The story of this market
The typical home in ZIP 52541 sells for about $155,000, or $115 per square foot.
Prices are down 5.5% from a year ago, which gives buyers more room to negotiate. Homes take about 87 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $850 a month.
ZIP 52541
Centerville is currently a buyer's market characterized by a high supply of homes relative to demand. Prices have seen a slight year-over-year decline, and homes are selling below the asking price, reflecting a cooling trend in the local real estate environment.
Median prices moved down 5.5% year over year.
Homes spend a median of 87 days on market with 4.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 94% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 14.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 52541, Appanoose County IA
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Iowa) — Iowa Property Tax Assessment Limitation: The taxable value is determined by applying an assessment limitation (rollback) to the assessed market value. The limitation is calculated annually to restrict the growth in aggregate taxable value for the residential class to 3% statewide.
Data sourced from data.census.gov and local market reports
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.