Is Centerville, IA 52544 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Centerville is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score33/ 100

More competitive than 30% of U.S. ZIP codes, and #121 of 156 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply5.3Under 4 months = seller’s market
Sold above original list21.4%Share of sales, last 3 months
Median sale-to-list97.9%Sold price ÷ list price
Median days on market64Listing to accepted offer
Median price per sq ft$119▲ +38.6% vs. last year

The Centerville housing market right now

In the three months ending August 31, 2026, 21% of homes in Centerville, IA 52544 sold above their list price, the typical home went under contract in 64 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 29 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 5%, homes sold more slowly (56 days then) and the median sale price rose 19% to $169,926. Overall, Centerville is more competitive than a year ago, so tougher for buyers.

Within Appanoose County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 80%. On our competition score, Centerville ranks #121 of 156 IA ZIP codes with enough sales (score 33 out of 100).

Nearby, buyers who want less competition could look at Plano 52581 (0% sold over asking) or Moulton 52572 (0% sold over asking), while Moravia 52571 (33% sold over asking) is even more competitive.

Nearby markets

Cincinnati 52549Buyer’s market $248 /sq ftExline 52555Buyer’s market $144 /sq ftMoravia 52571Balanced $139 /sq ftMoulton 52572Seller’s market $65 /sq ft Browse all markets →

Where Centerville is

Loading map…

Questions about Centerville real estate

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

A balanced market: there were 5.3 months of supply in Centerville, IA 52544 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 Centerville?

The typical home went under contract in 64 days in the latest three months.

Do homes in Centerville sell over asking?

21% of homes sold above their original list price, and the typical sale closed at 97.9% of the list price.

What are property taxes in Centerville?

About 1.34% of a home’s value a year in Appanoose County, or roughly $5,360 on a $400,000 home.

What is the median home price in Centerville?

The median sale price was $169,926 in the three months ending August 31, 2026, about $119 per square foot.

No sponsored agents in 52544 yet. Are you an agent here? Put your name in front of local buyers.

More tools for 52544

Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology