Central, KY housing market
The typical Central home is worth about $114,000, down 14.5% in a year, 51% below the Kentucky typical home.
Home values, sales, trends and how Central compares with the towns next door — updated as new data is published.
Central at a glance
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Central | Kentucky |
|---|---|---|
| 2017 | $72,000 | $131,000 |
| 2018 | $74,000 | $138,000 |
| 2019 | $81,000 | $146,000 |
| 2020 | $85,000 | $155,000 |
| 2021 | $101,000 | $173,000 |
| 2022 | $106,000 | $191,000 |
| 2023 | $111,000 | $207,000 |
| 2024 | $114,000 | $216,000 |
| 2025 | $127,000 | $229,000 |
| 2026 | $122,000 | $233,000 |
| August 2026 | $114,000 | $233,000 |
5 new homes permitted in 2025
Builders were permitted 5 new homes in Central in 2025, all single-family houses, worth about $1.1 million to build. That's 0.9 per 1,000 residents, slower than across Kentucky (6.5). Over the past 10 years, Central has permitted 50 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Central's population fell by 159 even though 27 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across Kentucky: 1.6 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 3 | 0 | $638,000 |
| 2025 | 5 | 5 | 0 | $1.1 million |
| 2024 | 5 | 5 | 0 | $1.1 million |
| 2023 | 5 | 5 | 0 | $1.1 million |
| 2022 | 7 | 7 | 0 | $1.5 million |
| 2021 | 6 | 6 | 0 | $1.3 million |
| 2020 | 5 | 5 | 0 | $1.1 million |
| 2019 | 5 | 5 | 0 | $1.1 million |
| 2018 | 5 | 5 | 0 | $1.1 million |
| 2017 | 4 | 4 | 0 | $851,000 |
| 2016 | 3 | 3 | 0 | $638,000 |
| 2015 | 2 | 2 | 0 | $426,000 |
| 2014 | 2 | 2 | 0 | $426,000 |
| 2013 | 1 | 1 | 0 | $193,000 |
| 2012 | 2 | 2 | 0 | $363,000 |
| 2011 | 3 | 3 | 0 | $538,000 |
| 2010 | 0 | 0 | 0 | — |
| 2009 | 2 | 2 | 0 | $354,000 |
| 2008 | 5 | 5 | 0 | $888,000 |
| 2007 | 5 | 5 | 0 | $853,000 |
| 2006 | 7 | 7 | 0 | $1.3 million |
| 2005 | 10 | 6 | 4 | $1.4 million |
| 2004 | 9 | 9 | 0 | $1.9 million |
| 2003 | 19 | 13 | 6 | $1.8 million |
| 2002 | 8 | 8 | 0 | $806,000 |
| 2001 | 7 | 7 | 0 | $705,000 |
| 2000 | 7 | 7 | 0 | $705,000 |
Central's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
How Central ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
2.2 years of income
The typical Central home costs about 2.2 years of the town's median household income, less than across Kentucky (3.7 years).
How Central ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,020
HUD's Fair Market Rent for a two-bedroom in Central is $1,020 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Central pay a median of $683, so moving in tends to cost more than staying put. A two-bedroom takes about 24% of the town's median household income.
Studio $770 · 4 bedrooms $1,350
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (42330; Owensboro, KY MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.