Centerra, Waveland, MS
Centerra — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Centerra, Waveland, Mississippi. Explore the cited sources and local facts below while agent underwriting continues.
Last verified:
Centerra Neighborhood Overview
Neighborhood Overview
Centerra is a distinguished, master-planned community located in the heart of Waveland, Mississippi, representing a harmonious blend of modern suburban living and coastal charm. Strategically positioned with convenient access to both the scenic beauty of the Mississippi Gulf Coast and the economic corridors of Highway 90 and I-10, Centerra offers residents a premium lifestyle that balances tranquility with connectivity. The neighborhood is characterized by its thoughtfully designed layout, featuring tree-lined streets, communal green spaces, and a cohesive architectural aesthetic that promotes a strong sense of place and community.
Developed primarily in the late 1990s and early 2000s, Centerra was conceived as a response to the growing demand for high-quality, family-oriented housing in Hancock County following the region's economic revitalization. Its construction adhered to stringent building codes and planning standards, a factor that contributed to its resilience and enduring appeal. The community's history is intertwined with Waveland's broader narrative of recovery and growth, standing as a testament to sustainable development in a coastal environment.
Housing & Real Estate
The housing stock in Centerra predominantly consists of single-family detached homes, showcasing a variety of architectural styles including traditional Southern, Lowcountry, and modern Craftsman designs. Properties typically range from 1,800 to 3,200 square feet, situated on well-maintained lots that emphasize both privacy and community integration. The median home value of $243,700 reflects a market of substantial, quality-built homes that often feature upgrades such as open floor plans, gourmet kitchens, and screened porches designed for coastal living.
Ownership is the dominant model in Centerra, with a homeowner rate exceeding 85%, fostering a stable and invested resident base. The rental market is limited, primarily consisting of a small number of single-family investment properties. Recent trends indicate a steady appreciation in home values, driven by the neighborhood's desirability, limited inventory, and the overall strength of the Gulf Coast housing market. New construction is rare, making resales of existing, well-maintained properties highly sought after.
Lifestyle & Amenities
Centerra offers a lifestyle centered on convenience, recreation, and community engagement. While primarily a residential enclave, it is minutes away from Waveland's and Bay St. Louis's vibrant amenities. Residents enjoy easy access to a diverse array of waterfront restaurants, boutique shops, and entertainment venues along the historic downtown areas. The neighborhood itself often features community pools, playgrounds, and walking trails, encouraging an active, outdoor lifestyle.
Proximity to Buccaneer State Park and the Waveland Beach provides unparalleled opportunities for boating, fishing, and coastal leisure. The area is known for its walkable and bike-friendly pathways within the community, though daily errands typically require a short drive. Public transit options are limited, aligning with the car-dependent nature of the region, but major retail hubs, healthcare facilities, and grocery stores are all within a convenient 10-15 minute drive, striking an ideal balance between secluded living and urban accessibility.
Schools & Education
Centerra is served by the highly regarded Bay-Waveland School District, known for its strong academic performance and community support. Students typically attend North Bay Elementary School, Bay-Waveland Middle School, and Bay High School, all of which consistently receive positive ratings for teacher quality, extracurricular programs, and college preparedness. The district's commitment to excellence is a significant draw for families considering relocation to the area.
In addition to the public school system, families have access to several respected private educational options in the surrounding region, including St. Stanislaus College and Our Lady Academy. Proximity to higher education institutions like the University of Southern Mississippi's Gulf Park Campus in nearby Long Beach further enhances the area's educational landscape. This robust mix of schooling options underscores the neighborhood's appeal to education-focused homeowners.
Community & Demographics
Centerra is characterized by a stable, predominantly family-oriented and professional demographic. With a median household income of $73,316—significantly above the state and county averages—the community reflects a population with substantial purchasing power and economic stability. The age distribution is balanced, with a strong concentration of married couples and families with school-aged children, alongside established empty-nesters attracted to the low-maintenance, high-quality lifestyle.
The community character is one of quiet affluence and civic engagement. Neighborhood associations often play an active role in maintaining common areas and organizing social events, fostering strong neighborly bonds. The demographic makeup is relatively homogeneous, but the area is seeing gradual diversification as the broader Gulf Coast region attracts new residents. This blend creates a welcoming, secure, and community-focused environment where residents take pride in their homes and neighborhood.
Real Estate Market Insights
Centerra represents a compelling segment of the Waveland real estate market, characterized by consistent demand and resilient property values. Its investment potential is strong due to the neighborhood's established reputation, high owner-occupancy rate, and limited turnover, which creates a competitive environment for buyers. Properties in Centerra are considered "move-in ready" staples that hold their value well, even during broader market fluctuations, making them a lower-risk investment for both homeowners and portfolio investors.
Current market trends show a low inventory-to-demand ratio, leading to a favorable seller's market with homes often receiving multiple offers and selling close to or above asking price within a shortened marketing period. For real estate professionals, Centerra matters as a benchmark community; its median home value and household income metrics are key indicators of the upper-tier market health in Hancock County. Understanding the nuances of this neighborhood—from its covenant restrictions to its school district appeal—is essential for accurately pricing properties and advising clients seeking long-term value in a coastal Mississippi setting.
Centerra Market Data
| Metric | Value |
|---|---|
| Median Home Price | $244K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $73K |
| Homeownership Rate | 77.2% |
| Renter-Occupied | 22.8% |
| Rental Vacancy Rate | 5.7% |
| Market Type | Balanced |
| Primary ZIP Code | 70818 |
Top Real Estate Agents in Centerra, Waveland
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Centerra, Waveland, MS. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Mississippi Real Estate Commission (MREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-14