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Is Central City, NE 68826 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Central City is a seller’s market. With about 2.7 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.7Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list94.5%Sold price ÷ list price
Median days on market94Listing to accepted offer
Median price per sq ft$116▲ +1.9% vs. last year

The Central City housing market right now

In the three months ending August 31, 2026, 0% of homes in Central City, NE 68826 sold above their list price, the typical home went under contract in 94 days and there were 2.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 17%, homes sold more slowly (44 days then) and the median sale price rose 26% to $204,911. Overall, Central City is less competitive than a year ago, which gives buyers more room.

Run the numbers for 68826

Prefilled for 68826Can I win this house?Multiple-offer likelihood for a listing Prefilled for 68826Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Archer 68816 $164 /sq ftClarks 68628 $163 /sq ftSilver Creek 68663 $174 /sq ft Browse all markets →

Towns like Central City nearby

Find towns like Central City in other states →
Osceola, NE68651 · 24 miles away89% similarsmaller Saint Paul, NE68873 · 24 miles away85% similarpricier homes ($43K more) · 7 min longer commute Aurora, NE68818 · 19 miles away84% similarpricier homes ($92K more) Wood River, NE68883 · 38 miles away84% similarpricier homes ($34K more) · smaller

Where Central City is

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Questions about Central City real estate

Is Central City a buyer’s or seller’s market?

A seller’s market: there were 2.7 months of supply in Central City, NE 68826 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Central City?

The typical home went under contract in 94 days in the latest three months.

Do homes in Central City sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 94.5% of the list price.

What are property taxes in Central City?

About 1.30% of a home’s value a year in Merrick County, or roughly $5,200 on a $400,000 home.

What is the median home price in Central City?

The median sale price was $204,911 in the three months ending August 31, 2026, about $116 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology