Market Overview
Home Prices in Centre, AL
The median home value in Centre, AL is $231,448 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 0.5% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Centre are priced44% below average.
Over the past five years, Centre home values have risen by approximately20.7%, reflecting strong long-term appreciation in this market.
Price History
Centre Home Price Trend
2020
$166,509
$167K
—
2021
$191,741
$192K
+15.2%
2022
$219,985
$220K
+14.7%
2023
$214,308
$214K
-2.6%
2024
$221,349
$221K
+3.3%
2025
$230,205
$230K
+4.0%
2026
$231,448
$231K
+0.5%
City Comparison
Centre vs. National Median
🏠 Centre
$231,448
National Median
$410,000
At $231,448, homes in Centre cost 44% below the national median of $410,000. This makes Centre a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Centre?
20% Down Payment
$46,290
on $231,448
Monthly P&I
$1,207/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,533/mo
incl. taxes & insurance
Income Needed
$61,320
gross annual (30% rule)
10% Down Option
$23,145
+ PMI applies
Loan Amount (20% dn)
$185,158
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Centre, AL?
The median home value in Centre is $231,448 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 0.5% year-over-year.
How much have home prices changed in Centre?
Over the past year, home values in Centre have increased by 0.5%. Over five years, prices have risen approximately 20.7%.
How much do I need to earn to buy a home in Centre?
To comfortably afford the median home price of $231,448 with a 20% down payment ($46,290) at today's rates (6.8%), you'd need a gross annual income of approximately $61,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Centre compare to the national average home price?
The national median home value is approximately $410,000. At $231,448, homes in Centre are 44% below the national average.