Centerville Housing Market Report January 2025Montgomery County, Ohio

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Housing Prices in Centerville, OH

How much do homes in Centerville, OH cost?

Housing Market Conditions

Is Centerville, OH a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Centerville is a Seller's Market

Difference Since January 2024

Since last year, Centerville has remained a Seller's Market.

Insight

Centerville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$305,000$157/SqFt
+$6,325
+2.1%

Based on all homes sold in the last 12 months

Insight

Homes in Centerville have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Centerville was $305,000 in January 2025, up 2.1% from last year, and the median price per square foot was $157.

Median Sold Price By City

Median Sold Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Bellbrook
+10.4%
Kettering
+4.2%
Sugarcreek Township
+3.8%
Centerville
+2.1%
Washington Township
0.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$140.9K$142.5K
+1.1%
2$178.3K$180K
+1.0%
3$294.1K$310K
+5.4%
4$362K$378.8K
+4.7%
5$388K$444.9K
+14.7%

Summary: Centerville housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.1%. The home price for 2 bedroom homes increased by +1.0%. The home price for 3 bedroom homes increased by +5.4%. The home price for 4 bedroom homes increased by +4.7%. The home price for 5 bedroom homes increased by +14.7%.

Housing supply in Centerville, OH

How many homes are available in Centerville, OH?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
60Last MonthJan 2025
692 months agoDec 2024
-13.0 %
Change MoMDec – Jan

Summary: The Centerville real estate market had 60 homes for sale in Jan 2025, a 13.0 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
18Last MonthJan 2025
292 months agoDec 2024
-37.9 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
22120
-4.8%
33126
-16.1%
41514
-6.7%
520
-100.0%

Summary: Centerville housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -4.8%. The inventory for 3 bedroom homes decreased by -16.1%. The inventory for 4 bedroom homes decreased by -6.7%. The inventory for 5 bedroom homes decreased by -100.0%.

Asking Price vs. Sold Price

How much do homes in Centerville, OH cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price2 Homes

At Asking Price3 Homes

Under Asking Price13 Homes

Insight

If you're buying a home in Centerville, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Centerville in January 2025, down by 37.9% month-over-month. Of the 18 sold homes, 72% were sold under asking, 17% were sold at asking, and and 11% were sold over asking.

Days on Market for Centerville, OH

How long does it take to sell a home in Centerville, OH?

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
0 DaysThis YearJan 2025
50 Days1 year agoJan 2024
0.0 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Centerville had an average listing age of 0 days in Jan 2025, down by .0% compared to the previous year.

Newest Listings in Centerville, OH

What homes are available in Centerville, OH?

MLS Disclaimers and Copyright

Based on information from Dayton MLS, for the period 02/01/2023 - 02/01/2025

IDXThis information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2025 DABR MLS. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/1/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.