$135,000
1425 Ormsby Rd
Central City, NE
0 ba
Land5.99 acres
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Sarah Mitchell
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Compass Real Estate · Central City, NE
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Central City, NE(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
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Central City, NE Housing Market & Real Estate
Strong seller's market+110.0% YoY
Housing market overview · Updated monthly ·
$231,000median sale price
How is the Central City, NE housing market right now?
The median home sale price in Central City, NE is $231,000, up 110.0% year-over-year. Homes sell in an average of 7 days with 4 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 Central City a buyer's or seller's market?
Strong seller's market1.0 months of supply7 avg. days on market
Central City, NE is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 7 days. How we determine this →
Homes sold
4
Last 12 weeks
Days on market
7
Fast-moving
Active listings
4
1.0 months supply
Sale-to-list
98.8%
Below asking
What does the Central City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $231,000 |
| Median list price | $212,000 |
| Year-over-year price change | +110.0% |
| Average days on market | 7 days |
| Active inventory | 4 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 98.8% |
| Median price per sq ft | $127/sq ft |
| Homes sold (latest month) | 4 |
| New listings (latest month) | 1 |
| Listings with a price cut | 25.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Central City by property type?
How the Central City, NE market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $217,000 | $115/sq ft | 3 | 6 days |
| Townhouse | $245,000 | $140/sq ft | 1 | 199 days |
Source: Redfin · Updated monthly
The Central City housing market is currently classified as a strong seller's market with a median sale price of $231,000. Prices have risen 110.0% compared to last year, with homes spending an average of 7 days on market, indicating 1.0 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 3.4x provides context for how home values compare to local earning capacity.
Homes for sale in Central City
There are currently 4 homes listed for sale in Central City, Nebraska. The median listing price is $212K. Featured listings range from $135,000 to $2,000,000.
$160,000
1402 10th Ave
Central City, NE
2 bd1 ba768 sqft$208/ft²
House7,161 sqft lot
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$172,000
515 I St
Central City, NE
3 bd1 ba1,120 sqft$154/ft²
House7,920 sqft lot
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$189,000
404 A Ave
Central City, NE
4 bd1 ba1,514 sqft$125/ft²
House8,712 sqft lot
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$190,000
1204 11th Ave
Central City, NE
3 bd2 ba1,448 sqft$131/ft²
House21,000 sqft lot
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$249,900
507 D St
Central City, NE
3 bd2 ba1,754 sqft$142/ft²
Townhouse8,276 sqft lot
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$260,000
902 13th St
Central City, NE
4 bd2 ba1,120 sqft$232/ft²
House13,760 sqft lot
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$265,000
1603 28th St
Central City, NE
4 bd2 ba1,696 sqft$156/ft²
House25,083 sqft lot
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$269,900
2406 22nd Ave
Central City, NE
4 bd3 ba2,268 sqft$119/ft²
House7,405 sqft lot
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$400,000
1598 L Rd
Central City, NE
Land
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$775,000
Lonetree Rd
Central City, NE
0 ba
Land78.08 acres
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$2,000,000
1304 Lone Tree Rd
Central City, NE
0 ba
Land425.00 acres
View photos & details
Looking to buy in Central City?
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Active listings
4
Homes on market
Median list price
$212K
Avg. days on market
7
Days until sale
New this week
1
Newly listed
Price drops:25.0%of listings
Sale-to-list:98.8%
Who lives in Central City?
Population
3,039
Median income
$62,012/yr
Median age
38.8 years
Owner-occupied
67.4%
College grads
19.7%
Avg commute
17.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Central City?
Zillow home value
$211,370
Price-to-income
3.4x
Source: Zillow Research
What is it like to live in Central City?
Central City is a community of approximately 3K residents with a median age of 38.8 years.The median household income is $62,012, which represents a working-class community with solid middle-income opportunities. 19.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 67.4%, reflecting strong community stability and long-term resident commitment. The average commute time is 17.9 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?
3 schools tracked · 781 students
The largest public schools serving Central City, NE 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 SCHOOL
Grades PK-4 · 317 students
CENTRAL CITY HIGH SCHOOL
Grades 9-12 · 237 students
CENTRAL CITY MIDDLE SCHOOL
Grades 5-8 · 227 students
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, NE?
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 $231,000, up 110.0% from last year.
How long do homes stay on market in Central City?
Homes typically spend 7 days on market before going under contract.
What is the median income in Central City?
The median household income is $62,012 per year.
Is Central City a buyer's or seller's market?
With 1.0 months of supply, Central City is currently a strong seller's market.
How many homes are for sale in Central City?
There are currently 4 homes listed for sale in Central City, NE.
What is the Zillow home value estimate for Central City?
The Zillow Home Value Index (ZHVI) for Central City is $211,370, 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, NE is $217,000 (about $115 per square foot).
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