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Commercial Foreclosures in Centerville, IA

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Centerville, IA Foreclosures

Current Market Conditions in in Centerville, IA As of April 2026?
Over the past month, the real estate market in Centerville has seen a slight uptick in activity with an increase in showings and offers on properties, particularly for homes priced under $250,000. This suggests that buyers are becoming more eager to enter the market, likely influenced by favorable lending rates and the continuing trend of remote work that allows more flexible living arrangements. However, inventory levels remain low, which can lead to competitive bidding on desirable homes.
How much do homes sell for in Centerville, IA?
The average home price is currently $154,582.
In Centerville, IA, how many homes are available?
There are currently 19 active home listings available in Centerville.
What’s the average rental cost in Centerville, IA?
The average rental price in Centerville is $951.
What is the most expensive home in Centerville?
The most expensive home sold in Centerville had a price of $9,759,761.
What is currently the cheapest priced home in Centerville, IA?
The cheapest home for sale in Centerville is priced at $7,764.

Living in Centerville, IA

Centerville, Iowa, is a quaint and welcoming community that offers a peaceful lifestyle with a variety of recreational activities and cultural events. The town features excellent schools, beautiful parks, and a rich historical backdrop, making it an ideal place to live for families and individuals alike. With a strong sense of community and friendly atmosphere, residents enjoy both small-town charm and convenient amenities.

Buyer vs Seller Market in Centerville, IA

The real estate market in Centerville is relatively stable, with a mix of affordable homes and some more upscale options. The demand for housing has remained consistent as families and retirees alike are drawn to the town's charm and community spirit. Buyers can find homes that often have a good amount of land, which is a significant attraction for those wanting to enjoy more outdoor space.

There are signs of slow appreciation in property values, particularly in family-friendly neighborhoods and near amenities such as schools and parks. This trend is expected to continue as people value more space and outdoor access in their living conditions.

Home Value Estimator For Centerville, IA

There are currently 3,674 real estate properties in Centerville, IA, with a median automated valuation model (AVM) price of $108,272.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Centerville, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Centerville, IA, is $154,582.00, with the most expensive house in Centerville, IA, topping out at $9,759,761.00 and the cheapest home in Centerville, IA, clocking in at $7,764.00. In other words, there’s something for every potential homebuyer or savvy investor in Centerville, IA!

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 $951.00. 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 $940.00. 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.

Centerville, IA Commercial


Market Trend for Centerville, IA

Total Listings Available: 19

Market Values:

Home Prices from $7,764 to $9,759,761

Average Sales Price: $154,582

Rental Values:

Rental from $490 to $1,720

Average Rent Value: $951 / month

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