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Homes with Seller Financing in Centerville, Utah
Centerville sits in a tight stretch of Davis County between the Wasatch Mountains and Farmington Bay, with Legacy Parkway and I-15 both running through town and a Frontrunner station that puts downtown Salt Lake about 25 minutes away. It's a small, established city — mostly built out, with a mix of 1960s-80s ramblers near Main Street and newer construction pushing up into the bench neighborhoods below the mountains. Because there's limited new inventory and prices have climbed well past what they were even five years ago, some sellers here are open to carrying part or all of the financing themselves, especially owners who hold their home free and clear or are moving into a smaller place and don't need the full payoff right away.
Seller financing shows up in Centerville mostly on older homes owned outright, occasional estate sales, and a handful of properties where the seller wants steady monthly income instead of a lump sum. It's not common — most transactions here still go through conventional or FHA lending through Davis County-friendly lenders — but when a seller-financed deal surfaces, it can help a buyer who's self-employed, has irregular income, or doesn't want to deal with current bank rates and underwriting timelines. Terms vary widely: down payment, interest rate, balloon date, and whether the seller wants a wraparound or a straight contract for deed are all negotiable and should be spelled out by an attorney before anyone signs. Browse the active listings below to see what's currently on the market in Centerville.
July 2026 · Centerville market
Live from the Utah MLS — what's actually happening in Centerville right now.
Median sale
$546,750
6 closed in July 2026
Median DOM
—
listing → contract
Sale-to-list
100.5%
of final list price
Unsold inventory
68
active + pending
1 matching · page 1 of 1
Active listings
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Common questions
About seller financing homes in Centerville.
How common is seller financing in Centerville? ▾
It's uncommon compared to conventional lending, since most homes in Centerville still sell through traditional mortgages. When it does appear, it's usually on a home the seller owns free and clear or an estate sale where the family wants ongoing income rather than a single payout.
Why would a Centerville seller agree to carry the loan themselves? ▾
Some sellers want monthly interest income instead of a lump sum sitting in a bank account, and others are trying to sell a home that might not qualify for standard financing as-is. A few simply want a faster close without appraisal or underwriting delays.
What down payment should I expect on a seller-financed home here? ▾
Down payments on seller-financed Centerville homes typically run higher than a conventional loan, often 15-30%, since the seller is taking on the risk a bank normally would. The exact number is negotiable and depends on the seller's own payoff needs and how much risk they're willing to carry.
Is there usually a balloon payment? ▾
Most seller-financed deals in this area include a balloon payment in 3-7 years, meaning the buyer needs to refinance into a conventional loan or pay off the balance by that date. Buyers should confirm they'll qualify for a refinance before agreeing to the balloon timeline.
Do I still need a home inspection and title work? ▾
Yes — skipping the bank doesn't mean skipping due diligence. A title company should still handle the closing and recording, and an independent inspection is just as important as it would be with a conventional purchase.
Can I use seller financing alongside a smaller conventional loan? ▾
Some Centerville sellers will agree to a split deal, carrying a second position behind a buyer's primary mortgage, though this is less common than a straight seller-carry arrangement. It depends on whether the seller has an existing mortgage that needs to be paid off or subordinated, which a real estate attorney should review case by case.