Centreville Real Estate
6 active listings · 23 sold in the past 12mo
$187,000
Median List Price
23
Sold (past 12mo)
62
Avg Days on Market
+4.3%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(6)
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For Sale
1/45
$485,000
22381 N Angling Road, Centreville, MI 49032
4 bd3 ba3,660 sqft1.86 ac
Single Family
For Sale
1/41
$397,900
340 W Railroad Street, Centreville, MI 49032
3 bd2 ba2,604 sqft1.14 ac
Single Family
For Sale
1/23
$189,000
23799 M 86, Centreville, MI 49032
3 bd2 ba1,288 sqft0.52 ac
Mfg Home
For Sale
1/26
$185,000
234 Birkhold Street, Centreville, MI 49032
3 bd2 ba1,352 sqft0.35 ac
Mfg Home
Under Contract
1/18
$179,900
325 W Burr Oak Street, Centreville, MI 49032
2 bd1 ba1,000 sqft0.20 ac
Single Family
Under Contract
1/22
$160,000
330 E Market Street, Centreville, MI 49032
3 bd1 ba1,150 sqft0.25 ac
Single Family
Recently Sold(23)
Frequently Asked Questions about Centreville
How many homes are for sale in Centreville?
Centreville currently has 6 homes listed for sale. The median asking price is $187,000.
How much do homes cost in Centreville?
The median sale price in Centreville is $187,000, based on 23 closed sales over the past 12 months.
How long do homes stay on the market in Centreville?
Homes in Centreville sell in an average of 62 days, based on 23 sales over the past 12 months.
What schools are in Centreville?
Multiple school districts may serve Centreville. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
What are market conditions like in Centreville?
Centreville is currently a balanced market, with 3.1 months of supply. That ratio comes from 6 active listings relative to 23 sales per year.
How much are property taxes in Centreville?
Property taxes in Centreville are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
Is housing demand growing in Centreville?
Based on Census Bureau ACS data, the Household Formation Gap in Centreville is +4.3%, indicating stable demographic housing demand. Household size moved from 2.81 to 2.7. HFG is a secondary market indicator reflecting household formation, not a primary market measure.