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Featured local agent — Center City, MN

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Center City, MN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Center City, MN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Center City, MN Housing Market & Real Estate

Strong seller's market

Housing market overview · Updated monthly ·

$400,000median sale price

How is the Center City, MN housing market right now?

The median home sale price in Center City, MN is $400,000. Homes sell in an average of 11 days with 2 active listings. The market is currently a strong seller'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 Center City a buyer's or seller's market?

Strong seller's market0.7 months of supply11 avg. days on market

Center City, MN is currently a strong seller's market, based on 0.7 months of supply and homes selling in about 11 days. How we determine this →

Homes sold

3

Last 12 weeks

Days on market

11

Fast-moving

Active listings

2

0.7 months supply

Sale-to-list

105.6%

Above asking

What does the Center City housing market data show?

Current housing market statistics for Center City, MN
MetricValue
Median sale price$400,000
Average days on market11 days
Active inventory2 listings
Months of supply0.7 months
Sale-to-list price ratio105.6%
Median price per sq ft$211/sq ft
Homes sold (latest month)3
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Center City by property type?

How the Center City, MN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Center City, MN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$365,000$370/sq ft29 days
Townhouse$400,000$211/sq ft124 days

Source: Redfin · Updated monthly

The Center City housing market is currently classified as a strong seller's market with a median sale price of $400,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 11 days on market, indicating 0.7 months of inventory.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 4.4x provides context for how home values compare to local earning capacity.

Homes for sale in Center City

There are currently 2 homes listed for sale in Center City, Minnesota.

Active listings

2

Homes on market

Avg. days on market

11

Days until sale

Sale-to-list:105.6%

Who lives in Center City?

Population

668

Median income

$94,712/yr

Median age

50.8 years

Owner-occupied

87.0%

College grads

26.6%

Avg commute

29.2 min

Source: U.S. Census Bureau ACS

What are homes worth in Center City?

Zillow home value

$414,205

Price-to-income

4.4x

Source: Zillow Research

What is it like to live in Center City?

Center City is a community of approximately 1K residents with a median age of 50.8 years.The median household income is $94,712, which reflects a relatively affluent area with strong earning potential. 26.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 87.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.2 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Center City offers a balanced lifestyle with accessible home values relative to local income levels.

Which cities are near Center City, MN?

Want a head-to-head view? Compare Center 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 Center City?

The median home sale price in Center City is $400,000, down 0.0% from last year.

How long do homes stay on market in Center City?

Homes typically spend 11 days on market before going under contract.

What is the median income in Center City?

The median household income is $94,712 per year.

Is Center City a buyer's or seller's market?

With 0.7 months of supply, Center City is currently a strong seller's market.

What is the Zillow home value estimate for Center City?

The Zillow Home Value Index (ZHVI) for Center City is $414,205, representing the typical home value in the area.

How much does a single-family home cost in Center City?

The median single-family home price in Center City, MN is $365,000 (about $370 per square foot).

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