Central City, IA Real Estate

According to census data in the year 2000 there were 510 housing units in Central City. This represents a 8.3% growth from 471 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 510 were located in what is classified as a rural area.

Homeownership rate in Central City is about 75.8%. Central City's vacancy rate, including seasonal lodging, is about 5.1%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Central City were built after 1954.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom18.60%
Two Bedrooms23.70%
Three Bedrooms41.40%
Four Bedrooms15.50%
Five Bedrooms or more0.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.56
Median year structure was built1947
Median Value of occupied units$78,400
Median Price asked for vacant units$67,500

Rented Homes, Apartments and Condos

Average Household Size1.79
Median year structure was built1968
Median Monthly Rent asked for vacant units$142

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.60%
Second Mortgage5.90%
Home Equity Loan5%
Simple Mortgage51.90%
Debt Free36.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%