Is Centreville, MI 49032 a buyer’s or seller’s market?
Centreville is a seller’s market. With about 0.8 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Centreville housing market right now
In the three months ending August 31, 2026, 0% of homes in Centreville, MI 49032 sold above their list price, the typical home went under contract in 96 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 4 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 60%, homes sold more slowly (4 days then) and the median sale price rose 82% to $312,815. Overall, Centreville is less competitive than a year ago, which gives buyers more room.
Within St. Joseph County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Constantine 49042 (33% sold over asking) and Sturgis 49091 (22% sold over asking) are even more competitive.
Run the numbers for 49032
Nearby markets
Burr Oak 49030Seller’s market $118 /sq ftColon 49040Seller’s market $176 /sq ftConstantine 49042Seller’s market $147 /sq ftLeonidas 49066 — /sq ft Browse all markets →Towns like Centreville nearby
Find towns like Centreville in other states →Where Centreville is
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Questions about Centreville real estate
Is Centreville a buyer’s or seller’s market?
A seller’s market: there were 0.8 months of supply in Centreville, MI 49032 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Centreville?
The typical home went under contract in 96 days in the latest three months.
Do homes in Centreville sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.5% of the list price.
What are property taxes in Centreville?
About 1.10% of a home’s value a year in St. Joseph County, or roughly $4,400 on a $400,000 home.
What is the median home price in Centreville?
The median sale price was $312,815 in the three months ending August 31, 2026, about $151 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology