Bankruptcy Homes in Centerville, OH

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Home Value Estimator For Centerville, OH

There are currently 3,099 real estate properties in Centerville, OH, with a median automated valuation model (AVM) price of $349,269.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Centerville, OH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Centerville, OH, is $358,373.00, with the most expensive house in Centerville, OH, topping out at $1,990,000.00 and the cheapest home in Centerville, OH, clocking in at $9,794.00. In other words, there’s something for every potential homebuyer or savvy investor in Centerville, OH!

Rent Prices In Centerville, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Centerville, OH, is on a rollercoaster ride. The average rent price in Centerville, OH, is $1,370.00. Indeed, when looking to rent in Centerville, OH, you can expect to pay as little as $630.00 or as much as $2,800.00, with the average rent median estimated to be $1,350.00. The good news is that finding an affordable and desirable property to rent in Centerville, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Centerville, OH In 2024

Centerville is located in Montgomery, Ohio, with an estimated municipal population of 23,703 residents. All of the best foreclosed homes for sale in Centerville are located in the following zip code areas on 45459 45458. The estimated population per square kilometer (.62 miles) in Centerville is 834.

Cost Of Living In Centerville, OH

So, about how much do homes cost in Centerville? The most recent median value of resident-owned homes in Centerville is 186,645. An estimated 72 percent of households in Centerville own their homes, with an average family size of 2.75. The median household income in Centerville is 73,904, with34.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Centerville, the median commute time of resident workers (in minutes) is 21.7. And last, but certainly not least, are you looking for homes to rent in Centerville? If so, the average rent price paid by renters in Centerville is 919, according to recent statistics.

Diversity And Demographics In Centerville, Ohio

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Centerville, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Centerville is 49.6, split between 46.3 percent male versus 53.7 female. The percentage of residents who report being married in Centerville is 58.8, with an average family size of 2.75.

The percentage of residents who report their race in Centerville is as follows:

White 86.5%
Black / African American 6.1%
Asian 4.8%
American Indian / Alaskan Native 0.1%
Native Hawaiian / Other Pacifc Islander 0.1%
Multi-racial 2.1%
Other 0.4%

Looking for family-friendly neighborhoods in and/or near Centerville? Or maybe you are searching for 55+ active adult communities in and/or near Centerville?

The percentage of residents who report their age in Centerville is as follows:

Under 10 11%
Aged 10-19 9.7%
20s 9.1%
30s 11.1%
40s 9.5%
50s 12.7%
60s 17.3%
70s 10.3%
80+ 9.3%

Best Schools In Centerville, Ohio

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Centerville with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Centerville.

Pros And Cons Of Living In Centerville, Ohio

How do you know that living in -- or moving to -- Centerville is right where you need to be? Perhaps you grew up in Centerville or already live nearby; therefore, the decision to buy a home in Centerville is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Centerville for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Centerville:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Centerville.

Reasons To Move To Centerville, Ohio, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Centerville can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Centerville, meanwhile, can field multiple offers from more qualified buyers.

Centerville, OH Bankruptcy Homes


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