The Centennial Lakes housing market is somewhat competitive. The median sale price of a home in Centennial Lakes was $296K last month, down 20.0% since last year. The median sale price per square foot in Centennial Lakes is $315, down 3.1% since last year.
What is the housing market like in Centennial Lakes today?
In November 2024, Centennial Lakes home prices were down 20.0% compared to last year, selling for a median price of $296K. On average, homes in Centennial Lakes sell after 18 days on the market compared to 40 days last year. There were 6 homes sold in November this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$296,375
-20.0% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
Centennial Lakes, MN
$296,375
-20.0%
United States
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How hot is the Centennial Lakes housing market?
Centennial Lakes is somewhat competitive. Homes sell in 22 days.
0
100
57
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 22 days.
Hot homes
can sell for about 2% above list price and go pending in around 9 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Centennial Lakes housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Centennial Lakes.
Flood Factor - Minor
6% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Centennial Lakes has a minor risk of flooding. 3 properties in Centennial Lakes are likely to be
severely affected
by flooding over the next 30 years. This represents 6% of all properties in Centennial Lakes. Flood risk is increasing faster than the national average.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Centennial Lakes has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Centennial Lakes is most at risk from severe storms. 125 properties in Centennial Lakes have some risk of being in a severe wind event within the next 30 years.
100% of properties are at minor
risk of heat over the next 30 years
Heat Factor
Centennial Lakes has a minor risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Centennial Lakes have a Minor Heat Factor®.
Centennial Lakes is expected to see a 100% increase in the number of days over 98ºF over the next 30 years. Centennial Lakes is expected to experience 7