$1
220 S Marion St
Central City, IL
2 bd1 ba1,176 sqft$0/ft²
House
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Sarah Mitchell
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Compass Real Estate · Central City, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Central City, IL(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Central City, IL Housing Market & Real Estate
Leaning buyer's-46.0% YoY
Housing market overview · Updated monthly ·
$89,200median sale price
How is the Central City, IL housing market right now?
The median home sale price in Central City, IL is $89,200, down 46.0% year-over-year. Homes sell in an average of 78 days. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of March 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Central City a buyer's or seller's market?
Leaning buyer's78 avg. days on market
Central City, IL is currently a leaning buyer's and homes selling in about 78 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
78
Average pace
Active listings
—
Sale-to-list
100.0%
Above asking
What does the Central City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $89,200 |
| Year-over-year price change | -46.0% |
| Average days on market | 78 days |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $76/sq ft |
| Homes sold (latest month) | 2 |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Central City by property type?
How the Central City, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $89,200 | $76/sq ft | 2 | 78 days |
Source: Redfin · Updated monthly
The Central City housing market is currently classified as a leaning buyer's with a median sale price of $89,200. Prices have fallen 46.0% compared to last year, with homes spending an average of 78 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 1.5x provides context for how home values compare to local earning capacity.
Homes for sale in Central City
Explore homes currently listed for sale in Central City, Illinois across major real estate platforms.
$110,000
303 N Marion St
Central City, IL
3 bd2 ba
Mobile home
View photos & details
$365,400
223 N Broadway St Unit 215
Central City, IL
3 bd1 ba
Multi-family18,731 sqft lot
View photos & details
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Sale-to-list:100.0%
Who lives in Central City?
Population
1,123
Median income
$47,750/yr
Median age
38.5 years
Owner-occupied
72.4%
College grads
7.7%
Avg commute
14.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Central City?
Zillow home value
$71,346
Price-to-income
1.5x
Source: Zillow Research
What is it like to live in Central City?
Central City is a community of approximately 1K residents with a median age of 38.5 years.The median household income is $47,750, which represents a working-class community with solid middle-income opportunities. 7.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 72.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 14.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Central City offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Central City, IL?
Want a head-to-head view? Compare Central City side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Central City?
The median home sale price in Central City is $89,200, down 46.0% from last year.
How long do homes stay on market in Central City?
Homes typically spend 78 days on market before going under contract.
What is the median income in Central City?
The median household income is $47,750 per year.
How many homes are for sale in Central City?
There are currently 3 homes listed for sale in Central City, IL.
What is the Zillow home value estimate for Central City?
The Zillow Home Value Index (ZHVI) for Central City is $71,346, representing the typical home value in the area.
How much does a single-family home cost in Central City?
The median single-family home price in Central City, IL is $89,200 (about $76 per square foot).
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