$5,819 Closing Credit*
$490,000
1,144 SqFt
3 Beds
•1 Full Bath
David R. Hudgins, Listing Office: Southern Way Real Estate
Is Centerville, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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, TN
How much do homes in Centerville, TN cost?
Median Sold Price
$279,000
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$29,700(+11.9%)
Key Takeaway
Homes in Centerville have sold for 11.9% more than they did a year ago.
Summary: The median home sold price in Centerville was $279,000 in November 2024, up 11.9% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $138.5K | $77.5K | -44.0% |
| 2 Bedrooms | $210K | $166.5K | -20.7% |
| 3 Bedrooms | $254.5K | $296K | +16.3% |
| 4 Bedrooms | $316K | $317.5K | 0.5% |
| 5+ Bedrooms | $430K | $504.9K | +17.4% |
Summary: Centerville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes decreased by 20.7%, 3 bedroom homes increased by 16.3%, 4 bedroom homes increased by 0.5%, and 5+ bedroom homes increased by 17.4%.
Housing Supply in Centerville, TN
How many homes are available in Centerville, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Summary: The Centerville real estate market had 25 homes for sale in November 2024, a 13.6% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 9 | 10 | +11.1% |
| 4 Bedrooms | 5 | 8 | +60.0% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
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 remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 60%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
5 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 Centerville, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Centerville in November 2024, up by 150.0% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Centerville, TN
How long does it take to sell a home in Centerville, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 53 Days | 31 Days | -41.4% |
Summary: Homes in Centerville had an average of 31 days on market in Nov 2024, down by 41.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Centerville are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 5 homes were sold in Centerville; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.