$9,488 Closing Credit*
$799,000
1,736 SqFt
4 Beds
•2 Full Baths
#73286072, Gervais Group, Listing Office: Keller Williams Realty
Is Centerville, MA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 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, MA
How much do homes in Centerville, MA cost?
Median Sold Price
$640,000
$436/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$40,000(+6.7%)
Key Takeaway
Homes in Centerville have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Centerville was $640,000 in August 2024, up 6.7% from last year, and the median price per square foot was $436.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $376.9K | $140K | -62.9% |
| 2 Bedrooms | $485K | $550.9K | +13.6% |
| 3 Bedrooms | $601.7K | $655K | +8.8% |
| 4 Bedrooms | $735K | $720K | -2.0% |
| 5+ Bedrooms | $1.6M | $1.2M | -21.5% |
Summary: Centerville housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 62.9%, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 21.5%.
Median Sold Price Compared To Nearby Cities
| Hyannis | $450K | $510K | +13.3% |
| Osterville | $1.2M | $1.3M | +8.0% |
| Barnstable Town | $610K | $651.6K | +6.8% |
| Centerville | $600K | $640K | +6.7% |
| Marstons Mills | $610K | $637K | +4.4% |
Housing Supply in Centerville, MA
How many homes are available in Centerville, MA?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 53 | 51 | -3.8% |
Summary: The Centerville real estate market had 51 homes for sale in August 2024, a 3.8% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 10 | +11.1% |
| 3 Bedrooms | 34 | 31 | -8.8% |
| 4 Bedrooms | 6 | 6 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The Centerville housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 8.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 12 | 11 | -8.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Centerville, expect to pay close to the asking price. 36.4% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Centerville in August 2024, down by 8.3% month-over-month. Of the 11 sold homes, 27% were sold under asking, 36% were sold at asking, and 36% were sold over asking.
Days on Market for Centerville, MA
How long does it take to sell a home in Centerville, MA?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 20 Days | 28 Days | +36.1% |
Summary: Homes in Centerville had an average of 28 days on market in Aug 2024, up by 36.1% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
3 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 August 2024, 11 homes were sold in Centerville; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
