Is Centreville, MD a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Centreville is a seller's market


Difference Since May 2022

Since last year, Centreville has remained a Seller's Market.

Key Takeaway

Centreville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Centreville, MD cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since May 2022


Key Takeaway

Homes in Centreville have sold for 12.3% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSMay 2022May 2023%
1 -$200K
2 $390K$442K
3 $357K$345K
4 $435K$481K
5+ $489K$529K

How many homes are available in Centreville, MD?

Number of Homes For Sale

Apr 2023May 2023%

Homes For Sale By Bedroom Count

# BEDSApr 2023May 2023%
1 00
2 36
3 117
4 2322
5+ 1110

Number of Homes Sold

Apr 2023May 2023%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Centreville, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

How long does it take to sell a home in Centreville, MD?

How long does it take to sell a home in Centreville, MD?

Average Sale Time

May 2022May 2023%
8 Days39 Days+383.1%

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Centreville 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 Centreville, MD

Homes for sale in Centreville, MD have reached 45. The number of homes for sale in Centreville, MD decreased by 6.3% between April 2023 and May 2023. The median list price of listings available in May 2023 was $455,000, while the average time on the real estate market was 39 days. From April 2023 through May 2023, the following changes in listing prices were observed in this housing market: prices of 1 bedroom properties went up by 0%, the cost of 2 bedrooms properties went up by 13.3%, 3 bedrooms properties became 3.4% more cheaper, prices of 4 bedrooms properties increased by 10.6%, 5 bedrooms properties prices increased by 8.2%. Housing inventory have changed in this real estate market: 1 bedroom homes did not move, number of 2 bedrooms homes increased by 100%, 3 bedrooms homes became 36.4% less available, number of 4 bedrooms homes decreased by 4.3%, number of 5 bedrooms homes decreased by 9.1%. In May 2023 more than 2 listings in Centreville, MD were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 5 were sold below.