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Market Analysis for Downtown Redevelopment <br />City of Centerville Economic Development Authority <br />April 3, 2023 <br />2.14Estimated Median Home Value, 2022 <br />$389,751$389,677 <br />$357,865 <br />$339,926 <br />$338,075 <br />$330,502 <br />5-Minute Drive10-Miute Drive15-Minute DriveCity of CentervilleDowntownMinneapolis-St. <br />TimeTimeTimeCenterville PMAPaul CBSA <br />Source: US Census Bureau; ESRI; LOCi Consulting LLC <br />2.15Household Rental Rates in the Downtown Centerville PMA, 2020 <br />29.6% <br />20.2% <br />19.9% <br />15.7% <br />9.2% <br />8.5% <br />5-Minute Drive10-Miute Drive15-Minute DriveCity of CentervilleDowntownMinneapolis-St. <br />TimeTimeTimeCenterville PMAPaul CBSA <br />Source: American Community Survey, U.S. Census; ESRI; LOCi Consulting LLC <br /> <br /> <br />Page | 32 <br /> <br />