Centerville, IA Foreclosures
Current Market Conditions in in Centerville, IA As of March 2026?
This past month, Centerville's real estate market has shown signs of increased activity, particularly in the single-family home sector. With lower interest rates enticing buyers, there has been a noticeable uptick in showings and offers. Homes that are priced accurately and show well are moving quickly, often receiving multiple offers within days of being listed. This trend highlights the town's appeal as a desirable location for those seeking a quaint yet vibrant community.
How much do homes sell for in Centerville, IA?
The average home price is currently $154,441.
In Centerville, IA, how many homes are available?
There are currently 2 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 $9,636,768.
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 is a charming small town nestled in southern Iowa, known for its picturesque landscapes and friendly community. With a variety of recreational activities, great schools, and local amenities, it offers a comfortable lifestyle for families and individuals alike. The town's rich history and vibrant culture make it a great place to call home.
Buyer vs Seller Market in Centerville, IA
The real estate market in Centerville, IA is experiencing a moderate increase in home values, driven by the overall stability and growth of the local economy. Inventory levels remain low, leading to competitive bidding for homes in good condition. As more individuals seek out the charm of small-town living, demand for homes has steadily risen, particularly among first-time buyers and retirees looking to downsize.
In recent months, the rental market has also seen a surge in interest, with many young professionals and families exploring the option of leasing homes. The overall trend indicates a positive outlook for the market, with experts predicting continued growth in both home sales and rental opportunities.
Home Value Estimator For Centerville, IA
There are currently 3,675 real estate properties
in Centerville, IA,
with a median automated valuation model (AVM) price
of $109,338.00. 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 $154,441.00, with the most expensive house
in Centerville, IA, topping out
at $9,636,768.00 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.
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