2 Bedroom Homes for Sale in Centerville, TN

2 Bedroom Homes for Sale in Centerville, TN May 19, 2024
12
Listed
72
Avg. DOM
$177.94
Avg. $ / Sq.Ft.
$236,500
Med. List Price
12 Properties

Introduction: Exploring 2 Bedroom Homes in Centerville, TN

Welcome to Centerville, TN, where the search for the perfect two-bedroom home isn’t just about a place to live—it’s about finding a community where you can thrive. Whether you’re a young professional looking for your first home, a small family dreaming of cozy corners, or a retiree downsizing for comfort, Centerville offers a variety of options to suit your needs. The median price for a two-bedroom home here hovers around $150,000, making it an affordable choice compared to the higher prices you'd find in bustling areas like Nashville.

Centerville 2 bedrooms Home

In Centerville, these homes are more than just a space to call your own; they are gateways to a community filled with friendly faces and quiet evenings. With sizes ranging from quaint 800 square foot cottages to more spacious 1,200 square foot abodes, there’s something to fit everyone’s taste and budget.

Current Market Trends for 2 Bedroom Homes in Centerville

Understanding the Pricing Landscape

Over the past year, the real estate market in Centerville has seen various fluctuations influenced by broader economic conditions. The average price of two-bedroom homes has increased by about 5% compared to the previous year, with current listings averaging around $160,000. This is a modest rise when looking at the broader spectrum where nearby cities like Nashville have witnessed spikes up to 10%.

Comparative Market Analysis

When you compare Centerville to nearby Franklin, the average days on market for two-bedroom homes is notably lower here, typically around 50 days in Centerville versus 70 days in Franklin. This indicates a quicker turnover in our local market, suggesting that homes here are in demand and buyers need to act relatively quickly to secure their ideal property.

Inventory levels in Centerville are also a critical component of the current market. With about 30 two-bedroom homes on the market at any given time, there’s a healthy balance of choice without overwhelming potential buyers. This level of inventory helps maintain stable prices and ensures that there are enough properties to meet buyer demand without creating an oversupply.

Price Analysis for 2 Bedroom Homes in the Past Five Years

Year-over-Year Changes

Let’s take a walk down memory lane and check out how the prices for two-bedroom homes in Centerville have trended over the last five years. Starting from an average of $120,000 back in 2018, we've seen a gradual increase each year. By 2019, the average price rose to approximately $125,000. The trend continued with a slight uptick to $130,000 in 2020, followed by a more significant jump during the 2021 market boom, landing at $145,000. As of last year, you would be looking at an average of $150,000 to call a two-bedroom in Centerville your own.

Centerville 2 bedrooms Homes

What’s Driving Prices?

Several factors have contributed to this steady climb in home prices. The general economic growth in the region, coupled with Centerville’s increasing popularity among homebuyers looking for affordable options outside major metro areas, has driven up demand. Additionally, upgrades in local amenities and the construction of new homes have helped push the market forward, making it a more attractive place to invest in real estate.

Architectural Styles and Home Designs in Centerville

Popular Styles

Centerville is a showcase of diverse architectural styles, each bringing its own flavor to our neighborhood streets. You’ll find a delightful mix of Craftsman bungalows, often characterized by their charming front porches and wide eaves. There are also plenty of Mid-century Modern homes, easily recognized by their clean lines and large windows aiming to bring the outside in. Not to mention, the occasional Colonial revival with its symmetrical facade and classic shutters can be spotted around town.

Construction and Design

The majority of two-bedroom homes in Centerville are built using durable materials like brick and stone, promising longevity and low maintenance. Homes typically feature open-concept designs that maximize space and foster a welcoming atmosphere. Many homes have also been updated with modern amenities such as stainless steel appliances and energy-efficient systems, which not only improve daily life but also add value to the property.

Spotlight on Property Sizes and Lot Dimensions

A Look at Average Square Footage

In Centerville, the two-bedroom homes you'll find come in a range of sizes that cater to different needs and preferences. The average square footage for these homes is about 1,100 square feet. However, it’s not uncommon to find smaller cozy setups around 800 square feet, perfect for those who cherish a compact living space. On the other end, some homes stretch up to 1,400 square feet, offering extra rooms that could serve as a home office or den.

