The housing market in Centerville, OH is quite strong, with the median value of a house being $261,200. This is significantly lower than the US house median value of $338,100. However, the one-year appreciation of houses in Centerville is higher at 12.61%, compared to 8.27% for the US as a whole. This shows that houses in Centerville are appreciating at a faster rate than the national average and makes it an attractive location for people looking to buy or invest in property.
The median home cost in Centerville is $261,200. Home appreciation the last 10 years has been 78.7%. Home Appreciation in Centerville is up 13.8%.
Average Age of Homes
- The median age of Centerville real estate is 41 years old
The Rental Market in Centerville
- Renters make up 28.3% of the Centerville population
- 1.1% 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.