The median home in Central City, Nebraska is valued at $194,729, up 4.6% year over year. Central City is part of the Grand Island, NE metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$194,729

+4.6%

Prices rising — worse for buyers.

Affordability

Enter your income for Central City.

Income (annual)

Down Payment

$38,946 on $194,729

Example: $75,000 household income. Change it above to see your own.

Affordable23.2% of income

Under the 28% guideline.

PITI$1,449

P/I23.2%

Afford$235K

Room+$40K

P&I $985Tax $281Ins $183

6.50% 30yr, 20% down, county tax + NE ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Nebraska

Compare Central City with other housing markets across Nebraska.

Walton$662K Roca$582K Denton$579K Raymond$547K Fort Calhoun$522K Martell$520K Malcolm$507K Valley$499K

Full Grand Island, NE analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Grand Island, NE metro.

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Central City, NE