sold for 0.7% less than they did a year ago.

Summary: The median home sold price in Centerville was $297,000 in October 2024, down 0.7% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $140.9K$142.5K
+1.1%
2 $175.5K$180K
+2.6%
3 $291.5K$300K
+2.9%
4 $345K$381K
+10.4%
5+ $386K$444.9K
+15.3%

Summary: Centerville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 15.3%.

Median Sold Price Compared To Nearby Cities

Bellbrook
+27.9%
Sugarcreek Township
+8.8%
Kettering
+4.5%
Washington Township
+3.1%
Centerville
-0.7%

Housing Supply in Centerville, OH

How many homes are available in Centerville, OH?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
9192+1.1%

Summary: The Centerville real estate market had 92 homes for sale in October 2024, a 1.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 2118
-14.3%
3 3840
+5.3%
4 2629
+11.5%
5+ 65
-16.7%

Summary: The Centerville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes decreased by 16.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3026-13.3%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Centerville, you may be able to get a good deal. 46.2% of homes here sold below asking price last month.

Summary: A total of 26 homes were sold or pending in Centerville in October 2024, down by 13.3% month-over-month. Of the 26 sold homes, 46% were sold under asking, 19% were sold at asking, and 35% were sold over asking.

Days on Market for Centerville, OH

We’re sorry, we don't have information for this market at the moment

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

Report Updated 20 Days Ago

Newest Listings in Centerville, OH

Nearby Markets to Centerville, OH

What housing markets are near Centerville, OH?