Home prices
The median home in Central City costs $106,300. It is approximately $53,840 (33%) lower in comparison to its nearby areas.It is roughly $111,200 (51%) lower compared to the nation as a whole, and in comparison to the city of Rapid City is about $78,400 (42%) lower.
Rents
Central City's median rent is $730 a month. This is is very similar in comparison to its nearby areas.Compared to the entire country it is about $332 (31%) lower, and it is approximately $107 (12%) lower compared to the city of Rapid City.
Nearby places
Lead
Lead is about 1 mile south of Central City. The real estate prices there are somewhat more expensive. Lead's median home cost is $123,200, which works out to $16,900 (13%) higher than Central City. Its rents are similar. In Lead the median monthly rent is $707, which is $23 (3%) lower than Central City.
Deadwood
Deadwood is roughly 2 miles northeast from Central City. The real estate prices there are a lot more expensive. Deadwood's median home value is $160,700, which works out to $54,400 (33%) higher than Central City. Rents there are a bit less expensive. Deadwood's median rent is $593 a month, which is $137 (23%) lower than Central City.
Spearfish
Spearfish is about 8 miles north of Central City. The housing prices there are significantly more expensive. The median home cost in Spearfish is $212,700, which comes out to $106,400 (50%) higher than Central City. Its rents are fairly similar. The median rent in Spearfish is $763 a month, which is $33 (4%) higher than Central City.
Whitewood
Whitewood is roughly 8 miles northeast of Central City. Real estate prices there are a little more expensive. The value of the median home in Whitewood is $114,400, which is $8,100 (7%) higher than Central City. Its rents are pretty similar. In Whitewood the median monthly rent is $744, which comes out to $14 (1%) higher than Central City.
North Spearfish
North Spearfish is about 10 miles northwest from Central City. Its real estate prices are substantially more expensive. The median home value in North Spearfish is $189,700, which works out to $83,400 (43%) higher than Central City. Rent there is a little more expensive. In North Spearfish the median rent is $821 a month, which is $91 (11%) higher than Central City.