Is Centerville, PA 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 Last Month

Last month, Centerville was a Buyer'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, PA

How much do homes in Centerville, PA cost?

Median Sold Price

$103,000

$82/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$139,934(-57.6%)

Key Takeaway

Homes in Centerville have sold for 57.6% less than they did a month ago.

Summary: The median home sold price in Centerville was $103,000 in December 2024, down 57.6% from last month, and the median price per square foot was $82.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 --
N/A
2 -$103K
N/A
3 $242.9K$145.5K
-40.1%
4 --
N/A
5+ --
N/A

Summary: Centerville housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 40.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Centerville
-57.6%
Fredericktown
-69.0%

Housing Supply in Centerville, PA

How many homes are available in Centerville, PA?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1514-6.7%

Summary: The Centerville real estate market had 14 homes for sale in December 2024, a 6.7% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 33
0.0%
3 87
-12.5%
4 33
0.0%
5+ 11
0.0%

Summary: The Centerville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 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 could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 3 homes were sold or pending in Centerville in December 2024, up by 50.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Centerville, PA

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

Average Sale Time

Nov 2024Dec 2024CHANGE
60 Days122 Days+103.9%

Summary: Homes in Centerville had an average of 122 days on market in Dec 2024, up by 103.9% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was 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 December 2024, 3 homes were sold in Centerville; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 4 Days Ago

Newest Listings in Centerville, PA

Nearby Markets to Centerville, PA

What housing markets are near Centerville, PA?