Is Centerville a buyer's or seller's market right now?

Centerville is currently a balanced market with 3.5 months of supply. Homes are selling at 95.5% of list price. The Ridley Sell Score for Centerville is 46/100 (Cooling), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Centerville?

The median home price in Centerville is $211,950. The median price per square foot is $147. Homes sell in a median of 83 days with a sale-to-list ratio of 95.5%.

How much does it cost to sell a home in Centerville, South Dakota?

On a $211,950 home in Centerville, a traditional listing agent charges around $6,359 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $16,956 or more. With Ridley Essentials ($999) you save $5,360, and with Ridley Pro ($3,499) you save $2,860 while getting full agent support.

How does Ridley's flat fee compare to a traditional Centerville agent?

A traditional Centerville listing agent typically charges 3% of the sale price — about $6,359 on a $211,950 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $5,360–$2,860 compared to a traditional agent.

How long does it take to sell a home in Centerville?

The median home in Centerville currently spends 83 days on the market before going under contract. At a 95.5% sale-to-list ratio, sellers are seeing some negotiation. Only 14.3% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in South Dakota?

No. South Dakota does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $211,950 home, that could save you up to $2,860.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in South Dakota. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $6,359 commission.

National/South Dakota

Centerville, SD

Is Now a Good Time to Sell in Centerville, South Dakota?

The median home in Centerville sells for $211,950. The average seller pays $6,359 in commissions — Ridley’s flat fee saves you $2,860.

Centerville Real Estate Market Conditions — March 2026

46out of 100

Ridley Sell Score

How it's scored →

Cooling

46/100

The market is shifting — strategic pricing and presentation matter more.

What this means for sellers

The Centerville market is cooling, and sellers need to be strategic. Buyers have more options and are negotiating harder. Invest in staging and professional photography to differentiate your listing. Flexibility on terms can make the difference in attracting serious buyers.

Inventory TightnessNeutral

3.5 months of supply — near the balanced threshold of 5 months. South Dakota average is 3.4.

Price MomentumNeutral

Prices flat 0% year-over-year — vs. +9.8% statewide.

Seller LeverageFavors buyers

Homes selling at 95.5% of asking — buyers are negotiating 4.5% below list. South Dakota average is 97.2%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the South Dakota average of 13.7%.

Sale SpeedFavors buyers

83 median days on market — 7 days faster than the South Dakota average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 13% statewide.

Price StabilityNeutral

Only 14.3% of listings have dropped their price — sellers are holding firm. South Dakota average is 12.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$211,950

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$147

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

95.5%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

3.5

Balanced

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Price Drops

Percentage of active listings that had a price reduction.

14.3%

Well-priced market

12-Month Price Trend

$75,000 → $211,950

▲182.6%

$400K$200K

AprJunAugOctDecFebMar

Data updated March 2026

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Centerville — delivered monthly.

Your savings

How much can you save selling your home in Centerville?

The average Centerville homeowner saves $2,860 by selling with Ridley instead of paying the traditional 3% listing commission on a $211,950 home.

$0Estimated savings

That could furnish your new living room — save 1.3% of your home value

Your Centerville home value

$211,950

$50,000$10M

Traditional Agent (3%)

$6,359

Ridley Pro (flat fee)

$3,499

Ready to sell in Centerville?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

How much does it cost to sell a house in Centerville?

The total cost to sell a house in Centerville in 2026 ranges from $999 with Ridley Essentials to approximately $6,359 with a traditional 3% commission on a $211,950 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$6,359	$3,499	$999	$0
Buyer agent	$5,9352.8% avg	$4,239~2% avg	$4,239~2% avg	$5,9352.8% avg
Closing costs (~1.5%)	$3,179	$3,179	$3,179	$3,179
Total cost	$15,473	$10,917	$8,417	$9,114
Net proceeds	$196,477	$201,033	$203,533	$202,836
You save	—	$2,860	$5,360	$6,359No support