The housing market in Centerville, SD is an admirable one. According to recent data, the median value of a home in Centerville is currently at $233,800. This is significantly lower than the US median value of $338,100. On top of this, the 1 year house appreciation rate in Centerville was 12.74%, a significant increase from the US national average of 8.27%. These figures indicate that buying a home in Centerville has been a wise investment for many people, as they can benefit from both lower property prices and increased value over time.
The median home cost in Centerville is $233,800. Home appreciation the last 10 years has been 95.0%. Home Appreciation in Centerville is up 18.1%.
Average Age of Homes
- The median age of Centerville real estate is 70 years old
The Rental Market in Centerville
- Renters make up 17.6% of the Centerville population
- 1.2% of houses and apartments in Centerville, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.