Centerville, IL—62036
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Centerville, IL
Centerville, IL lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | N/A | N/A |
| Single Family | N/A | N/A |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Centerville, IL
Centerville, IL lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,900 | $2,900 |
| 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 | $2,900 | $2,900 |
% of Rental Stock
Property Listings — Centerville, IL
As of Oct '25, Realtor.com reports that the median days on market for a home in Centerville, IL is 79. This is a increase of 6.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $289,000 | 21.0% |
Listing Count | 1 | -50.0% |
| Listings as % of Homes | N/A | -50.0% |
Days on Market | 79 | 6.0% |
Demographics — Centerville, IL
As of the latest ACS Survey released in 2023, Centerville, IL has a population of 531, which has decreased by -33.9% over the past 5 years. Centerville, IL is a less popular place for families, as children make up 14.5% of the population. The area has a poorly educated workforce, with 24.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 531 | -33.9% |
% Under 18 | 14.5% | -9.9% |
% Seniors | 40.3% | 30.0% |
% WFH | 9.6% | -10.3% |
% w/ College Degree | 24.9% | 45.6% |
As of the latest ACS Survey released in 2023, Centerville, IL is a predominantly white area, with 99.6% 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, IL is hispanic, making up 0.2% of the population. Foreign-born residents account for 0.6% of the population in Centerville, IL, and this percentage has decreased by 50.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 99.6% | -0.4% |
% Black | 0.0% | N/A |
% Hispanic | 0.2% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.6% | -50.0% |
Mortgage and Risk — Centerville, IL
According to HUD data as of 2023, there were 26 mortgage originations in Centerville, IL, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Centerville, IL. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 26 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 4.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Centerville, IL
Centerville, IL lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $880 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | N/A | N/A | $1,410 |
| 4 Bedroom | -$1,260 | $2,900 | $1,640 |
Affordability — Centerville, IL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | N/A |
| Median Home Price | N/A |
| Median Household Income | $104,000 |