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Centreville

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

Median Home$59,562
Median Rent$861/month
Population3,911
Leading IndustriesInformation & Media · Finance & Insurance · Public Administration17% information & media
Home Value Growth+9.3% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners50% of occupied units
NotableTransit80/100 · excellent transit access
Centreville
IL

Frequently Asked Questions

What are today's mortgage rates in Centreville?

As of today, the 30-year fixed mortgage rate for Centreville is approximately 6.994% (7.003% 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 $60k. The median monthly rent is $861. Annual property taxes average $814. 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 9.3% over the past two years. This represents moderate growth. 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 $713/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $31k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Centreville is $43k/year.

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What industries drive the economy in Centreville?

The largest employment sectors in Centreville are public administration (28%) and information and media (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.