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Sarah Mitchell

CNESRESABR

Compass Real Estate · Centerville, SD

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Centerville, SD(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Centerville, SD Housing Market & Real Estate

Balanced market-45.4% YoY

Housing market overview · Updated monthly ·

$107,000median sale price

How is the Centerville, SD housing market right now?

The median home sale price in Centerville, SD is $107,000, down 45.4% year-over-year. Homes sell in an average of 266 days with 4 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

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

Balanced market4.0 months of supply266 avg. days on market

Centerville, SD is currently a balanced market, based on 4.0 months of supply and homes selling in about 266 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

266

Average pace

Active listings

4

4.0 months supply

Sale-to-list

112.6%

Above asking

What does the Centerville housing market data show?

Current housing market statistics for Centerville, SD
MetricValue
Median sale price$107,000
Median list price$300,000
Year-over-year price change-45.4%
Average days on market266 days
Active inventory4 listings
Months of supply4.0 months
Sale-to-list price ratio112.6%
Median price per sq ft$98/sq ft
Homes sold (latest month)1
New listings (latest month)1
Market conditionBalanced market

Source: Redfin · Updated monthly

How much do homes cost in Centerville by property type?

How the Centerville, SD market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Centerville, SD
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$107,000$98/sq ft1266 days

Source: Redfin · Updated monthly

The Centerville housing market is currently classified as a balanced market with a median sale price of $107,000. Prices have fallen 45.4% compared to last year, with homes spending an average of 266 days on market, indicating 4.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 5.2x provides context for how home values compare to local earning capacity.

Homes for sale in Centerville

There are currently 4 homes listed for sale in Centerville, South Dakota. The median listing price is $300K. Featured listings range from $29,900 to $750,000.

land for sale at James Dr Centerville - $29,900
$29,900

James Dr

Centerville, SD

Land15,246 sqft lot
View photos & details
land for sale at James Dr Centerville - $29,900
$29,900

James Dr

Centerville, SD

Land14,871 sqft lot
View photos & details
land for sale at James Dr Centerville - $29,900
$29,900

James Dr

Centerville, SD

Land15,882 sqft lot
View photos & details
land for sale at James Dr Centerville - $34,900
$34,900

James Dr

Centerville, SD

Land22,586 sqft lot
View photos & details
land for sale at James Dr Centerville - $42,500
$42,500

James Dr

Centerville, SD

Land29,699 sqft lot
View photos & details
3 bedroom house for sale at 621 Montana St Centerville - $95,000
$95,000

621 Montana St

Centerville, SD

3 bd1 ba1,088 sqft$87/ft²
House7,000 sqft lot
View photos & details
land for sale at 30000 463rd Ave Centerville - $200,000
$200,000

30000 463rd Ave

Centerville, SD

Land5.06 acres
View photos & details
3 bedroom house for sale at 300 Iowa St Centerville - $319,000
$319,000

300 Iowa St

Centerville, SD

3 bd3 ba1,664 sqft$192/ft²
House5,624 sqft lot
View photos & details
3 bedroom townhouse for sale at 963 Thomas Dr Centerville - $384,999
$384,999

963 Thomas Dr

Centerville, SD

3 bd2 ba1,800 sqft$214/ft²
Townhouse6,151 sqft lot
View photos & details
3 bedroom townhouse for sale at 961 Thomas Dr Centerville - $384,999
$384,999

961 Thomas Dr

Centerville, SD

3 bd2 ba1,800 sqft$214/ft²
Townhouse6,151 sqft lot
View photos & details
4 bedroom house for sale at 29783 Frog Creek Rd Centerville - $579,900
$579,900

29783 Frog Creek Rd

Centerville, SD

4 bd4 ba3,076 sqft$189/ft²
House35.20 acres
View photos & details
land for sale at 463rd Ave Centerville - $750,000
$750,000

463rd Ave

Centerville, SD

Land20.00 acres
View photos & details

Looking to buy in Centerville?

Get connected with a local real estate expert — free, no obligation.

Active listings

4

Homes on market

Median list price

$300K

Avg. days on market

266

Days until sale

New this week

1

Newly listed

Sale-to-list:112.6%

Who lives in Centerville?

Population

876

Median income

$58,438/yr

Median age

44.8 years

Owner-occupied

75.7%

College grads

25.0%

Avg commute

26.7 min

Source: U.S. Census Bureau ACS

What are homes worth in Centerville?

Zillow home value

$303,118

Price-to-income

5.2x

Source: Zillow Research

What is it like to live in Centerville?

Centerville is a community of approximately 1K residents with a median age of 44.8 years.The median household income is $58,438, which represents a working-class community with solid middle-income opportunities. 25.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 75.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Centerville offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Centerville?

3 schools tracked · 280 students

The largest public schools serving Centerville, SD by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Centerville Elementary - 02

Grades PK-5 · 119 students

Charter

Centerville High School - 01

Grades 9-12 · 92 students

Charter

Centerville Middle School - 03

Grades 6-8 · 69 students

Charter

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Centerville, SD?

Want a head-to-head view? Compare Centerville side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Centerville?

The median home sale price in Centerville is $107,000, down 45.4% from last year.

How long do homes stay on market in Centerville?

Homes typically spend 266 days on market before going under contract.

What is the median income in Centerville?

The median household income is $58,438 per year.

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

With 4.0 months of supply, Centerville is currently a balanced market.

How many homes are for sale in Centerville?

There are currently 4 homes listed for sale in Centerville, SD.

What is the Zillow home value estimate for Centerville?

The Zillow Home Value Index (ZHVI) for Centerville is $303,118, representing the typical home value in the area.

How much does a single-family home cost in Centerville?

The median single-family home price in Centerville, SD is $107,000 (about $98 per square foot).

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