Is Centerville, PA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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, PA
How much do homes in Centerville, PA cost?
Median Sold Price
$135,000
$119/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Centerville have sold for 5.8% more than they did a year ago.
Summary: The median home sold price in Centerville was $135,000 in May 2024, up 5.8% from last year, and the median price per square foot was $119.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $121.5K | $115K | -5.3% |
| 3 Bedrooms | $129K | $140.2K | +8.7% |
| 4 Bedrooms | $130K | $450K | +246.2% |
| 5+ Bedrooms | - | $495K | N/A |
Summary: Centerville housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 5.3%, 3 bedroom homes increased by 8.7%, 4 bedroom homes increased by 246.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Fredericktown | $83K | $115.8K | +39.6% |
| Centerville | $127.5K | $135K | +5.8% |
Housing Supply in Centerville, PA
How many homes are available in Centerville, PA?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 10 | 10 | 0.0% |
Summary: The Centerville real estate market had 10 homes for sale in May 2024, the same as April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 2 | -33.3% |
| 3 Bedrooms | 4 | 3 | -25.0% |
| 4 Bedrooms | 1 | 3 | +200.0% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Centerville housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 25%, 4 bedroom homes increased by 200%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
2 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 2 homes were sold or pending in Centerville in May 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 30 Days | 102 Days | +234.4% |
Summary: Homes in Centerville had an average of 102 days on market in May 2024, up by 234.4% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Centerville has remained consistent over time.
Summary: During May 2024, 2 homes were sold in Centerville; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
