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Centreville, MI Real Estate


According to census data in the year 2000 there were 529 housing units in Centreville. This represents a 6.2% growth from 498 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 529 were located in what is classified as a rural area.

Homeownership rate in Centreville is about 72.2%. Centreville's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.66 people.

The majority of houses, apartments or condos in Centreville were built after 1952.

Statistics

Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom14.40%
Two Bedrooms25.10%
Three Bedrooms38.60%
Four Bedrooms14.70%
Five Bedrooms or more6%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.79
Median year structure was built1948
Median Value of occupied units$79,700
Median Price asked for vacant units$92,500

Rented Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1957
Median Monthly Rent asked for vacant units$382

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage10.40%
Home Equity Loan7.90%
Simple Mortgage55.20%
Debt Free26.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs18.7%