View in Interactive Map
  1. Home
  2. /Browse ZIP Codes
  3. /Michigan
  4. /Centreville, MI - 49032

Centreville, MI—49032

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$245,000
4.5% YoY Growth
Household Income
$65,800
21.0% YoY Growth
Days on Market
42
15.0% Longer YoY
Home Price Forecast
0.6%
Median Rent
$795
0.0% YoY Growth
1-Bed Rent
$795
0.0% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Centreville, MI

As of May '26, the median home price in Centreville, MI is $245,000, with a year-over-year change of 4.5%. This indicates that home prices in Centreville, MI are increasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$245,0004.5%
Single Family $244,0004.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed

Browse ZIP Codes by State

All states and cities →
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • District of Columbia
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Puerto Rico
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    1.0%
    1 Bedroom
    4.7%
    2 Bedrooms
    29.9%
    3 Bedrooms
    42.8%
    4 Bedrooms
    12.9%
    5+ Bedrooms
    8.8%

    Rental Trends — Centreville, MI

    As of July '25, Rentcast reports the average rent in Centreville, MI is $795, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Centreville, MI is 1-bedrooms: $795. The most common rental property sizes in Centreville, MI are 2-bedroom and 3-bedroom, accounting for 41.5% and 27.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$795$795
    Studio Rent N/AN/A
    1 Bed Rent $795$795
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    21.2%
    2 Bedrooms
    41.5%
    3 Bedrooms
    27.5%
    4 Bedrooms
    1.6%
    5+ Bedrooms
    8.3%

    Property Listings — Centreville, MI

    As of May '26, Realtor.com reports that the median days on market for a home in Centreville, MI is 42. This is a increase of 15.0% 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.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$398,000103.0%
    Listing Count
    		4-33.0%
    Listings as % of Homes0.8%-33.0%
    Days on Market
    		4215.0%
    Loading chart...

    Demographics — Centreville, MI

    As of the latest ACS Survey released in 2023, Centreville, MI has a population of 3,370, which has increased by 3.4% over the past 5 years. Centreville, MI is a popular place for families, as children make up 28.9% of the population. The area has a poorly educated workforce, with 11.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		3,3703.4%
    % Under 18
    		28.9%14.7%
    % Seniors
    		15.8%-1.9%
    % WFH
    		3.1%-36.7%
    % w/ College Degree
    		11.3%-5.0%
    Loading chart...

    As of the latest ACS Survey released in 2023, Centreville, MI is a predominantly white area, with 95.0% of the population identifying as white. The white population has grown by 2.0% in the last 5 years. The second most common race or ethnicity in Centreville, MI is black, making up 2.2% of the population. Foreign-born residents account for 0.1% of the population in Centreville, MI, and this percentage has decreased by 90.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		95.0%2.0%
    % Black
    		2.2%-15.4%
    % Hispanic
    		0.9%-43.8%
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.1%-90.9%
    Loading chart...

    Mortgage and Risk — Centreville, MI

    According to HUD data as of 2023, there were 99 mortgage originations in Centreville, MI, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 61.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Centreville, MI. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		99
    % Conventional Loans
    		87.0%
    % Government Loans
    		13.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		5.0%
    % Cash Out Refinance
    		11.0%
    Loading chart...
    Loading chart...

    Rentals and Section 8 — Centreville, MI

    Centreville, MI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		1
    Total Units Section 8
    		1
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$85$795$710
    2 BedroomN/AN/A$930
    3 BedroomN/AN/A$1,280
    4 BedroomN/AN/A$1,380

    Affordability — Centreville, MI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.2
    Median Home Price$245,000
    Median Household Income$65,800

    Centreville, MI — ZIP Code Boundary Map

    Loading map...

    Nearby ZIP Codes

    Nottawa

    49075

    Mendon, MI

    49072

    Sturgis, MI

    49091

    Three Rivers, MI

    49093

    Constantine, MI

    49042

    Frequently Asked Questions