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Preforeclosure Homes in Centerville, IN 47330

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Living in Centerville, IN

Centerville, IN is a charming small town in Wayne County that balances a rural lifestyle with proximity to larger urban areas. It offers a community-oriented atmosphere with various local amenities, beautiful parks, and historic sites. It's an excellent choice for families looking for a peaceful place to call home while being close to essential services and recreational activities.

Current Market Conditions in Centerville, IN

The real estate market in Centerville has shown consistent growth in recent years, with an increasing number of families and individuals seeking housing in the area. Homes in Centerville are typically modestly priced, making them accessible to first-time homebuyers and those looking to downsize. The town's appeal continues to attract new residents, contributing to a healthy demand for housing.

Currently, the market favors sellers, with properties often receiving multiple offers above the asking price. Low inventory remains a significant challenge, leading to quicker sales and higher competition among buyers. Real estate trends indicate that the area is becoming more desirable, particularly for those commuting to nearby cities.

Home Value Estimator For Centerville, IN

There are currently 2,123 real estate properties in Centerville, IN, with a median automated valuation model (AVM) price of $192,884.00. 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, IN, 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, IN, is $236,272.00, with the most expensive house in Centerville, IN, topping out at $3,587,339.00 and the cheapest home in Centerville, IN, clocking in at $34,965.00. In other words, there’s something for every potential homebuyer or savvy investor in Centerville, IN!

Rent Prices In Centerville, IN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Centerville, IN, is on a rollercoaster ride. The average rent price in Centerville, IN, is $1,065.00. Indeed, when looking to rent in Centerville, IN, you can expect to pay as little as $550.00 or as much as $2,170.00, with the average rent median estimated to be $1,030.00. The good news is that finding an affordable and desirable property to rent in Centerville, IN -- 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, IN 47330 Preforeclosure Homes


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