Centerville, SD—57014
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Centerville, SD
As of Oct '25, the median home price in Centerville, SD is $275,000, with a year-over-year change of 5.1%. This indicates that home prices in Centerville, SD are increasing. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $275,000 | 5.1% |
| Single Family | $275,000 | 3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $158,000 | 4.6% |
3 Bed | $302,000 | 3.1% |
4 Bed | $334,000 | 4.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Centerville, SD
Centerville, SD lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Centerville, SD
As of Oct '25, Realtor.com reports that the median days on market for a home in Centerville, SD is 69. This is a increase of 14.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $250,000 | -4.0% |
Listing Count | 12 | 89.0% |
| Listings as % of Homes | 0.6% | 89.0% |
Days on Market | 69 | 14.0% |
Demographics — Centerville, SD
As of the latest ACS Survey released in 2023, Centerville, SD has a population of 1,710, which has increased by 21.5% over the past 5 years. Centerville, SD is a moderately popular place for families, as children make up 22.2% of the population. The area has a moderately educated workforce, with 30.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,710 | 21.5% |
% Under 18 | 22.2% | -12.6% |
% Seniors | 22.3% | 7.7% |
% WFH | 15.6% | 136.4% |
% w/ College Degree | 30.9% | 36.1% |
As of the latest ACS Survey released in 2023, Centerville, SD is a predominantly white area, with 94.6% of the population identifying as white. The white population has shrunk by 0.4% in the last 5 years. The second most common race or ethnicity in Centerville, SD is hispanic, making up 0.2% of the population. Foreign-born residents account for 0.5% of the population in Centerville, SD, and this percentage has increased by 25.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 94.6% | -0.4% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.2% | -94.3% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.5% | 25.0% |
Mortgage and Risk — Centerville, SD
Centerville, SD lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Centerville, SD
Centerville, SD lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 12 |
Total Units Section 8 | 12 |
% Rentals under Section 8 | 12.5% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $940 |
| 3 Bedroom | N/A | N/A | $1,280 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Centerville, SD
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $275,000 |
| Median Household Income | $77,400 |