The Centreville housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 58.3% in the past month alone. With 5.0 months of supply, Centreville's inventory levels remain relatively tight. Homes are taking about 6 days to sell, which is NaN days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Centreville market with the affordability index at 605.2. Based on current market indicators, home prices in Centreville are projected to decrease by approximately 10.1% over the next month.
Centreville, AL has a total population of 2,783 residents. The area is predominantly White (74.8%), African American residents comprise 17.4% of the community. The area shows moderate demographic diversity. The small population size creates an intimate community atmosphere in Centreville, AL.
Crime analysis for Centreville, AL shows 30 total incidents across all categories. The most prevalent crime type is Assault (56.7% of all incidents). This is followed by Property Crime at 26.7%. The crime rate in Centreville, AL is very low, with violent crimes being more common than property crimes. This suggests Centreville, AL is generally a safe area for residents and visitors.
Market predictions for Centreville, AL show a downward trend in home prices, with values decreasing by 4.8%. This suggests a gradual price adjustment in the market. The current median home price in Centreville, AL is approximately $231,043.11. The stable price trend suggests a balanced market in Centreville, AL, suitable for both buyers and sellers.
Investment hotspot data for Centreville, AL is currently unavailable.
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