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 September 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

$296,333

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$4,833(+1.7%)

Key Takeaway

Homes in Centerville have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Centerville was $296,333 in September 2024, up 1.7% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $140.9K$142.5K
+1.1%
2 $173.5K$180K
+3.7%
3 $285K$304K
+6.7%
4 $345K$380.5K
+10.3%
5+ $388K$426.1K
+9.8%

Summary: Centerville housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.1%, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes increased by 9.8%.

Median Sold Price Compared To Nearby Cities

Bellbrook
+33.8%
Sugarcreek Township
+7.6%
Washington Township
+6.3%
Centerville
+1.7%
Kettering
+1.2%

Housing Supply in Centerville, OH

How many homes are available in Centerville, OH?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
9985-14.1%

Summary: The Centerville real estate market had 85 homes for sale in September 2024, a 14.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 2517
-32.0%
3 4338
-11.6%
4 2426
+8.3%
5+ 74
-42.9%

Summary: The Centerville housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 32%, 3 bedroom homes decreased by 11.6%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes decreased by 42.9%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3725-32.4%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

3 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. 60% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Centerville in September 2024, down by 32.4% month-over-month. Of the 25 sold homes, 60% were sold under asking, 28% were sold at asking, and 12% 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 29 Days Ago

Newest Listings in Centerville, OH

Nearby Markets to Centerville, OH

What housing markets are near Centerville, OH?