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Centreville

Learn about the people, housing, costs and businesses in Centreville, Alabama

Median Home$150,340
Median Rent$750/month
Population2,781
Leading IndustriesManufacturing · Public Administration · Education2% manufacturing
Home Value Growth⬆⬆⬆+28.2% over 2 years
Young Adults27% of residentsnear the national average
Homeowners74% of occupied units
NotableAffordable Market$150k median home · lower cost than 74% of the country
Centreville
AL

Frequently Asked Questions

What are today's mortgage rates in Centreville?

As of today, the 30-year fixed mortgage rate for Centreville is approximately 6.915% (6.952% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Centreville?

The median home value in Centreville is $150k. The median monthly rent is $750. Annual property taxes average $360. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Centreville?

Home values in Centreville have increased 28.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Centreville?

Based on a typical all-in ownership cost of $526/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Centreville is $40k/year.

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What industries drive the economy in Centreville?

The largest employment sectors in Centreville are public administration (27%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.