Market Overview
Home Prices in Centerburg, OH
The median home value in Centerburg, OH is $403,468 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.9% compared to a year ago and up 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Centerburg are priced2% below average. Centerburg is part of the Mount Vernon, OH metro area.
Over the past five years, Centerburg home values have risen by approximately35.6%, reflecting strong long-term appreciation in this market.
Price History
Centerburg Home Price Trend
City Comparison
Centerburg vs. National Median
At $403,468, homes in Centerburg cost 2% below the national median of $410,000. This makes Centerburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Centerburg?
20% Down Payment
$80,694
on $403,468
Monthly P&I
$2,104/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,672/mo
incl. taxes & insurance
Income Needed
$106,880
gross annual (30% rule)
10% Down Option
$40,347
+ PMI applies
Loan Amount (20% dn)
$322,774
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 Centerburg, OH?
The median home value in Centerburg is $403,468 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.9% year-over-year.
How much have home prices changed in Centerburg?
Over the past year, home values in Centerburg have increased by 4.9%. Over five years, prices have risen approximately 35.6%.
How much do I need to earn to buy a home in Centerburg?
To comfortably afford the median home price of $403,468 with a 20% down payment ($80,694) at today's rates (6.8%), you'd need a gross annual income of approximately $106,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Centerburg compare to the national average home price?
The national median home value is approximately $410,000. At $403,468, homes in Centerburg are 2% below the national average.
What metro area is Centerburg part of?
Centerburg is part of the Mount Vernon, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.