Centreville, MI housing market
The typical Centreville home is worth about $239,000, up 3.8% in a year, 10% below the Michigan typical home.
Home values, sales, trends and how Centreville compares with the towns next door — updated as new data is published.
Centreville at a glance
Only 1 sale in April 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Centreville | Michigan |
|---|---|---|
| 2017 | $130,000 | $144,000 |
| 2018 | $140,000 | $155,000 |
| 2019 | $148,000 | $165,000 |
| 2020 | $159,000 | $175,000 |
| 2021 | $176,000 | $194,000 |
| 2022 | $193,000 | $217,000 |
| 2023 | $202,000 | $230,000 |
| 2024 | $212,000 | $241,000 |
| 2025 | $224,000 | $253,000 |
| 2026 | $234,000 | $262,000 |
| August 2026 | $239,000 | $266,000 |
41 new homes permitted in 2025
Builders were permitted 41 new homes in Centreville in 2025: 1 single-family house and 40 in buildings with two or more homes, worth about $6.6 million to build. That's 26 per 1,000 residents, faster than across Michigan (2.3). Over the past 10 years, Centreville has permitted 83 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Centreville's population fell by 106 even though 6 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Michigan: 1.2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 36 | 1 | 35 | $5.8 million |
| 2025 | 41 | 1 | 40 | $6.6 million |
| 2024 | 31 | 1 | 30 | $5.1 million |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 2 | 2 | 0 | $370,000 |
| 2021 | 4 | 4 | 0 | $1.3 million |
| 2020 | 0 | 0 | 0 | — |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 2 | 2 | 0 | $765,000 |
| 2017 | 2 | 2 | 0 | $319,000 |
| 2016 | 1 | 1 | 0 | $200,000 |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 1 | 1 | 0 | $180,000 |
| 2009 | 1 | 1 | 0 | $180,000 |
| 2008 | 1 | 1 | 0 | $180,000 |
| 2007 | 0 | 0 | 0 | — |
| 2006 | 0 | 0 | 0 | — |
| 2005 | 1 | 1 | 0 | $255,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 1 | 1 | 0 | $235,000 |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 2 | 2 | 0 | $250,000 |
| 2000 | 2 | 2 | 0 | $250,000 |
Centreville's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
4 years of income
The typical Centreville home costs about 4 years of the town's median household income, more than across Michigan (3.7 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Centreville is $970 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Centreville pay a median of $850, so moving in tends to cost more than staying put. A two-bedroom takes about 20% of the town's median household income.
Studio $690 · 4 bedrooms $1,410
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (49032; St. Joseph County, MI), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, April 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.