Is Centerville, MA 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 May 2021

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.

How much do homes in Centerville, MA cost?

Median Sold Price

$571,000

$350/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2021

+$91,000(+19.0%)

Key Takeaway

Homes in Centerville have sold for 19% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2021May 2022%
1 $380K$485K
+27.6%
2 $395K$415K
+5.0%
3 $472.5K$570K
+20.6%
4 $601.2K$826.2K
+37.4%
5+ $1.2M$1.8M
+49.4%

Median Sold Price Compared To Nearby Cities

Centerville
+19.0%
Hyannis
+18.0%
Barnstable Town
+11.0%
Marstons Mills
+10.5%
Osterville
+5.6%

How many homes are available in Centerville, MA?

Number of Homes For Sale

Apr 2022May 2022%
4962+26.5%

Homes For Sale By Bedroom Count

# BEDSApr 2022May 2022%
1 10
-100.0%
2 1017
+70.0%
3 3033
+10.0%
4 610
+66.7%
5+ 22
0.0%

Number of Homes Sold

Apr 2022May 2022%
1013+30.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

11 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. 84.6% of homes here sold above asking price last month.

Average Sale Time

May 2021May 2022%
31 Days13 Days-56.8%

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were 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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Centerville, MA

Centerville, MA has 62 homes for sale to choose from. In May 2022 in Centerville, MA there were 26.5% more homes for sale than in April 2022. In May 2022, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $571,000. Between April 2022 and May 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties became 27.6% more expensive, 2 bedrooms properties prices increased by 5%, 3 bedrooms properties became 20.6% more expensive, 4 bedrooms properties prices increased by 37.4%, 5 bedrooms properties became 49.4% more expensive. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes decreased by 100%, 2 bedrooms homes became 70% more available, number of 3 bedrooms homes increased by 10%, 4 bedrooms homes became 66.7% more available, 5 bedrooms homes did not move. Centerville, MA housing market in May 2022 saw over 11 listings sold above listed price, more than 0 sold at listed price and over 2 sold below.

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