The housing market in Centerville, TN is thriving. The median value of homes in the area is $176,800, which is significantly lower than the US house median value of $338,100. However, it has seen a much larger appreciation over the past year than the US average with a 15.82% increase compared to 8.27%. This shows that the area is experiencing strong economic growth and is attractive to potential buyers.
The median home cost in Centerville is $176,800. Home appreciation the last 10 years has been 143.0%. Home Appreciation in Centerville is up 25.0%.
Average Age of Homes
- The median age of Centerville real estate is 42 years old
The Rental Market in Centerville
- Renters make up 24.5% of the Centerville population
- 0.0% 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.