Market Overview
Home Prices in Centreville, MS
The median home value in Centreville, MS is $118,276 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 4.9% compared to a year ago and down 1.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Centreville are priced71% below average.
Over the past five years, Centreville home values have fallen by approximately8.6%, reflecting softening conditions in this market.
Price History
Centreville Home Price Trend
2021
$129,458
$129K
—
2022
$138,480
$138K
+7.0%
2023
$124,103
$124K
-10.4%
2024
$126,534
$127K
+2.0%
2025
$124,368
$124K
-1.7%
2026
$118,276
$118K
-4.9%
City Comparison
Centreville vs. National Median
🏠 Centreville
$118,276
National Median
$410,000
At $118,276, homes in Centreville cost 71% below the national median of $410,000. This makes Centreville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Centreville?
20% Down Payment
$23,655
on $118,276
Monthly P&I
$617/mo
30-yr @ 6.8%
Total Monthly Est.
~$784/mo
incl. taxes & insurance
Income Needed
$31,360
gross annual (30% rule)
10% Down Option
$11,828
+ PMI applies
Loan Amount (20% dn)
$94,621
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 Centreville, MS?
The median home value in Centreville is $118,276 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 4.9% year-over-year.
How much have home prices changed in Centreville?
Over the past year, home values in Centreville have decreased by 4.9%. Over five years, prices have fallen approximately 8.6%.
How much do I need to earn to buy a home in Centreville?
To comfortably afford the median home price of $118,276 with a 20% down payment ($23,655) at today's rates (6.8%), you'd need a gross annual income of approximately $31,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Centreville compare to the national average home price?
The national median home value is approximately $410,000. At $118,276, homes in Centreville are 71% below the national average.