Centreville, MS


Highest Appreciating Centreville Neighborhoods Since 2000

Centreville, MS Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Centreville Housing Market Information

With a population of 1,560, 664 total housing units (homes and apartments), and a median house value of $69,087, house prices in Centreville are some of the most affordable in Mississippi as well as the nation.

Single-family detached homes are the single most common housing type in Centreville, accounting for 69.10% of the town's housing units. Other types of housing that are prevalent in Centreville include mobile homes or trailers ( 15.78%), duplexes, homes converted to apartments or other small apartment buildings ( 10.34%), and a few large apartment complexes or high rise apartments ( 4.77%).

The most prevalent building size and type in Centreville are three and four bedroom dwellings, chiefly found in single-family detached homes. The town has a mixture of owners and renters, with 61.03% owning and 38.97% renting.

There is a lot of housing in Centreville built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Centreville built between 1940-1969 ( 25.33%). A lesser amount of the housing stock also hails from before 1939 ( 19.63%). There's also some housing in Centreville built between 2000 and later ( 2.79%).

Vacant housing appears to be an issue in Centreville. Fully 11.94% of the housing stock is classified as vacant. Left unchecked, vacant Centreville homes and apartments can be a drag on the real estate market, holding Centreville real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Centreville Home Appreciation Rates

In the last 10 years, Centreville has experienced some of the highest home appreciation rates of any community in the nation. Centreville real estate appreciated 14.92% over the last ten years, which is an average annual home appreciation rate of 1.40%, putting Centreville in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Centreville definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Centreville's appreciation rate, at 3.69%, has been at or slightly above the national average. In the latest quarter, Centreville's appreciation rate has been 0.54%, which annualizes to a rate of 2.17%.

Relative to Mississippi, our data show that Centreville's latest annual appreciation rate is higher than 60% of the other cities and towns in Mississippi.

Average Home Values


Median Home Value:

Centreville, MS HOME PRICES

Value Range
> $1,091,000 0.9
$818,001 - $1,091,000 0.0
$545,001 - $818,000 0.6
$436,001 - $545,000 2.1
$327,001 - $436,000 1.2
$218,001 - $327,000 3.8
$109,001 - $218,000 21.7
$55,001 - $109,000 33.5
$0 - $55,000 36.4

Very Low for MS
Very Low for Nation

Value Relative to Nation Value Relative to State
95.6345951013711 85.7142857142857

Number Of Homes And Apartments:

Centreville Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
52.70% 2.48% 9 6
* 10 is highest

Rent & Ownership


Average Market Rent:
$607 / per month

Homeownership Rate

Owners 61.03
Renters 38.97
Vacant 11.94

Housing Market Details


Age of Homes

AGE OF Centreville HOMES
2000 or Newer 2.8
1970 - 1999 52.3
1940 - 1969 25.3
1939 or Older 19.6

Types of Homes

TYPE OF Centreville HOMES
Single-Family 69.1
Townhomes 0.0
Small Apt. Buildings 10.3
Apt. Complexes 4.8
Mobile Homes 15.8
Other 0.0

Home Size

SIZE OF Centreville HOMES
No Bedroom 0.80
1 Bedroom 5.57
2 Bedrooms 27.32
3 Bedrooms 46.29
4 Bedrooms 17.90
5 or more bedrooms 2.12

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Zip Codes in Centreville, MS