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Featured local agent — Central City, KY
Sarah Mitchell
Compass Real Estate · Central City, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Central City, KY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$183,750median sale price
How is the Central City, KY housing market right now?
The median home sale price in Central City, KY is $183,750, down 19.2% year-over-year. Homes sell in an average of 226 days with 13 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 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?
Central City, KY is currently a buyer's market, based on 6.5 months of supply and homes selling in about 226 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
226
Average pace
Active listings
13
6.5 months supply
Sale-to-list
99.8%
Below asking
What does the Central City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $183,750 |
| Median list price | $149,900 |
| Year-over-year price change | -19.2% |
| Average days on market | 226 days |
| Active inventory | 13 listings |
| Months of supply | 6.5 months |
| Sale-to-list price ratio | 99.8% |
| Median price per sq ft | $133/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 3 |
| Listings with a price cut | 30.8% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Central City by property type?
How the Central City, KY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $183,750 | $133/sq ft | 2 | 226 days |
Source: Redfin · Updated monthly
The Central City housing market is currently classified as a buyer's market with a median sale price of $183,750. Prices have fallen 19.2% compared to last year, with homes spending an average of 226 days on market, indicating 6.5 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 2.4x provides context for how home values compare to local earning capacity.
Homes for sale in Central City
There are currently 13 homes listed for sale in Central City, Kentucky. The median listing price is $150K.
Active listings
13
Homes on market
Median list price
$150K
Avg. days on market
226
Days until sale
New this week
3
Newly listed
Who lives in Central City?
Population
5,736
Median income
$49,025/yr
Median age
36 years
Owner-occupied
66.1%
College grads
9.6%
Avg commute
20 min
Source: U.S. Census Bureau ACS
What are homes worth in Central City?
Zillow home value
$119,620
Price-to-income
2.4x
Source: Zillow Research
What is it like to live in Central City?
Central City is a community of approximately 6K residents with a median age of 36 years.The median household income is $49,025, which represents a working-class community with solid middle-income opportunities. 9.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 66.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 20 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 public schools serve Central City?
2 schools tracked · 406 students
The largest public schools serving Central City, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Central City Elementary
Grades PK-5 · 406 students
Green River Education Center
Grade range n/a
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Central City, KY?
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 $183,750, down 19.2% from last year.
How long do homes stay on market in Central City?
Homes typically spend 226 days on market before going under contract.
What is the median income in Central City?
The median household income is $49,025 per year.
Is Central City a buyer's or seller's market?
With 6.5 months of supply, Central City is currently a buyer's market.
What is the Zillow home value estimate for Central City?
The Zillow Home Value Index (ZHVI) for Central City is $119,620, 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, KY is $183,750 (about $133 per square foot).
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