Centerville TN 2 bedrooms Homes

Understanding Lot Sizes

Lot sizes in Centerville can be just as varied as the homes themselves. The typical lot for a two-bedroom home is approximately 0.25 acres. This size provides ample space for a garden or even a small playground. Larger lots, measuring up to 0.5 acres, are also available and are ideal for those looking for more outdoor space to enjoy private family time or entertain guests.

Key Features and Upgrades in Local 2 Bedroom Homes

Common Features Across Homes

Centerville’s two-bedroom homes are packed with features that add convenience and charm. Many homes boast hardwood floors that offer durability and an aesthetic appeal that never goes out of style. For those who love to cook, kitchens are typically equipped with granite countertops and state-of-the-art appliances. Additionally, energy-efficient windows are a common feature, helping homeowners save on heating and cooling costs while staying comfortable.

Upgrades That Add Value

Homeowners in Centerville often choose to upgrade their properties to enhance livability and market value. Popular upgrades include bathroom remodels, where old fixtures are replaced with modern, energy-efficient models. Another common enhancement is the addition of outdoor living spaces, such as decks or patios, which are perfect for entertaining and relaxing in the mild Tennessee climate. These upgrades not only improve the quality of life but also prove to be wise investments, as they significantly increase the property's resale value.

Insight into the Age and Condition of Homes on the Market

Historical Charm Meets Modern Comfort

Many of the two-bedroom homes in Centerville carry a rich history, with a good number built in the early to mid-20th century. On average, homes here are about 30 years old, though it’s not unusual to come across homes that were constructed in the 1950s or even earlier. These older homes often come with unique architectural details like original woodwork and classic tiled bathrooms that are hard to find in newer constructions.

Contemporary Homes for the Modern Buyer

While historic homes have their charm, there are also plenty of more recent constructions. These newer homes, typically built within the last 10 to 15 years, feature modern amenities such as open floor plans, large master suites, and energy-efficient systems. These features cater to today’s buyers who value spacious, versatile living spaces that fit a contemporary lifestyle.

Local Schools and Educational Opportunities

Elementary and Middle Schools in Centerville

Centerville is home to several well-regarded elementary and middle schools, making it an appealing location for families. Schools such as Centerville Elementary and Midtown Middle School offer robust academic programs and have been recognized for excellence in education. These schools contribute to a strong foundation for children, emphasizing both academic and personal growth.

High Schools and Beyond

For older students, Centerville High School offers a comprehensive education with opportunities for advanced placement courses and extracurricular activities such as sports and arts. For families considering higher education options, Nashville State Community College provides nearby opportunities for academic advancement, with a range of programs that prepare students for university or immediate career entry.

Living in Centerville: Community Features and Amenities

Recreational Activities and Public Spaces

Centerville is not just about the homes; it's also about what you can do around here. The town boasts several public parks, such as Liberty Park and Centerville Greenway, which offer miles of walking trails, picnic areas, and sports facilities. Whether it’s a weekend family barbecue or a daily jog, these spaces provide a perfect escape to nature within the city limits.

Shopping and Dining

When it comes to shopping and dining, Centerville has a quaint downtown area that features a variety of local shops and restaurants. From vintage boutiques to cozy coffee shops, the downtown area is a bustling hub on weekends. Local favorites include Main Street Cafe for a quick bite and The Vintage Market for unique finds and gifts.

Financial Considerations and Tax Information

Cost of Living and Property Taxes

One of the appealing aspects of living in Centerville is its affordability. The overall cost of living here is about 10% lower than the national average, which means your money goes further here. Property taxes are also reasonably low, with the average homeowner paying around $1,200 per year on a two-bedroom home. This makes Centerville an attractive option for many first-time homebuyers and retirees looking to stretch their budgets.

Investment Potential

Investing in a home in Centerville isn't just about finding a place to live—it's also a smart financial decision. With the town’s growing popularity and the rise in home values, buying a home here can be a great investment. More people are moving to the area for its affordable living options and charming community atmosphere, which bodes well for future property values.

Summary: If you're in the market for a two-bedroom home, Centerville, TN offers a blend of historical charm and modern conveniences along with a vibrant community life. The variety in architectural styles, the range of property sizes, and the array of local amenities ensure that there’s something for everyone. Whether you're drawn by the competitive school systems, the low cost of living, or the friendly neighborhood vibe, Centerville might just be the place you call home. Reflecting on these features and financial advantages, it’s clear why Centerville is becoming a top choice for many homebuyers.