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Bankruptcy Homes in Centerville, MN

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Centerville, MN Foreclosures

Current Market Conditions in in Centerville, MN As of April 2026?
In the past month, Centerville's real estate market has experienced a slight uptick in home sales, although inventory levels remain low. This recent trend highlights the continued demand for homes in the area, particularly in well-established neighborhoods. Buyers are facing increased competition, and homes are frequently selling above asking prices as the market responds to current economic conditions and interest rates.
How much do homes sell for in Centerville, MN?
The average home price is currently $459,658.
What’s the average rental cost in Centerville, MN?
The average rental price in Centerville is $1,804.
What is the most expensive home in Centerville?
The most expensive home sold in Centerville had a price of $6,880,030.
What is currently the cheapest priced home in Centerville, MN?
The cheapest home for sale in Centerville is priced at $50,077.

Living in Centerville, MN

Centerville, MN is a charming suburb characterized by its tranquil environment and close proximity to Minneapolis and St. Paul. The city is known for its parks and lakes, offering residents a variety of outdoor activities. With a selection of shops, restaurants, and community events, it fosters a friendly and connected lifestyle.

Buyer vs Seller Market in Centerville, MN

The real estate market in Centerville has shown resilience, with steady interest from homebuyers drawn to its low crime rate and excellent schools. Homes in the area have generally maintained their value, and demand remains healthy, particularly for single-family homes that offer ample space for growing families.

Home Value Estimator For Centerville, MN

There are currently 1,194 real estate properties in Centerville, MN, with a median automated valuation model (AVM) price of $390,642.00. 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, MN, 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, MN, is $459,658.00, with the most expensive house in Centerville, MN, topping out at $6,880,030.00 and the cheapest home in Centerville, MN, clocking in at $50,077.00. In other words, there’s something for every potential homebuyer or savvy investor in Centerville, MN!

Rent Prices In Centerville, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Centerville, MN, is on a rollercoaster ride. The average rent price in Centerville, MN, is $1,804.00. Indeed, when looking to rent in Centerville, MN, you can expect to pay as little as $1,030.00 or as much as $4,270.00, with the average rent median estimated to be $1,740.00. The good news is that finding an affordable and desirable property to rent in Centerville, MN -- 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, MN Bankruptcy Homes

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