Is Centerville, PA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Centerville is a buyer's market

Buyer's
Market

Difference Since August 2023

At the same time last year, Centerville was a Seller's Market.

Key Takeaway

Centerville is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Centerville, PA

How much do homes in Centerville, PA cost?

Median Sold Price

$126,000

$120/sqft

Based on all homes sold in the last 12 months.

Difference Since August 2023

-$2,100(-1.6%)

Key Takeaway

Homes in Centerville have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Centerville was $126,000 in August 2024, down 1.6% from last year, and the median price per square foot was $120.

Median Sold Price By Bedroom Count

# BEDSAug 2023Aug 2024CHANGE
1 --
N/A
2 $118K$116.7K
-1.1%
3 $135K$135.7K
+0.6%
4 $70K$282K
+302.9%
5+ -$495K
N/A

Summary: Centerville housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 302.9%, and 5+ bedroom homes did not change.

Housing Supply in Centerville, PA

How many homes are available in Centerville, PA?

Number of Homes For Sale

Jul 2024Aug 2024CHANGE
918+100.0%

Summary: The Centerville real estate market had 18 homes for sale in August 2024, a 100.0% increase compared to July 2024.

Homes For Sale By Bedroom Count

# BEDSJul 2024Aug 2024CHANGE
1 00
0.0%
2 03
+100.0%
3 712
+71.4%
4 12
+100.0%
5+ 11
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 100%, 3 bedroom homes increased by 71.4%, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jul 2024Aug 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

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 1 homes were sold or pending in Centerville in August 2024, the same as the previous month. Of the 1 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

Aug 2023Aug 2024CHANGE
98 Days56 Days-42.9%

Summary: Homes in Centerville had an average of 56 days on market in Aug 2024, down by 42.9% compared to last year.

Breakdown of Home Sale Times

0 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

Avg time on Rocket Homes in Centerville has remained consistent over time.

Summary: During August 2024, 1 homes were sold in Centerville; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 12 Days Ago

Newest Listings in Centerville, PA

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