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Town comparisons › Black Hawk vs Central City

Black Hawk vs Central City

Black Hawk and Central City are both in Gilpin County. There are 74 homes for sale in Black Hawk and 13 in Central City as this page loaded. Black Hawk is the more expensive of the two: a median asking price of $735,000 against $545,000 in Central City, about 35% higher. Homes are moving faster in Black Hawk — a median of 76 days on market against 153 in Central City. On months of supply both are a buyer's market right now.

Side by side

MeasureBlack HawkCentral City
Homes for sale7413
New in last 30 days162
Median asking price$735,000$545,000
Median price per sq ft$322$310
Median size (sq ft)2,3322,077
Median bedrooms33
Median days on market76153
Months of supply10.69.8
Sold, last 12 months8416
Median sold price$625,000$424,000
Median days to sell7086
Sold vs asking price98.0%94.0%

The darker figure in each row is the lower price, the shorter wait or the larger number — which of those is the good news depends entirely on whether you are buying or selling.

What each market is doing

Black Hawk is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.
Central City is a buyer's marketOver six months of supply means there are more homes for sale than the current pace of sales absorbs. Buyers have choice and time, and sellers usually have to compete on price or condition.

Black Hawk

74
Homes for sale
$735,000
Median asking price
$322
Median per sq ft
76
Median days on market

Central City

13
Homes for sale
$545,000
Median asking price
$310
Median per sq ft
153
Median days on market

Look at either town on its own

Questions people ask

Is Black Hawk or Central City more expensive?

Black Hawk is more expensive. The median asking price is $735,000 in Black Hawk against $545,000 in Central City. By price per square foot, Black Hawk runs $322 and Central City $310.

Which moves faster, Black Hawk or Central City?

Homes for sale in Black Hawk have been on the market a median of 76 days, against 153 days in Central City. Of the homes that actually closed in the last twelve months, Black Hawk took a median of 70 days and Central City 86.

Is Black Hawk or Central City the better market for a buyer?

Black Hawk is a buyer's market and Central City is a buyer's market, measured on months of supply — 10.6 months in Black Hawk and 9.8 in Central City. More months of supply means more choice and more room to negotiate, so on that measure Black Hawk is the easier of the two to buy in today. That is the arithmetic, not advice — the right town is the one you want to live in.

How many homes are for sale in Black Hawk and Central City?

There are 74 homes for sale in Black Hawk and 13 in Central City as this page loaded, 16 and 2 of them new in the last 30 days.

How current are these figures?

They are not published on a schedule and they are not a monthly snapshot. Both towns are read from the live MLS feed at the same instant, when you open this page, so the two sides are always measured against each other rather than against different weeks.

Both sides of this comparison are recalculated from the live MLS feed at the moment the page loads - neither is a monthly snapshot, and the two are read at the same instant so they are always comparable. Figures cover residential homes for sale; rentals, land and commercial are excluded, as are fractional co-ownership shares, which are priced per share and would distort the medians. Sold figures cover the last twelve complete calendar months. Market data is deemed reliable but not guaranteed - talk to us before making a decision on it.