Foreclosure Homes in Centerville, IA

Current Market Conditions in Centerville, IA

The current real estate market in Centerville, IA is experiencing modest growth as buyers look for affordable housing options. Inventory levels remain relatively stable, offering a mix of options for first-time homebuyers and families looking to upgrade. While some homes have seen increased demand, others remain on the market for longer periods, indicating a balanced market.

Realtors in the area report an increasing interest in homes with larger lots and proximity to parks and recreational areas. The town’s affordability continues to attract buyers from nearby cities seeking a quieter lifestyle, contributing to a steady appreciation in property values.

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.