Centreville currently leans toward sellers, with the market gauge indicating a seller’s market. Inventory is still relatively tight at about 1.5 months of supply, even after a notable year-over-year increase. Homes are typically valued around the high $500,000s, keeping prices elevated for many buyers.
A rolling three-month view through June 2026 shows that typical home values are down slightly compared with a year ago, while the median list price has fallen a bit more, signaling some softening on the pricing side. At the same time, buyers have more options than last year, as active listings are up modestly year over year and new listings have increased by a similar margin. Homes are taking longer to sell than a year ago, with the median days on market rising sharply from very low levels, yet most properties still go under contract in under a month.
Despite a cooler pace, competition has not disappeared. Just over half of recent sales closed above the list price, and the average sale-to-list ratio sits a touch above 101 percent, indicating that many sellers still receive strong offers. Closed sales are slightly lower than a year ago, but pending contracts have risen, suggesting steady demand. Whether you are navigating these conditions as a buyer or positioning your home as a seller, Agent Pronto can connect you with a Centreville agent who understands this evolving market.
