The housing market in Centerville, IN is an attractive option for potential buyers. The median value of homes in Centerville is $162,700, which is lower than the US median house value of $338,100. What makes the housing market in Centerville even more appealing is that it has seen a higher 1 year appreciation than the national average – 13.04% versus 8.27%. This makes investing in a home in Centerville a sound financial decision for those looking to move into the area or upgrade their existing home.
The median home cost in Centerville is $162,700. Home appreciation the last 10 years has been 73.6%. Home Appreciation in Centerville is up 15.1%.
Average Age of Homes
- The median age of Centerville real estate is 57 years old
The Rental Market in Centerville
- Renters make up 22.8% of the Centerville population
- 2.9% 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.