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Featured local agent — Centertown, TN
Sarah Mitchell
Compass Real Estate · Centertown, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Centertown, TN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$280,000median sale price
How is the Centertown, TN housing market right now?
The median home sale price in Centertown, TN is $280,000. Homes sell in an average of 186 days with 4 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Centertown a buyer's or seller's market?
Centertown, TN is currently a balanced market, based on 2.0 months of supply and homes selling in about 186 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
186
Average pace
Active listings
4
2.0 months supply
Sale-to-list
99.0%
Below asking
What does the Centertown housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $280,000 |
| Median list price | $289,000 |
| Average days on market | 186 days |
| Active inventory | 4 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $156/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Centertown by property type?
How the Centertown, TN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $280,000 | $156/sq ft | 2 | 186 days |
Source: Redfin · Updated monthly
The Centertown housing market is currently classified as a balanced market with a median sale price of $280,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 186 days on market, indicating 2.0 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 4.1x provides context for how home values compare to local earning capacity.
Homes for sale in Centertown
There are currently 4 homes listed for sale in Centertown, Tennessee. The median listing price is $289K.
Active listings
4
Homes on market
Median list price
$289K
Avg. days on market
186
Days until sale
New this week
1
Newly listed
Who lives in Centertown?
Population
258
Median income
$54,271/yr
Median age
34.3 years
Owner-occupied
85.5%
College grads
18.4%
Avg commute
32.5 min
Source: U.S. Census Bureau ACS
What are homes worth in Centertown?
Zillow home value
$224,945
Price-to-income
4.1x
Source: Zillow Research
What is it like to live in Centertown?
Centertown is a community of approximately 0K residents with a median age of 34.3 years.The median household income is $54,271, which represents a working-class community with solid middle-income opportunities. 18.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 85.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 32.5 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Centertown offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Centertown, TN?
Want a head-to-head view? Compare Centertown side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Centertown?
The median home sale price in Centertown is $280,000, down 0.0% from last year.
How long do homes stay on market in Centertown?
Homes typically spend 186 days on market before going under contract.
What is the median income in Centertown?
The median household income is $54,271 per year.
Is Centertown a buyer's or seller's market?
With 2.0 months of supply, Centertown is currently a balanced market.
What is the Zillow home value estimate for Centertown?
The Zillow Home Value Index (ZHVI) for Centertown is $224,945, representing the typical home value in the area.
How much does a single-family home cost in Centertown?
The median single-family home price in Centertown, TN is $280,000 (about $156 per square foot).
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