Centerville Homes for Sale

Welcome to Centerville & Washington Township, Ohio

Located just south of Dayton, Centerville and Washington Township are among the most desirable suburban communities in Montgomery County, Ohio. Residents enjoy excellent schools, strong neighborhood character, and convenient access to shopping, dining, and major highways (I-675, I-75, and SR 48). The Centerville City School District and neighboring Kettering & Wright State service areas are often cited among the best in the region, making this area especially attractive for families and professionals seeking quality public education and community amenities.

Neighborhoods range from established, tree-lined subdivisions to newer developments and luxury enclaves. In Washington Township you’ll find upscale communities such as Cypress Ridge, Estates of Paragon, and Country Brook, often with larger lots, custom homes, and proximity to golf courses. Closer into Centerville are more mature subdivisions with walkable streets, brick homes, and family-friendly layouts.

Community Life & Upcoming Events in Centerville / Washington Twp

One of the benefits of living here is the active community calendar. Over the next 30 days, residents can look forward to a variety of family-friendly and buyer-relevant events — perfect chances to explore neighborhoods, meet neighbors, and get a feel for the area.

  • Centerville Fall Fest — Saturday, October 4, noon to 5 pm at Stubbs Park (255 W. Spring Valley Pike). This free, family festival includes hayrides, inflatables, face painting, games, a petting zoo, a vendor village, local food trucks, and a pumpkin patch (free pumpkins while supplies last).
  • Centerville Sunday Series indoor concert — Sunday, October 19: “Motown Sounds of Touch” performance at the Sinclair Centerville Auditorium. Doors open at 6 pm, show at 7 pm.
  • Centerville-Washington Park District events — ongoing through October: weekly Trail Trekking / Nordic Walking meetups (Tuesdays & Fridays), hike programs, naturalist walks, and a preschool “Halloween Stroll.”
  • Heart of Centerville & Washington Twp. “Fall Fest” & Vendor Village — merchant-hosted vendor market, food trucks, and entertainment in early October.

Also, keep an eye out for upcoming “Friday Coffee Meetings” hosted by business groups, local restaurant openings, and seasonal pop-ups by merchants. These smaller community events provide great chances for buyers or newcomers to connect with neighbors and local businesses.

Real Estate Market Update: Centerville & Washington Township

Here’s a snapshot of where home values, inventory, and buyer competition stand today in Centerville, Washington Township, and the 45458 zip code area — particularly useful if you’re considering buying or selling in “Centerville Washington Township Ohio homes for sale.”

Home Values & Price Trends

According to Zillow, the average home value in Centerville is currently around $380,539, reflecting an approximate 3.2 % increase year over year.

Rocket’s market report puts the median sold price in Centerville (May 2025) at about $310,333, which was up ~5.5 % from the prior year.

Realtor.com reports a median listing price in Centerville in May 2025 of roughly $352,400—a steep 17.5 % jump from prior year listing prices.

Focusing more narrowly on the 45458 zip code, Redfin lists the average 45458 home price at about $443,000, up ~3.4 % over the past year.

Movoto notes that the median list price in Centerville as of May 2025 is ~$422,500, slightly above 2024 figures.

All told, the data supports a modest upward trend in home values, with some segments (newer listings, higher end homes) seeing stronger growth.

Supply, Buyer Competition & Market Conditions

Inventory across the broader Miami Valley region remains tight. According to Dayton Realtors, the active MLS inventory stood at ~2,482 single-family and condo listings, representing roughly a 1.8 months’ supply — firmly in “seller’s market” territory.

Locally in Centerville/Washington Twp, anecdotal evidence and local real estate reports suggest that homes are selling reasonably quickly, with multiple offers common in desirable neighborhoods. A March 2025 market review for Centerville & Washington Twp showed average days on market of ~66 days, with strong buyer interest.

While some homes still sell slightly under list, well-priced and well-positioned homes are drawing strong attention.

Mortgage Rates & Buyer Considerations

Mortgage rates have been volatile in 2025. Many buyers are seeing 30-year fixed rates in the 6 %–7 % range (or higher depending on credit and mortgage product). While that rate environment reduces affordability somewhat, many buyers are still motivated. Sellers should be mindful that buyer budgets are more constrained than in ultra-low rate years, so pricing, staging, and marketing are even more critical.

Given the tight supply and steady demand, buyers need to be prepared with pre-approval, swift decision making, and sometimes offering over list. But the trajectory suggests continued growth in values, making 2025 a sound time to invest in “Centerville Washington Township Ohio homes for sale” if you can find the right property.

Summary & Recommendations

Centerville and Washington Township remain among the more stable, high-desirability suburbs in the Dayton metro area. With strong schools, engaged community life, and consistently appreciating home values, this region continues to attract both families and investors.

For buyers: be ready to move quickly, align expectations with interest-rate realities, and focus on quality homes in strong locations. For sellers: pricing strategically, investing in curb appeal, and leveraging local events to promote your listing can help you capture attention in a competitive market.

Explore listings directly via this link to see what’s currently available:
Centerville Washington Township Ohio Homes for Sale

Centerville Homes Searches

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Contact Kelly Nation, Remax Realtor for help buying or selling a home or condo in the Centerville Washington Twp area.