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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Centerville is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Centerville has remained a Buyer'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, TX

How much do homes in Centerville, TX cost?

Median Sold Price

$420,000

$196/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$310,000(+281.8%)

Key Takeaway

Homes in Centerville have sold for 281.8% more than they did a month ago.

Summary: The median home sold price in Centerville was $420,000 in October 2024, up 281.8% from last month, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 $113K-
N/A
2 $107K-
N/A
3 -$525K
N/A
4 -$315K
N/A
5+ --
N/A

Summary: Centerville housing prices by bedroom type for October 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Centerville, TX

How many homes are available in Centerville, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2018-10.0%

Summary: The Centerville real estate market had 18 homes for sale in October 2024, a 10.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 22
0.0%
2 43
-25.0%
3 98
-11.1%
4 44
0.0%
5+ 11
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 25%, 3 bedroom homes decreased by 11.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 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. 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, the same as the previous 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, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
18 Days62 Days+247.2%

Summary: Homes in Centerville had an average of 62 days on market in Oct 2024, up by 247.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were 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 October 2024, 2 homes were sold in Centerville; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 20 Days Ago

Newest Listings in Centerville, TX

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