$380,000
14459 Cool Oak Ln Unit 38C
Centreville, VA
3 bd3 ba1,302 sqft$292/ft²
Condo
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Compass Real Estate · Centreville, VA
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Centreville, VA(512) 555-0184TX License #0512847
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Centreville, VA Housing Market
Strong seller's market-1.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Centreville, VA is worth $618,763, fell 1.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $585,000, -7.1% year over year (through May 2026). With 1.5 months of supply and homes going under contract in about 29 days, Centreville is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $618,763 home is about $3,303/mo in principal and interest.
Key numbers for Centreville, VA
Typical home value
$618,763
-1.5% in 12 months
Zillow, August 2026
Typical asking rent
$2,407/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$585,000
-7.1% year over year
Redfin, through May 2026
Days on market
29
Average pace
Redfin, through May 2026
Active listings
113
1.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$143,704
Home costs 4.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.9%
Selling above asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Centreville a buyer's or seller's market?
Strong seller's market1.5 months of supply29 days on market100.9% of asking
Centreville, VA is a strong seller's market, based on 1.5 months of supply and homes selling in about 29 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Centreville housing market data show?
Every row below is Redfin's final published month for Centreville, VA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $585,000 |
| Median list price | $552,500 |
| Year-over-year price change | -7.1% |
| Median price per sq ft | $332/sq ft |
| Median days on market | 29 days |
| Active inventory | 113 listings |
| Months of supply | 1.5 months |
| Sale-to-list price ratio | 100.9% |
| Homes sold (that month) | 77 |
| New listings (that month) | 88 |
| Listings with a price cut | 26.6% |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Centreville is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Centreville is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Centreville home prices moved?
Over the last three years the median sale price in Centreville, VA rose 12.8%, from $518,550 to $585,000. The live Zillow value series has fell 1.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 26.6% of Centreville listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.5 months while the sale-to-list ratio slips below its current 100.9%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Centreville?
Priced off the typical home value of $618,763 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $123,753 | $495,010 | $3,303/mo |
| 5% | $30,938 | $587,825 | $3,923/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $3,303, that implies roughly $141,570 a year before you add taxes and insurance. The median household in Centreville earns $143,704, about $2,134 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 4.3x — above the historical 3x norm but in line with much of the country in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Centreville in the next 12 months?
Tell us your timeline. We send the Centreville market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Centreville?
Typical asking rent in Centreville, VA is $2,407/mo, against a typical home value of $618,763. That is a price-to-rent ratio of 21.4x, which means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Compared head to head, 20% down puts principal and interest at $3,303 a month — $897 more than renting before taxes and insurance, so the ownership case here rests on equity and appreciation rather than monthly cash flow.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Centreville?
Active listings in Centreville, VA went from 104 in May 2025 to 113 in May 2026, a +8.7% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 84 | 68 |
| July 2025 | 92 | 73 |
| August 2025 | 83 | 66 |
| September 2025 | 83 | 66 |
| October 2025 | 91 | 62 |
| November 2025 | 75 | 41 |
| December 2025 | 50 | 24 |
| January 2026 | 46 | 43 |
| February 2026 | 42 | 40 |
| March 2026 | 69 | 81 |
| April 2026 | 112 | 108 |
| May 2026 | 113 | 88 |
Redfin, through May 2026
How does Centreville compare to Virginia and the U.S.?
Centreville homes sell for $585,000 — 17% above the Virginia median of $499,300. Against the national median of $410,700, Centreville runs 42% higher. Year-over-year, Centreville moved -7.1% against Virginia's +3.9% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Centreville, VA | $585,000 | -7.1% | 29 days |
| Virginia statewide | $499,300 | +3.9% | 28 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Centreville
What buyers should watch
- Months of supply, currently 1.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 26.6%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $619 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $618,763 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Centreville listing goes under contract in 29 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.9% of asking. Price at the number you want and let competition do the rest.
- In the last published month Centreville added 88 new listings against 77 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved -1.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Centreville varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Centreville
There are currently 113 homes listed for sale in Centreville, Virginia. The median listing price is $553K. Featured listings range from $380,000 to $995,000.
