$80,000
Hillside Dr
Central, TN
Land41,382 sqft lot
View photos & details
Brokers — List your Company Here
Featured local agent — Central, TN
Example placement
Sarah Mitchell
CNESRESABR
Compass Real Estate · Central, TN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
Central, TN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Central, TN Housing Market
Balanced market+71.9% YoY
Redfin, through March 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The last median sale price Redfin published was $275,000, +71.9% year over year (through May 2026). With 0.7 months of supply and homes going under contract in about 178 days, Central is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $275,000 home is about $1,468/mo in principal and interest.
Key numbers for Central, TN
Median sale price
$275,000
+71.9% year over year
Redfin, through March 2026
Days on market
178
Slow-moving
Redfin, through March 2026
Active listings
2
0.7 months of supply
Redfin, through March 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$42,292
Home costs 6.5x income
U.S. Census ACS, 2023
Sale-to-list ratio
94.1%
Selling below asking
Redfin, through March 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Central a buyer's or seller's market?
Balanced market0.7 months of supply178 days on market94.1% of asking
Central, TN is a balanced market, based on 0.7 months of supply and homes selling in about 178 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Central housing market data show?
Every row below is Redfin's final published month for Central, TN. Redfin, through March 2026
| Metric | Value |
|---|---|
| Median sale price | $275,000 |
| Year-over-year price change | +71.9% |
| Median price per sq ft | $141/sq ft |
| Median days on market | 178 days |
| Active inventory | 2 listings |
| Months of supply | 0.7 months |
| Sale-to-list price ratio | 94.1% |
| Homes sold (that month) | 3 |
| Listings with a price cut | 50.0% |
| Market condition | Balanced market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Central is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Central is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Central home prices moved?
Over the last three years the median sale price in Central, TN fell 9.1%, from $302,450 to $275,000. 50.0% of Central listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 0.7 months while the sale-to-list ratio slips below its current 94.1%. Watch those two together — they move before the median does.
Redfin, through March 2026 — the chart ends at Redfin's final published month.
Get Central market alerts
Weekly updates on prices, inventory, and trends. Free forever.
What does it cost to buy a home in Central?
Priced off the median sale price of $275,000 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $55,000 | $220,000 | $1,468/mo |
| 5% | $13,750 | $261,250 | $1,743/mo |
Redfin, through March 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,468, that implies roughly $62,919 a year before you add taxes and insurance. The median household in Central earns $42,292, about $20,627 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 6.5x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Central in the next 12 months?
Tell us your timeline. We send the Central market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Central?
Zillow does not publish a rent index (ZORI) for Central, TN, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Central?
Active listings in Central, TN went from 5 in December 2024 to 2 in March 2026, a -60.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| February 2025 | 4 | 1 |
| March 2025 | 5 | 3 |
| April 2025 | 8 | 6 |
| May 2025 | 10 | 5 |
| June 2025 | 9 | 2 |
| July 2025 | 7 | 3 |
| August 2025 | 6 | 1 |
| October 2025 | 7 | 1 |
| November 2025 | 6 | 1 |
| December 2025 | 4 | 1 |
| February 2026 | 3 | not published |
| March 2026 | 2 | not published |
Redfin, through March 2026
How does Central compare to Tennessee and the U.S.?
Central homes sell for $275,000 — 33% below the Tennessee median of $413,200. Against the national median of $410,700, Central runs 33% lower. Year-over-year, Central moved +71.9% against Tennessee's +3.0% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Central, TN | $275,000 | +71.9% | 178 days |
| Tennessee statewide | $413,200 | +3.0% | 61 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through March 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Central
What buyers should watch
- Months of supply, currently 0.7. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 50.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $275 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $275,000 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Central listing goes under contract in 178 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 94.1% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Central varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Central
There are currently 2 homes listed for sale in Central, Tennessee. Featured listings range from $80,000 to $825,000.
$119,999
119 Hillside Dr
Central, TN
3 bd1 ba1,158 sqft$104/ft²
House18,295 sqft lot
View photos & details
$195,000
131 Greenlee Rd
Central, TN
2 bd2 ba952 sqft$205/ft²
House37,026 sqft lot
View photos & details
$239,900
2504 Elizabethton Hwy
Central, TN
3 bd2 ba2,452 sqft$98/ft²
House19,166 sqft lot
View photos & details
$275,000
110 Taylortown Rd
Central, TN
3 bd2 ba1,950 sqft$141/ft²
House
View photos & details
$459,900
2230 Dave Buck Rd
Central, TN
4 bd3 ba2,380 sqft$193/ft²
House20,909 sqft lot
View photos & details
$825,000
194 Sparks Rd
Central, TN
4 bd3 ba4,080 sqft$202/ft²
House4.85 acres
View photos & details
Looking to buy in Central?
Get connected with a local real estate expert — free, no obligation.
Active listings
2
Homes on market
Avg. days on market
178
Days until sale
Price drops:50.0%of listings
Sale-to-list:94.1%
How much do homes cost in Central by property type?
How the Central, TN market breaks down across single-family homes, condos and townhouses. Redfin, through March 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $275,000 | $141/sq ft | 3 | 178 days |
| Condo / co-op | $159,900 | $167/sq ft | 1 | 25 days |
Who lives in Central?
American Community Survey estimates for Central. U.S. Census ACS, 2023
Population
1,944
Households
914
Median income
$42,292/yr
Median age
52.5 years
Owner-occupied
78.0%
Median home value
$126,700
Median gross rent
$889/mo
Mean commute
19.1 min
78.0% of occupied homes in Central are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Central, TN?
Ordered by distance from Central, not by size. Compare Central side by side with any of them.
Central housing market FAQ
Is Central a buyer's or seller's market?
Central, TN is currently a balanced market. That read comes from 0.7 months of supply, homes going under contract in about 178 days, and sellers getting 94.1% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Central?
The median sale price in the last month Redfin published was $275,000, about $141 per square foot.
Is Central cheaper than the rest of Tennessee?
Central's median sale price of $275,000 is 33% lower than the Tennessee statewide median of $413,200, and 33% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Central?
Homes in Central, TN spent a median of 178 days on market before going under contract, versus 61 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Central?
At the current 30-year fixed rate of 7.03%, 20% down on a $275,000 home is about $1,468 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $62,919 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $42,292.
Are home prices rising in Central?
Redfin's last published year-over-year change for Central, TN was +71.9%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Central?
Central ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Central?
That depends on your timeline, not on a headline. What the data says today: Central, TN is a balanced market with 0.7 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
Be the brokerage on this page
1 slot per pageGet featured on Central, TN
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Keep researching Central
Nearby markets
Get the Central market brief
Get the Central, TN market brief
One email: what homes are actually clearing at around $275,000, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.