Central City, KY 42330 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Central City, KY—42330

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$119,000

8.8% YoY Growth

Household Income

$47,900

9.8% YoY Growth

Days on Market

13.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$350

29.2% YoY Growth

1-Bed Rent

$350

29.0% YoY Growth

2-Bed Rent

$475

24.8% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Central City, KY

Central City, KY lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$119,000	8.8%
Single Family	$119,000	5.3%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Central City, KY

As of July '25, Rentcast reports the average rent in Central City, KY is $412, with a year-over-year rent change of -29.2%. Per bedroom, the median rent as of July '25 in Central City, KY is 1-bedrooms: $350, 2-bedrooms: $475. The most common rental property sizes in Central City, KY are 1-bedroom and 2-bedroom, accounting for 33.0% and 29.6% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$350	$412
Studio Rent	N/A	N/A
1 Bed Rent	$350	$350
2 Bed Rent	$475	$475
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

1 Bedroom

33.0%

2 Bedrooms

29.6%

3 Bedrooms

25.5%

4 Bedrooms

10.4%

5+ Bedrooms

1.6%

Property Listings — Central City, KY

As of Nov '25, Realtor.com reports that the median days on market for a home in Central City, KY is 46. This is a decrease of -13.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$162,000	-10.0%
Listing Count	19	-17.0%
Listings as % of Homes	0.4%	-17.0%
Days on Market	46	-13.0%

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Demographics — Central City, KY

As of the latest ACS Survey released in 2023, Central City, KY has a population of 9,350, which has increased by 4.4% over the past 5 years. Central City, KY is a moderately popular place for families, as children make up 21.3% of the population. The area has a poorly educated workforce, with 8.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	9,350	4.4%
% Under 18	21.3%	3.9%
% Seniors	19.8%	14.5%
% WFH	0.9%	28.6%
% w/ College Degree	8.1%	-17.3%

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As of the latest ACS Survey released in 2023, Central City, KY is a predominantly white area, with 91.1% of the population identifying as white. The white population has grown by 5.9% in the last 5 years. The second most common race or ethnicity in Central City, KY is black, making up 2.6% of the population. Foreign-born residents account for 2.1% of the population in Central City, KY, and this percentage has decreased by 40.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

Metric	Latest Census	5-Year % Change
% White	91.1%	5.9%
% Black	2.6%	-72.3%
% Hispanic	2.2%	-51.1%
% Asian	0.3%	0.0%
% Foreign Born	2.1%	-40.0%

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Mortgage and Risk — Central City, KY

According to HUD data as of 2023, there were 94 mortgage originations in Central City, KY, of which 77.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 23.0% above 90% LTV (very high). This implies large mortgage risk in Central City, KY. Investor activity is low, as 7.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	94
% Conventional Loans	77.0%
% Government Loans	23.0%
% Investor Loans	7.0%
% Second Loans	1.0%
% Cash Out Refinance	5.0%

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Rentals and Section 8 — Central City, KY

Central City, KY lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	89
Total Units Section 8	19
% Rentals under Section 8	2.8%
% Occupied Section 8	66.0%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$400	$350	$750
2 Bedroom	$515	$475	$990
3 Bedroom	N/A	N/A	$1,300
4 Bedroom	N/A	N/A	$1,310

Central City, KY—42330

Key Metrics at a Glance

Home Price Trends — Central City, KY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Central City, KY

% of Rental Stock

Property Listings — Central City, KY

Demographics — Central City, KY

Race and Ethnicity

Mortgage and Risk — Central City, KY

Mortgages

Rentals and Section 8 — Central City, KY

Section 8 Market Size

Section 8 Opportunity

Affordability — Central City, KY

Home Price to Income Ratio

Central City, KY — ZIP Code Boundary Map

Nearby ZIP Codes

South Carrollton

Hillside, KY

Paradise, KY

Island, KY

Bremen, KY

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.2
Median Home Price	$119,000
Median Household Income	$47,900

Central City, KY—42330

Key Metrics at a Glance

Home Price Trends — Central City, KY

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Central City, KY

% of Rental Stock

Property Listings — Central City, KY

Demographics — Central City, KY

Race and Ethnicity

Mortgage and Risk — Central City, KY

Mortgages

Rentals and Section 8 — Central City, KY

Section 8 Market Size

Section 8 Opportunity

Affordability — Central City, KY

Home Price to Income Ratio

Central City, KY — ZIP Code Boundary Map

Nearby ZIP Codes

South Carrollton

Hillside, KY

Paradise, KY

Island, KY

Bremen, KY

Frequently Asked Questions

What is the average home price in Central City, KY 42330?

How have home prices in Central City, KY 42330 changed over the past year?

What is the home price projection for Central City, KY 42330?

What are the demographics of Central City, KY 42330?

How long does it take homes to sell in Central City, KY 42330?

What is the average rent price in Central City, KY 42330?