Centerville, Georgia Real Estate & Housing Market

Centerville, GA Listings

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Centerville Housing Information

Index	Centerville	Georgia	National
Median home price	$146,300	$152,400	$184,700
Median rent asked	$962	$897	$949
Avg. people per household	2.9	2.7	2.6
Owner occupied households	62.9%	62.8%	63.6%
Renter occupied households	37.1%	37.2%	36.4%

A general summary of the real estate market in Centerville, GA is listed above. Properties in Centerville, GA average a cost of $146,300, which is 4% lower than the median home price for real estate located in Georgia. This means that the region of Centerville, GA is, on average, more affordable when compared to the remainder of Georgia. Since tenants living in Centerville, GA will pay an average of $962, the median rental cost is 7% higher than in Georgia. 62.9% of people in Centerville, GA own their own homes, and an average of 2.9 people inhabit each property. Centerville, GA has many assorted real estate listings available. These range from urban townhouses to inexpensive condos to luxurious residences. We make finding homes for sale and browsing real estate listings effortless. Simply use the search function above, and obtain filtered results according to price, location, bathrooms and bedrooms.

Centerville Home Affordability

When starting your search for real estate in Centerville, GA, it is crucial to consider home affordability. When calculating home affordability, the ratio of home price to median household income is one of the methods that is applicable in doing so. On average, a home in Centerville, GA costs $146,300 while each household has an average income of $55,625. Consequently, the ratio of home price to household income is 2.6x; this ratio is 12% lower than the average in Georgia. Calculating the home affordability ratio involves dividing the average price of a home by the average income of homes in Centerville, GA. When the ratio of home price to income is relatively low, the implication is that homes are more affordable on the basis of the home price in comparison with the home income. Note that besides home price to median household income ratio, there are various other factors to put into consideration when determining if home affordability exists. Check the home affordability calculator shown below to calculate how much you can afford to pay for real estate in Centerville, GA.

Nearby cities with low home prices

City, State	Population	Home Price	National Avg.
Robins AFB, GA	1,337	$0	100%
Fort Valley, GA	8,975	$74,000	60%
Marshallville, GA	1,493	$82,700	55%
Warner Robins, GA	73,265	$111,600	40%
Macon-Bibb County, GA	153,925	$117,000	37%
Centerville, GA	7,576	$146,300	21%

Cities with similar population

City, State	Population	Home Price	National Avg.
Lake Dallas, TX	7,575	$150,800	18%
Ojai, CA	7,581	$626,800	239%
Ewa Villages, HI	7,568	$484,200	162%
Woodlake, CA	7,567	$121,300	34%
North Star, DE	7,567	$431,600	134%
Centerville, GA	7,576	$146,300	21%

Source: The Centerville, GA housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).