$385,000
13511 Orchard Dr Unit 3511
Centreville, VA
2 bd2 ba1,031 sqft$373/ft²
Condo
View photos & details
$475,000
14445 Salisbury Plain Ct
Centreville, VA
2 bd3 ba1,102 sqft$431/ft²
Townhouse1,307 sqft lot
View photos & details
$475,000
14717 Lock Dr
Centreville, VA
4 bd2 ba1,773 sqft$268/ft²
House8,857 sqft lot
View photos & details
$499,900
14730 Basingstoke Loop
Centreville, VA
2 bd3 ba1,308 sqft$382/ft²
Townhouse1,348 sqft lot
View photos & details
$539,999
5851 Rock Forest Ct
Centreville, VA
3 bd3 ba1,840 sqft$293/ft²
Townhouse1,500 sqft lot
View photos & details
$549,900
14125 Honey Hill Ct
Centreville, VA
3 bd3 ba1,676 sqft$328/ft²
Townhouse1,600 sqft lot
View photos & details
$589,999
14320 Winding Woods Ct
Centreville, VA
4 bd4 ba2,472 sqft$239/ft²
Townhouse1,688 sqft lot
View photos & details
$615,000
14334 Stonewater Ct
Centreville, VA
3 bd3 ba2,337 sqft$263/ft²
Townhouse
View photos & details
$629,900
14300 Montverd Ct
Centreville, VA
4 bd4 ba2,156 sqft$292/ft²
Townhouse2,596 sqft lot
View photos & details
$835,000
5216 Jarrett Ct
Centreville, VA
4 bd3 ba2,632 sqft$317/ft²
House8,781 sqft lot
View photos & details
$995,000
15510 Meherrin Dr
Centreville, VA
5 bd4 ba3,534 sqft$282/ft²
House13,504 sqft lot
View photos & details
Looking to buy in Centreville?
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Active listings
113
Homes on market
Median list price
$553K
Avg. days on market
29
Days until sale
New this week
88
Newly listed
Price drops:26.6%of listings
Sale-to-list:100.9%
How much do homes cost in Centreville by property type?
How the Centreville, VA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $900,000 | $312/sq ft | 18 | 28 days |
| Condo / co-op | $359,950 | $332/sq ft | 8 | 39 days |
| Townhouse | $575,000 | $349/sq ft | 51 | 28 days |
Who lives in Centreville?
American Community Survey estimates for Centreville. U.S. Census ACS, 2023
Population
71,885
Households
24,907
Median income
$143,704/yr
Median age
37.5 years
Owner-occupied
73.7%
Median home value
$565,900
Median gross rent
$2,238/mo
Mean commute
28.7 min
73.7% of occupied homes in Centreville are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $565,900 against Zillow's $618,763 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $2,238/mo, below Zillow's $2,407/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Centreville?
13 schools tracked · 7,563 students
The largest public schools serving Centreville, VA 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.
Cardinal Ridge Elementary
Grades PK-5 · 877 students
Powell Elementary
Grades PK-6 · 876 students
Bull Run Elementary
Grades PK-6 · 796 students
Centreville Elementary
Grades PK-6 · 773 students
Stone Middle
Grades 7-8 · 708 students
Virginia Run Elementary
Grades PK-6 · 703 students
London Towne Elementary
Grades PK-6 · 685 students
Centre Ridge Elementary
Grades PK-6 · 658 students
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 Centreville, VA?
Ordered by distance from Centreville, not by size. Compare Centreville side by side with any of them.
Centreville housing market FAQ
Is Centreville a buyer's or seller's market?
Centreville, VA is currently a strong seller's market. That read comes from 1.5 months of supply, homes going under contract in about 29 days, and sellers getting 100.9% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Centreville?
The typical home in Centreville, VA is worth $618,763 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $585,000, about $332 per square foot.
Is Centreville cheaper than the rest of Virginia?
Centreville's median sale price of $585,000 is 17% higher than the Virginia statewide median of $499,300, and 42% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Centreville?
Homes in Centreville, VA spent a median of 29 days on market before going under contract, versus 28 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Centreville?
At the current 30-year fixed rate of 7.03%, 20% down on a $618,763 home is about $3,303 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $141,570 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $143,704.
Are home prices rising in Centreville?
The typical home value in Centreville, VA fell 1.5% over the last 12 months, from $628,297 to $618,763 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Centreville?
Centreville ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Centreville?
That depends on your timeline, not on a headline. What the data says today: Centreville, VA is a strong seller's market with 1.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 21.4x means renting tends to be the cheaper monthly option unless you stay long enough for appreciation to close the gap. Properties Incorporated publishes the data; it does not give financial advice.
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