$5,569 Closing Credit*
$469,000
2,072 SqFt
4 Beds
•2 Full Baths
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 October 2023
At the same time last year, Centerville was a Seller's Market.
Key Takeaway
Centerville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Centerville, TN
How much do homes in Centerville, TN cost?
Median Sold Price
$269,300
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$26,800(+11.1%)
Key Takeaway
Homes in Centerville have sold for 11.1% more than they did a year ago.
Summary: The median home sold price in Centerville was $269,300 in October 2024, up 11.1% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $138.5K | $77.5K | -44.0% |
| 2 Bedrooms | $198.8K | $171.4K | -13.8% |
| 3 Bedrooms | $257K | $286.9K | +11.7% |
| 4 Bedrooms | $316K | $285K | -9.8% |
| 5+ Bedrooms | $430K | $504.9K | +17.4% |
Summary: Centerville housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 44%, 2 bedroom homes decreased by 13.8%, 3 bedroom homes increased by 11.7%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 17.4%.
Median Sold Price Compared To Nearby Cities
| Nunnelly | $245K | $309.9K | +26.5% |
| Centerville | $242.5K | $269.3K | +11.1% |
Housing Supply in Centerville, TN
How many homes are available in Centerville, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 29 | 23 | -20.7% |
Summary: The Centerville real estate market had 23 homes for sale in October 2024, a 20.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 6 | 2 | -66.7% |
| 3 Bedrooms | 11 | 9 | -18.2% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
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 66.7%, 3 bedroom homes decreased by 18.2%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 6 | 2 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was 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. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Centerville in October 2024, down by 66.7% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 14 Days | 23 Days | +67.9% |
Summary: Homes in Centerville had an average of 23 days on market in Oct 2024, up by 67.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was 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 October 2024, 2 homes were sold in Centerville; 50% of homes were sold within 30 days, 50% 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.