OfferBackedBuyer Tools

Is Central City, CO 80427 a buyer’s or seller’s market?

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

Central City is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list89.6%Sold price ÷ list price
Median days on market5Listing to accepted offer
Median price per sq ft$209▼ −44.4% vs. last year

The Central City housing market right now

In the three months ending August 31, 2026, 0% of homes in Central City, CO 80427 sold above their list price, the typical home went under contract in 5 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (85 days then) and the median sale price fell 18% to $303,869. Overall, Central City is more competitive than a year ago, so tougher for buyers.

Run the numbers for 80427

Prefilled for 80427Can I win this house?Multiple-offer likelihood for a listing Prefilled for 80427Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Black Hawk 80422Buyer’s market $342 /sq ftRollinsville 80474 — /sq ft Browse all markets →

Where Central City is

Loading map…

Questions about Central City real estate

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

A buyer’s market: there were 6.4 months of supply in Central City, CO 80427 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 5 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 89.6% of the list price.

What are property taxes in Central City?

About 0.23% of a home’s value a year in Gilpin County, or roughly $920 on a $400,000 home.

What is the median home price in Central City?

The median sale price was $303,869 in the three months ending August 31, 2026, about $209 per square foot.

Local agents

See all agents in 80427 →

No sponsored agents in 80427 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 80427

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Gilpin County property taxesGilpin County loan limitsClosing costs in ColoradoHottest ZIP codes in Colorado
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

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