Is Centerville, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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, OH
How much do homes in Centerville, OH cost?
Median Sold Price
$298,675
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Centerville have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in Centerville was $298,675 in April 2024, up 10.6% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $144.9K | $138.5K | -4.4% |
| 2 Bedrooms | $165K | $172.9K | +4.8% |
| 3 Bedrooms | $268.9K | $300K | +11.5% |
| 4 Bedrooms | $329K | $369.4K | +12.3% |
| 5+ Bedrooms | $410K | $390K | -4.9% |
Summary: Centerville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes increased by 4.8%, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 4.9%.
Median Sold Price Compared To Nearby Cities
| Bellbrook | $271K | $376.8K | +39.0% |
| Washington Township | $300K | $333.1K | +11.0% |
| Centerville | $269.9K | $298.6K | +10.6% |
| Kettering | $215K | $233.8K | +8.8% |
| Sugarcreek Township | $430K | $464.6K | +8.1% |
Housing Supply in Centerville, OH
How many homes are available in Centerville, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 76 | 73 | -3.9% |
Summary: The Centerville real estate market had 73 homes for sale in April 2024, a 3.9% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 27 | 23 | -14.8% |
| 3 Bedrooms | 29 | 29 | 0.0% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The Centerville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.8%, 3 bedroom homes remained the same, 4 bedroom homes increased by 20%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 29 | 28 | -3.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Centerville, you may be able to get a good deal. 39.3% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in Centerville in April 2024, down by 3.4% month-over-month. Of the 28 sold homes, 39% were sold under asking, 25% were sold at asking, and 36% were sold over asking.
Days on Market for Centerville, OH
How long does it take to sell a home in Centerville, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 43 Days | 44 Days | +3.8% |
Summary: Homes in Centerville had an average of 44 days on market in Apr 2024, up by 3.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Centerville has remained consistent over time.
Summary: During April 2024, 28 homes were sold in Centerville; 32% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Copyright ©2024 by the Multiple Listing Service of Greater Cincinnati, Inc. All rights reserved. For the most current information, contact your Broker.