Foreclosure Homes in Centerville, IA 52544

Current Market Conditions in Centerville, IA

The real estate market in Centerville has remained stable with a steady inventory of homes available. Prices have shown modest growth, indicating a healthy demand among buyers looking for affordable housing options in a friendly environment. The average days on market have slightly decreased, suggesting an increasing interest in home ownership in the area.

In the past year, the market has experienced a balanced supply and demand, leading to competitive pricing for homes. Buyers are often looking for single-family homes and investment properties, motivated by the town's community-oriented atmosphere and reasonable property taxes.

Rent Prices In Centerville, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Centerville, IA, is on a rollercoaster ride. The average rent price in Centerville, IA, is $949.00. Indeed, when looking to rent in Centerville, IA, you can expect to pay as little as $490.00 or as much as $1,720.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Centerville, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.