Market Overview
Home Prices in Centerville, TX
The median home value in Centerville, TX is $296,648 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 6.3% compared to a year ago and up 1.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Centerville are priced28% below average.
Over the past five years, Centerville home values have risen by approximately3.9%, reflecting modest growth in this market.
Price History
Centerville Home Price Trend
2020
$263,744
$264K
—
2021
$285,626
$286K
+8.3%
2022
$347,677
$348K
+21.7%
2023
$327,965
$328K
-5.7%
2024
$313,171
$313K
-4.5%
2025
$316,626
$317K
+1.1%
2026
$296,648
$297K
-6.3%
City Comparison
Centerville vs. National Median
🏠 Centerville
$296,648
National Median
$410,000
At $296,648, homes in Centerville cost 28% below the national median of $410,000. This makes Centerville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Centerville?
20% Down Payment
$59,330
on $296,648
Monthly P&I
$1,547/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,965/mo
incl. taxes & insurance
Income Needed
$78,600
gross annual (30% rule)
10% Down Option
$29,665
+ PMI applies
Loan Amount (20% dn)
$237,318
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 Centerville, TX?
The median home value in Centerville is $296,648 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 6.3% year-over-year.
How much have home prices changed in Centerville?
Over the past year, home values in Centerville have decreased by 6.3%. Over five years, prices have risen approximately 3.9%.
How much do I need to earn to buy a home in Centerville?
To comfortably afford the median home price of $296,648 with a 20% down payment ($59,330) at today's rates (6.8%), you'd need a gross annual income of approximately $78,600. This assumes keeping total housing costs at or below 30% of gross income.
How does Centerville compare to the national average home price?
The national median home value is approximately $410,000. At $296,648, homes in Centerville are 28% below the national average.