Is Centerville, SD 57014 a buyer’s or seller’s market?
Centerville is a seller’s market. With about 2.4 months of supply and 25% 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 Centerville housing market right now
In the three months ending August 31, 2026, 25% of homes in Centerville, SD 57014 sold above their list price, the typical home went under contract in 14 days and there were 2.4 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 rose from 0%, homes sold faster (70 days then) and the median sale price fell 9% to $267,334. Overall, Centerville is more competitive than a year ago, so tougher for buyers.
Within Turner County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%.
Nearby, buyers who want less competition could look at Viborg 57070 (0% sold over asking) or Marion 57043 (0% sold over asking), while Parker 57053 (100% sold over asking) and Hurley 57036 (33% sold over asking) are even more competitive.
Run the numbers for 57014
Nearby markets
Chancellor 57015 — /sq ftDavis 57021 — /sq ftHurley 57036Seller’s market $140 /sq ftMarion 57043Seller’s market $81 /sq ft Browse all markets →Towns like Centerville nearby
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Questions about Centerville real estate
Is Centerville a buyer’s or seller’s market?
A seller’s market: there were 2.4 months of supply in Centerville, SD 57014 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 14 days in the latest three months.
Do homes in Centerville sell over asking?
25% of homes sold above their original list price, and the typical sale closed at 100.9% of the list price.
What are property taxes in Centerville?
About 0.98% of a home’s value a year in Turner County, or roughly $3,920 on a $400,000 home.
What is the median home price in Centerville?
The median sale price was $267,334 in the three months ending August 31, 2026, about $139 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